35,200 Shares in Autohome Inc. (NYSE:ATHM) Acquired by KEYWISE CAPITAL MANAGEMENT HK Ltd

KEYWISE CAPITAL MANAGEMENT HK Ltd acquired a new stake in Autohome Inc. (NYSE:ATHM - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 35,200 shares of the information services provider's stock, valued at approximately $913,000. Autohome makes up 0.1% of KEYWISE CAPITAL MANAGEMENT HK Ltd's holdings, making the stock its 11th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of ATHM. Rhumbline Advisers grew its position in shares of Autohome by 3.1% in the fourth quarter. Rhumbline Advisers now owns 13,761 shares of the information services provider's stock valued at $357,000 after purchasing an additional 420 shares in the last quarter. Ritholtz Wealth Management grew its holdings in Autohome by 8.1% during the 4th quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider's stock valued at $270,000 after buying an additional 778 shares in the last quarter. Vontobel Holding Ltd. increased its position in shares of Autohome by 27.4% during the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock valued at $222,000 after buying an additional 1,841 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Autohome by 5.5% in the fourth quarter. Franklin Resources Inc. now owns 43,714 shares of the information services provider's stock worth $1,134,000 after buying an additional 2,266 shares in the last quarter. Finally, SIH Partners LLLP lifted its holdings in shares of Autohome by 10.6% in the fourth quarter. SIH Partners LLLP now owns 27,100 shares of the information services provider's stock worth $703,000 after buying an additional 2,600 shares in the last quarter. Institutional investors own 63.08% of the company's stock.

Autohome Price Performance

Shares of ATHM opened at $25.12 on Friday. Autohome Inc. has a 1-year low of $21.89 and a 1-year high of $34.70. The company has a market capitalization of $3.01 billion, a P/E ratio of 13.58 and a beta of 0.02. The firm's 50 day simple moving average is $27.55 and its 200 day simple moving average is $27.67.

Autohome (NYSE:ATHM - Get Free Report) last announced its earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.01. The company had revenue of $244.33 million during the quarter, compared to analyst estimates of $243.26 million. Autohome had a net margin of 23.02% and a return on equity of 7.79%. On average, equities analysts anticipate that Autohome Inc. will post 1.84 earnings per share for the current year.

Wall Street Analyst Weigh In

ATHM has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised shares of Autohome from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $24.00 to $36.00 in a report on Wednesday, March 12th. StockNews.com cut shares of Autohome from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $32.00.

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.

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