64,352 Shares in Autohome Inc. $ATHM Bought by Kepler Cheuvreux Suisse SA

Key Points

• Kepler Cheuvreux Suisse SA purchased 64,352 shares of Autohome (NYSE:ATHM) in Q3, a stake worth about $1.84 million and representing roughly 0.06% ownership.
• Analyst sentiment is weak: three analysts rate ATHM a Hold and one a Sell, producing an average rating of "Reduce" with an average target price of $28.00.
• Shares opened at $19.27, the company has a market cap of $2.25 billion and a trailing P/E of 11.75, and institutional investors hold about 63.08% of the stock.

Kepler Cheuvreux Suisse SA purchased a new stake in Autohome Inc. (NYSE:ATHM - Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 64,352 shares of the information services provider's stock, valued at approximately $1,837,000. Kepler Cheuvreux Suisse SA owned approximately 0.06% of Autohome at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Franklin Resources Inc. grew its position in shares of Autohome by 2.1% during the third quarter. Franklin Resources Inc. now owns 44,814 shares of the information services provider's stock worth $1,279,000 after buying an additional 940 shares in the last quarter. Quadrant Capital Group LLC acquired a new stake in Autohome in the third quarter valued at approximately $158,000. Van ECK Associates Corp raised its holdings in Autohome by 28.2% in the third quarter. Van ECK Associates Corp now owns 15,436 shares of the information services provider's stock valued at $441,000 after acquiring an additional 3,391 shares in the last quarter. Schroder Investment Management Group lifted its stake in Autohome by 7.3% in the third quarter. Schroder Investment Management Group now owns 1,304,270 shares of the information services provider's stock worth $37,237,000 after acquiring an additional 89,057 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in Autohome by 30.5% in the third quarter. Parallel Advisors LLC now owns 2,886 shares of the information services provider's stock worth $82,000 after acquiring an additional 674 shares during the last quarter. 63.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ATHM shares. Benchmark reissued a "hold" rating on shares of Autohome in a research report on Tuesday, February 24th. Zacks Research cut shares of Autohome from a "hold" rating to a "strong sell" rating in a research report on Friday, February 13th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Autohome in a research note on Monday, December 29th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Reduce" and an average target price of $28.00.

Autohome Stock Performance

Shares of ATHM stock opened at $19.27 on Thursday. The stock's 50-day moving average is $21.39 and its two-hundred day moving average is $24.48. Autohome Inc. has a 1 year low of $17.87 and a 1 year high of $31.50. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 11.75 and a beta of 0.12.

Autohome Profile

Autohome Inc NYSE: ATHM operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.

In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.

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