KBC Group NV acquired a new position in shares of Autohome Inc. (NYSE:ATHM - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 78,409 shares of the information services provider's stock, valued at approximately $2,173,000. KBC Group NV owned about 0.07% of Autohome as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Autohome by 2,671.8% in the first quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider's stock worth $55,000 after purchasing an additional 1,897 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of Autohome in the 4th quarter valued at about $231,000. Headlands Technologies LLC grew its position in shares of Autohome by 1,135.5% in the 4th quarter. Headlands Technologies LLC now owns 9,872 shares of the information services provider's stock valued at $256,000 after buying an additional 9,073 shares during the last quarter. Quantinno Capital Management LP bought a new stake in Autohome in the fourth quarter valued at approximately $257,000. Finally, Quantbot Technologies LP bought a new stake in Autohome in the fourth quarter valued at approximately $269,000. 63.08% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
ATHM has been the topic of several analyst reports. Wall Street Zen upgraded Autohome from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. JPMorgan Chase & Co. raised shares of Autohome from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $24.00 to $36.00 in a research note on Wednesday, March 12th. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $32.00.
Check Out Our Latest Report on ATHM
Autohome Stock Performance
Shares of Autohome stock traded up $0.30 on Monday, reaching $26.58. 431,752 shares of the company's stock were exchanged, compared to its average volume of 493,861. The company has a market capitalization of $3.18 billion, a P/E ratio of 14.69 and a beta of 0.02. Autohome Inc. has a 52 week low of $21.89 and a 52 week high of $34.70. The firm's 50-day moving average is $25.71 and its two-hundred day moving average is $27.01.
Autohome Profile
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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.
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