Autohome Inc. (NYSE:ATHM) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Autohome Inc. (NYSE:ATHM - Get Free Report) have been given a consensus rating of "Moderate Buy" by the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Four equities research 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. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $32.00.

Several research analysts have commented on the stock. Wall Street Zen upgraded shares of Autohome from a "hold" rating to a "buy" rating in a research report on Tuesday, May 20th. JPMorgan Chase & Co. raised Autohome from a "neutral" rating to an "overweight" rating and raised their price target for the company from $24.00 to $36.00 in a report on Wednesday, March 12th.

Autohome Price Performance

NYSE:ATHM opened at $25.84 on Tuesday. Autohome has a 12-month low of $21.89 and a 12-month high of $34.70. The firm has a market capitalization of $3.10 billion and a P/E ratio of 14.28. The business has a 50 day simple moving average of $25.85 and a 200 day simple moving average of $27.01.

Institutional Investors Weigh In On Autohome

Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in Autohome by 3.1% in the 4th quarter. JPMorgan Chase & Co. now owns 159,800 shares of the information services provider's stock valued at $4,147,000 after acquiring an additional 4,812 shares during the last quarter. Quantinno Capital Management LP acquired a new stake in Autohome in the 4th quarter valued at about $257,000. California State Teachers Retirement System boosted its stake in shares of Autohome by 4,293.6% during the 4th quarter. California State Teachers Retirement System now owns 23,989 shares of the information services provider's stock worth $623,000 after acquiring an additional 23,443 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Autohome by 86.5% during the 4th quarter. Northern Trust Corp now owns 347,500 shares of the information services provider's stock worth $9,018,000 after acquiring an additional 161,210 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Autohome by 2,671.8% during the 1st quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider's stock worth $55,000 after acquiring an additional 1,897 shares in the last quarter. 63.08% of the stock is owned by institutional investors and hedge funds.

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.

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