Robeco Institutional Asset Management B.V. decreased its holdings in shares of Autohome Inc. (NYSE:ATHM – Free Report) by 25.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,510,651 shares of the information services provider’s stock after selling 527,748 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 1.29% of Autohome worth $33,627,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in ATHM. Qube Research & Technologies Ltd lifted its holdings in Autohome by 42.2% during the 2nd quarter. Qube Research & Technologies Ltd now owns 185,882 shares of the information services provider’s stock valued at $4,794,000 after purchasing an additional 55,167 shares during the last quarter. Sei Investments Co. lifted its holdings in Autohome by 0.4% during the 2nd quarter. Sei Investments Co. now owns 338,720 shares of the information services provider’s stock valued at $8,736,000 after purchasing an additional 1,197 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Autohome by 5.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,168 shares of the information services provider’s stock valued at $236,000 after purchasing an additional 438 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in Autohome during the 2nd quarter valued at $1,086,000. Finally, Raymond James Financial Inc. acquired a new stake in Autohome during the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 63.08% of the company’s stock.
Autohome Stock Performance
ATHM opened at $17.86 on Tuesday. Autohome Inc. has a fifty-two week low of $16.74 and a fifty-two week high of $29.92. The company has a market capitalization of $2.09 billion, a P/E ratio of 10.89 and a beta of 0.20. The stock has a fifty day moving average of $19.18 and a 200-day moving average of $22.64.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the company. Zacks Research downgraded Autohome from a “hold” rating to a “strong sell” rating in a report on Friday, February 13th. Benchmark reaffirmed a “hold” rating on shares of Autohome in a report on Tuesday, February 24th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Autohome in a report on Monday, December 29th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $28.00.
View Our Latest Research Report on ATHM
About Autohome
Autohome Inc (NYSE: ATHM) operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.
In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.
Featured Articles
Receive News & Ratings for Autohome Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autohome and related companies with MarketBeat.com's FREE daily email newsletter.
