AQR Capital Management LLC Has $30.21 Million Stock Position in Autohome Inc. (NYSE:ATHM)

AQR Capital Management LLC cut its position in Autohome Inc. (NYSE:ATHM - Free Report) by 31.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,164,303 shares of the information services provider's stock after selling 536,626 shares during the period. AQR Capital Management LLC owned about 0.96% of Autohome worth $30,214,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Northern Trust Corp raised its stake in 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 buying an additional 161,210 shares during the period. SIH Partners LLLP increased 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 acquiring an additional 2,600 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of Autohome by 3.3% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 461,899 shares of the information services provider's stock worth $11,986,000 after purchasing an additional 14,885 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Autohome in the 4th quarter valued at approximately $1,671,000. Finally, Walleye Capital LLC bought a new stake in Autohome during the 4th quarter worth approximately $231,000. 63.08% of the stock is owned by institutional investors.

Autohome Trading Down 0.6 %

Shares of NYSE ATHM traded down $0.16 during midday trading on Friday, reaching $25.26. The company's stock had a trading volume of 160,363 shares, compared to its average volume of 516,761. Autohome Inc. has a fifty-two week low of $21.89 and a fifty-two week high of $34.70. The stock has a 50 day simple moving average of $27.64 and a 200-day simple moving average of $27.71. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 13.65 and a beta of 0.02.

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

Analyst Ratings Changes

ATHM has been the subject of several research analyst reports. StockNews.com cut shares of Autohome from a "buy" rating to a "hold" rating in a report on Friday, February 28th. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $24.00 to $36.00 in a report on Wednesday, March 12th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $32.00.

Autohome Company 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.