Autohome Inc. (NYSE:ATHM) Position Lifted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in Autohome Inc. (NYSE:ATHM - Free Report) by 140.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,718,761 shares of the information services provider's stock after purchasing an additional 1,004,043 shares during the period. Robeco Institutional Asset Management B.V. owned 1.42% of Autohome worth $44,602,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vontobel Holding Ltd. acquired a new position in shares of Autohome in the third quarter valued at approximately $219,000. BlueCrest Capital Management Ltd acquired a new position in shares of Autohome in the third quarter valued at approximately $228,000. Van ECK Associates Corp raised its position in shares of Autohome by 31.2% in the third quarter. Van ECK Associates Corp now owns 9,310 shares of the information services provider's stock valued at $304,000 after buying an additional 2,212 shares during the last quarter. Ritholtz Wealth Management raised its position in shares of Autohome by 8.1% in the fourth quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider's stock valued at $270,000 after buying an additional 778 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Autohome in the second quarter valued at approximately $345,000. Hedge funds and other institutional investors own 63.08% of the company's stock.

Wall Street Analyst Weigh In

ATHM has been the subject of several research analyst reports. Hsbc Global Res raised shares of Autohome to a "strong-buy" rating in a research report on Thursday, October 3rd. StockNews.com raised shares of Autohome from a "hold" rating to a "buy" rating in a research report on Thursday, January 16th. CLSA lowered shares of Autohome from an "outperform" rating to a "hold" rating in a research report on Thursday, October 24th. Finally, The Goldman Sachs Group raised shares of Autohome to a "hold" rating in a research report on Wednesday, December 11th. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $28.00.

Autohome Stock Up 1.9 %

Shares of Autohome stock traded up $0.54 during trading hours on Thursday, hitting $28.95. The company's stock had a trading volume of 74,498 shares, compared to its average volume of 421,814. The company has a market capitalization of $3.51 billion, a PE ratio of 14.41 and a beta of 0.18. The business has a fifty day moving average of $27.02 and a 200 day moving average of $27.30. Autohome Inc. has a 1-year low of $21.89 and a 1-year high of $34.70.

Autohome Increases Dividend

The company also recently announced a Variable dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, December 31st will be paid a $1.15 dividend. The ex-dividend date is Tuesday, December 31st. This is an increase from Autohome's previous Variable dividend of $0.57. This represents a dividend yield of 5.8%. Autohome's dividend payout ratio is 83.58%.

About Autohome

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.