Autohome Inc. (NYSE:ATHM) Shares Acquired by New York State Common Retirement Fund

New York State Common Retirement Fund boosted its position in Autohome Inc. (NYSE:ATHM) by 58.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,240 shares of the information services provider’s stock after acquiring an additional 39,806 shares during the quarter. New York State Common Retirement Fund owned 0.09% of Autohome worth $3,037,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Wealth Asset Management LLC lifted its stake in Autohome by 215.0% during the third quarter. Legacy Wealth Asset Management LLC now owns 72,384 shares of the information services provider’s stock worth $2,197,000 after purchasing an additional 49,403 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Autohome by 128.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 114,043 shares of the information services provider’s stock worth $3,461,000 after buying an additional 64,092 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Autohome by 29.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 108,386 shares of the information services provider’s stock valued at $3,290,000 after buying an additional 24,411 shares during the last quarter. Krane Funds Advisors LLC raised its stake in Autohome by 13.8% during the 3rd quarter. Krane Funds Advisors LLC now owns 2,530,893 shares of the information services provider’s stock worth $76,813,000 after acquiring an additional 306,432 shares in the last quarter. Finally, Causeway Capital Management LLC lifted its position in Autohome by 24.8% in the third quarter. Causeway Capital Management LLC now owns 485,611 shares of the information services provider’s stock valued at $14,738,000 after acquiring an additional 96,510 shares during the last quarter. Institutional investors and hedge funds own 63.08% of the company’s stock.

Autohome Stock Performance

Shares of ATHM stock opened at $27.00 on Tuesday. Autohome Inc. has a 1 year low of $23.81 and a 1 year high of $34.10. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 12.62 and a beta of 0.22. The stock’s 50-day moving average is $25.98 and its two-hundred day moving average is $26.39.

Autohome (NYSE:ATHM) last released its quarterly earnings results on Tuesday, February 6th. The information services provider reported $0.52 EPS for the quarter, hitting the consensus estimate of $0.52. The company had revenue of $269.22 million for the quarter, compared to analyst estimates of $264.99 million. Autohome had a return on equity of 8.23% and a net margin of 26.14%. As a group, research analysts predict that Autohome Inc. will post 2.24 EPS for the current year.

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.