Autohome Inc (ATHM) Stake Lessened by Brown Advisory Inc.

Brown Advisory Inc. lowered its stake in shares of Autohome Inc (NYSE:ATHM) by 23.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,250 shares of the information services provider’s stock after selling 18,290 shares during the quarter. Brown Advisory Inc. owned about 0.05% of Autohome worth $4,713,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of ATHM. Standard Life Aberdeen plc boosted its position in Autohome by 17.3% in the fourth quarter. Standard Life Aberdeen plc now owns 6,605,795 shares of the information services provider’s stock valued at $516,903,000 after buying an additional 975,525 shares during the last quarter. Baillie Gifford & Co. boosted its position in Autohome by 0.6% in the third quarter. Baillie Gifford & Co. now owns 3,374,030 shares of the information services provider’s stock valued at $261,184,000 after buying an additional 20,050 shares during the last quarter. BlackRock Inc. boosted its position in Autohome by 4.6% in the third quarter. BlackRock Inc. now owns 2,805,299 shares of the information services provider’s stock valued at $217,159,000 after buying an additional 124,612 shares during the last quarter. MERIAN GLOBAL INVESTORS UK Ltd boosted its position in Autohome by 8.8% in the fourth quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 1,783,900 shares of the information services provider’s stock valued at $139,554,000 after buying an additional 144,800 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Autohome by 16.8% in the fourth quarter. Bank of New York Mellon Corp now owns 1,026,045 shares of the information services provider’s stock valued at $80,268,000 after buying an additional 147,895 shares during the last quarter. Hedge funds and other institutional investors own 51.70% of the company’s stock.

Autohome stock opened at $92.55 on Friday. Autohome Inc has a 12 month low of $61.43 and a 12 month high of $119.50. The company has a market capitalization of $10.94 billion, a price-to-earnings ratio of 24.68, a P/E/G ratio of 0.68 and a beta of 1.38.

Several research firms have commented on ATHM. Bank of America upped their price objective on Autohome from $96.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, February 27th. Zacks Investment Research upgraded Autohome from a “hold” rating to a “strong-buy” rating and set a $108.00 price objective on the stock in a research report on Friday, March 1st. Credit Suisse Group lowered Autohome from an “outperform” rating to a “neutral” rating and upped their price objective for the stock from $83.00 to $92.00 in a research report on Wednesday, February 27th. Macquarie began coverage on Autohome in a research report on Sunday, December 9th. They issued an “outperform” rating and a $82.34 price objective on the stock. Finally, JPMorgan Chase & Co. lowered Autohome from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $68.00 to $58.00 in a research report on Monday, January 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $91.48.

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Autohome 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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Institutional Ownership by Quarter for Autohome (NYSE:ATHM)

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