Autohome Inc. $ATHM Shares Sold by US Bancorp DE

US Bancorp DE lessened its holdings in shares of Autohome Inc. (NYSE:ATHM) by 8.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,213 shares of the information services provider’s stock after selling 3,440 shares during the quarter. US Bancorp DE’s holdings in Autohome were worth $908,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Amundi raised its holdings in Autohome by 8.5% in the 1st quarter. Amundi now owns 138,861 shares of the information services provider’s stock valued at $3,794,000 after buying an additional 10,890 shares during the period. GAMMA Investing LLC grew its position in Autohome by 2,671.8% in the 1st quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider’s stock valued at $55,000 after acquiring an additional 1,897 shares in the last quarter. Vontobel Holding Ltd. increased its stake in shares of Autohome by 26.4% during the first quarter. Vontobel Holding Ltd. now owns 10,828 shares of the information services provider’s stock worth $300,000 after buying an additional 2,264 shares during the period. Strs Ohio purchased a new stake in shares of Autohome during the first quarter worth approximately $1,231,000. Finally, Northern Trust Corp increased its stake in shares of Autohome by 12.5% during the first quarter. Northern Trust Corp now owns 390,800 shares of the information services provider’s stock worth $10,833,000 after buying an additional 43,300 shares during the period. Hedge funds and other institutional investors own 63.08% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Autohome in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Autohome currently has an average rating of “Hold” and a consensus target price of $36.00.

Autohome Stock Up 1.3%

NYSE:ATHM opened at $28.05 on Friday. The company has a market capitalization of $3.28 billion, a PE ratio of 16.50 and a beta of 0.09. Autohome Inc. has a 52-week low of $23.39 and a 52-week high of $32.70. The stock has a fifty day simple moving average of $28.67 and a 200-day simple moving average of $27.12.

Autohome Dividend Announcement

The business also recently disclosed a special dividend, which will be paid on Thursday, November 20th. Investors of record on Monday, October 20th will be given a dividend of $0.59 per share. This represents a yield of 590.0%. The ex-dividend date is Monday, October 20th. Autohome’s dividend payout ratio (DPR) is currently 66.47%.

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.