Sumitomo Mitsui Trust Holdings Inc. Sells 1,945 Shares of Autohome Inc. (NYSE:ATHM)

Sumitomo Mitsui Trust Holdings Inc. lessened its stake in shares of Autohome Inc. (NYSE:ATHM) by 1.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 174,808 shares of the information services provider’s stock after selling 1,945 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned 0.14% of Autohome worth $4,905,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its stake in shares of Autohome by 98.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,468 shares of the information services provider’s stock valued at $75,000 after purchasing an additional 1,226 shares during the last quarter. Van ECK Associates Corp increased its position in Autohome by 70.4% during the third quarter. Van ECK Associates Corp now owns 4,293 shares of the information services provider’s stock valued at $130,000 after acquiring an additional 1,774 shares during the last quarter. DekaBank Deutsche Girozentrale raised its stake in shares of Autohome by 36.8% in the third quarter. DekaBank Deutsche Girozentrale now owns 4,998 shares of the information services provider’s stock valued at $152,000 after acquiring an additional 1,345 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in shares of Autohome in the 3rd quarter worth about $296,000. Finally, Diversified Trust Co purchased a new position in shares of Autohome during the 3rd quarter worth about $404,000. Institutional investors own 63.08% of the company’s stock.

Autohome Price Performance

Autohome stock opened at $24.74 on Wednesday. The firm has a market capitalization of $3.11 billion, a P/E ratio of 11.56 and a beta of 0.24. Autohome Inc. has a 1-year low of $23.81 and a 1-year high of $34.10. The company’s 50-day moving average is $26.18 and its 200 day moving average is $26.57.

Autohome (NYSE:ATHM) last issued its quarterly earnings results on Tuesday, February 6th. The information services provider reported $0.52 earnings per share for the quarter, hitting the consensus estimate of $0.52. Autohome had a return on equity of 8.23% and a net margin of 26.14%. The firm had revenue of $269.22 million for the quarter, compared to the consensus estimate of $264.99 million. Research analysts anticipate that Autohome Inc. will post 2.21 earnings per share for the current fiscal year.

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.