Unigestion Holding SA lifted its position in Autohome Inc (NYSE:ATHM) by 8.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 135,500 shares of the information services provider’s stock after acquiring an additional 10,200 shares during the quarter. Unigestion Holding SA owned 0.11% of Autohome worth $10,489,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Skandinaviska Enskilda Banken AB publ grew its holdings in shares of Autohome by 10.2% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 80,437 shares of the information services provider’s stock valued at $6,227,000 after buying an additional 7,424 shares in the last quarter. Gulf International Bank UK Ltd grew its holdings in shares of Autohome by 23.4% during the third quarter. Gulf International Bank UK Ltd now owns 15,800 shares of the information services provider’s stock valued at $1,223,000 after buying an additional 3,000 shares in the last quarter. Virginia Retirement Systems ET AL grew its holdings in shares of Autohome by 74.5% during the third quarter. Virginia Retirement Systems ET AL now owns 19,200 shares of the information services provider’s stock valued at $1,486,000 after buying an additional 8,200 shares in the last quarter. WINTON GROUP Ltd purchased a new position in shares of Autohome during the third quarter valued at $409,000. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in shares of Autohome by 392.9% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 11,175 shares of the information services provider’s stock valued at $865,000 after buying an additional 8,908 shares in the last quarter. Institutional investors own 44.95% of the company’s stock.
A number of research analysts have commented on the company. Zacks Investment Research downgraded Autohome from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 24th. ValuEngine upgraded Autohome from a “hold” rating to a “buy” rating in a research note on Tuesday, August 14th. JPMorgan Chase & Co. assumed coverage on Autohome in a research note on Wednesday, August 29th. They issued a “hold” rating and a $80.00 target price on the stock. Finally, CLSA set a $95.00 target price on Autohome and gave the company a “buy” rating in a research note on Tuesday, October 16th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $83.50.
Shares of NYSE ATHM opened at $68.66 on Friday. Autohome Inc has a one year low of $52.93 and a one year high of $119.50. The stock has a market capitalization of $9.14 billion, a price-to-earnings ratio of 26.11 and a beta of 1.86.
Autohome (NYSE:ATHM) last announced its quarterly earnings results 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 company had revenue of $282.43 million during the quarter. As a group, equities research analysts forecast that Autohome Inc will post 3.4 EPS for the current fiscal year.
Autohome Company Profile
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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