Oldfield Partners LLP Sells 40,300 Shares of Autohome Inc. (NYSE:ATHM)

Oldfield Partners LLP reduced its position in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 16.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,900 shares of the information services provider's stock after selling 40,300 shares during the quarter. Autohome accounts for approximately 1.5% of Oldfield Partners LLP's investment portfolio, making the stock its 13th biggest holding. Oldfield Partners LLP owned approximately 0.17% of Autohome worth $5,239,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. M&G PLC increased its stake in shares of Autohome by 9.6% during the 3rd quarter. M&G PLC now owns 3,384,865 shares of the information services provider's stock worth $111,701,000 after purchasing an additional 296,107 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in Autohome by 140.5% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,718,761 shares of the information services provider's stock valued at $44,602,000 after buying an additional 1,004,043 shares during the period. State Street Corp lifted its position in shares of Autohome by 2.0% in the third quarter. State Street Corp now owns 1,382,468 shares of the information services provider's stock valued at $45,096,000 after buying an additional 27,501 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Autohome during the 2nd quarter worth approximately $22,501,000. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Autohome by 106.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 683,144 shares of the information services provider's stock worth $22,284,000 after acquiring an additional 351,789 shares during the period. Institutional investors and hedge funds own 63.08% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on ATHM shares. Hsbc Global Res raised shares of Autohome to a "strong-buy" rating in a report on Thursday, October 3rd. StockNews.com raised Autohome from a "hold" rating to a "buy" rating in a research report on Thursday, January 16th. CLSA cut Autohome from an "outperform" rating to a "hold" rating in a report on Thursday, October 24th. Finally, The Goldman Sachs Group upgraded Autohome to a "hold" rating in a research note on Wednesday, December 11th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $28.00.

Autohome Trading Down 0.8 %

NYSE ATHM traded down $0.22 during trading on Wednesday, reaching $28.52. The company's stock had a trading volume of 455,670 shares, compared to its average volume of 439,371. Autohome Inc. has a 12 month low of $21.89 and a 12 month high of $34.70. The firm has a 50 day moving average price of $27.02 and a 200 day moving average price of $27.30. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 14.19 and a beta of 0.18.

Autohome Increases Dividend

The business also recently disclosed a Variable dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, December 31st will be issued a $1.15 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from Autohome's previous Variable dividend of $0.57. This represents a yield of 5.8%. Autohome's payout ratio is currently 83.58%.

Autohome Company Profile

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.