CANADA LIFE ASSURANCE Co Has $3.44 Million Stock Position in Autohome Inc. (NYSE:ATHM)

CANADA LIFE ASSURANCE Co decreased its holdings in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 10.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 132,954 shares of the information services provider's stock after selling 15,700 shares during the quarter. CANADA LIFE ASSURANCE Co owned about 0.11% of Autohome worth $3,443,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Robeco Institutional Asset Management B.V. increased its stake in Autohome by 140.5% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,718,761 shares of the information services provider's stock valued at $44,602,000 after purchasing an additional 1,004,043 shares in the last quarter. Norges Bank bought a new position in Autohome during the fourth quarter worth about $12,195,000. Invesco Ltd. grew its stake in Autohome by 7.0% in the fourth quarter. Invesco Ltd. now owns 6,388,268 shares of the information services provider's stock valued at $165,776,000 after acquiring an additional 415,515 shares during the period. North of South Capital LLP increased its holdings in shares of Autohome by 16.3% in the fourth quarter. North of South Capital LLP now owns 1,965,350 shares of the information services provider's stock worth $51,001,000 after acquiring an additional 274,974 shares in the last quarter. Finally, Krane Funds Advisors LLC raised its position in shares of Autohome by 7.2% during the fourth quarter. Krane Funds Advisors LLC now owns 2,852,716 shares of the information services provider's stock worth $74,028,000 after purchasing an additional 191,845 shares during the period. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ATHM shares. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $24.00 to $36.00 in a research 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 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. According to MarketBeat.com, Autohome has an average rating of "Hold" and an average price target of $32.00.

Autohome Price Performance

NYSE:ATHM traded down $0.14 during trading hours on Thursday, reaching $27.14. 43,947 shares of the stock were exchanged, compared to its average volume of 516,249. The stock has a market cap of $3.25 billion, a PE ratio of 14.68 and a beta of 0.16. Autohome Inc. has a twelve month low of $21.89 and a twelve month high of $34.70. The firm has a 50 day moving average of $27.91 and a 200 day moving average of $27.89.

Autohome (NYSE:ATHM - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.01. The business had revenue of $244.33 million for 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%. Equities research analysts anticipate that Autohome Inc. will post 1.84 earnings per share for the current year.

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.