Seldon Capital LP Has $2.68 Million Stock Holdings in Autohome Inc. (NYSE:ATHM)

Seldon Capital LP reduced its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 41.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,113 shares of the information services provider's stock after selling 72,014 shares during the quarter. Autohome accounts for 1.1% of Seldon Capital LP's portfolio, making the stock its 23rd largest position. Seldon Capital LP owned about 0.09% of Autohome worth $2,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in ATHM. Vontobel Holding Ltd. raised its position in Autohome by 27.4% in the 4th quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock valued at $222,000 after purchasing an additional 1,841 shares during the last quarter. Walleye Capital LLC bought a new stake in Autohome during the 4th quarter worth about $231,000. Asset Management One Co. Ltd. increased its position in Autohome by 37.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider's stock valued at $261,000 after acquiring an additional 2,652 shares in the last quarter. Headlands Technologies LLC lifted its position in shares of Autohome by 1,135.5% during the fourth quarter. Headlands Technologies LLC now owns 9,872 shares of the information services provider's stock worth $256,000 after purchasing an additional 9,073 shares in the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of Autohome during the fourth quarter valued at approximately $269,000. 63.08% of the stock is owned by institutional investors.

Autohome Price Performance

Shares of Autohome stock traded down $0.46 during trading on Friday, hitting $27.60. 162,802 shares of the company were exchanged, compared to its average volume of 518,500. The firm has a market capitalization of $3.31 billion, a P/E ratio of 14.89 and a beta of 0.16. The firm's fifty day moving average price is $28.12 and its 200 day moving average price is $28.03. Autohome Inc. has a 1-year low of $21.89 and a 1-year high of $34.70.

Autohome (NYSE:ATHM - Get Free Report) last issued its earnings results on Thursday, February 20th. The information services provider reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. The firm had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. Autohome had a net margin of 23.02% and a return on equity of 7.79%. As a group, equities research analysts anticipate that Autohome Inc. will post 1.84 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ATHM. StockNews.com downgraded Autohome from a "buy" rating to a "hold" rating in a report on Friday, February 28th. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $24.00 to $36.00 in a research report on Wednesday, March 12th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $32.00.

Autohome 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.