Shares of Autohome Inc. (NYSE:ATHM - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $25.74 and traded as high as $27.93. Autohome shares last traded at $27.91, with a volume of 214,582 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised shares of Autohome from a "hold" rating to a "buy" rating in a research report on Tuesday, May 20th. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Autohome has a consensus rating of "Moderate Buy" and an average target price of $32.00.
Get Our Latest Stock Report on ATHM
Autohome Stock Up 0.9%
The stock has a fifty day moving average of $25.85 and a 200-day moving average of $27.06. The firm has a market capitalization of $3.35 billion, a P/E ratio of 15.45 and a beta of 0.02.
Institutional Trading of Autohome
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. grew its position in shares of Autohome by 4.4% in the 1st quarter. Invesco Ltd. now owns 6,672,325 shares of the information services provider's stock valued at $184,957,000 after purchasing an additional 284,057 shares during the period. Krane Funds Advisors LLC raised its stake in shares of Autohome by 23.4% during the 1st quarter. Krane Funds Advisors LLC now owns 3,520,385 shares of the information services provider's stock worth $97,585,000 after purchasing an additional 667,669 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Autohome by 4.5% during the 1st quarter. Vanguard Group Inc. now owns 2,587,172 shares of the information services provider's stock worth $71,716,000 after purchasing an additional 111,914 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of Autohome by 33.8% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 2,299,013 shares of the information services provider's stock worth $63,729,000 after purchasing an additional 580,252 shares in the last quarter. Finally, Polunin Capital Partners Ltd increased its holdings in shares of Autohome by 14.9% during the 1st quarter. Polunin Capital Partners Ltd now owns 1,192,015 shares of the information services provider's stock worth $33,043,000 after acquiring an additional 154,194 shares during the last quarter. 63.08% of the stock is currently owned by institutional investors and hedge funds.
About Autohome
(
Get Free Report)
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.
Featured Articles
Before you consider Autohome, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Autohome wasn't on the list.
While Autohome currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
