AMP Capital Investors Ltd increased its position in shares of Autohome Inc (NYSE:ATHM) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 50,537 shares of the information services provider’s stock after buying an additional 1,759 shares during the quarter. AMP Capital Investors Ltd’s holdings in Autohome were worth $5,104,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. Baillie Gifford & Co. raised its position in shares of Autohome by 2.1% during the 1st quarter. Baillie Gifford & Co. now owns 3,406,014 shares of the information services provider’s stock valued at $292,712,000 after buying an additional 68,677 shares during the period. Acadian Asset Management LLC raised its position in shares of Autohome by 17.8% during the 2nd quarter. Acadian Asset Management LLC now owns 3,072,359 shares of the information services provider’s stock valued at $310,310,000 after buying an additional 464,887 shares during the period. Standard Life Aberdeen plc raised its position in Autohome by 21,884.6% in the second quarter. Standard Life Aberdeen plc now owns 1,826,703 shares of the information services provider’s stock valued at $184,506,000 after purchasing an additional 1,818,394 shares during the period. Barclays PLC raised its position in Autohome by 86.1% in the first quarter. Barclays PLC now owns 763,157 shares of the information services provider’s stock valued at $65,587,000 after purchasing an additional 353,023 shares during the period. Finally, Hsbc Holdings PLC raised its position in Autohome by 415.8% in the first quarter. Hsbc Holdings PLC now owns 716,489 shares of the information services provider’s stock valued at $61,576,000 after purchasing an additional 577,590 shares during the period. 44.48% of the stock is currently owned by hedge funds and other institutional investors.
Autohome stock opened at $77.35 on Friday. Autohome Inc has a twelve month low of $52.93 and a twelve month high of $119.50. The firm has a market cap of $8.67 billion, a PE ratio of 29.41 and a beta of 1.96.
Autohome (NYSE:ATHM) last posted its quarterly earnings data on Wednesday, August 8th. The information services provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.03. Autohome had a return on equity of 27.64% and a net margin of 36.15%. The business had revenue of $282.43 million for the quarter. research analysts forecast that Autohome Inc will post 3.4 EPS for the current fiscal year.
A number of analysts have issued reports on ATHM shares. ValuEngine lowered Autohome from a “buy” rating to a “hold” rating in a research report on Tuesday, September 11th. Zacks Investment Research lowered Autohome from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Finally, JPMorgan Chase & Co. started coverage on Autohome in a research report on Wednesday, August 29th. They issued a “hold” rating and a $80.00 target price on the stock. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Autohome has an average rating of “Buy” and a consensus price target of $83.47.
Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.
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