AQR Capital Management LLC Sells 99,876 Shares of Autohome Inc. $ATHM

AQR Capital Management LLC reduced its position in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 8.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,064,427 shares of the information services provider's stock after selling 99,876 shares during the quarter. AQR Capital Management LLC owned 0.89% of Autohome worth $29,506,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Invesco Ltd. increased its holdings in Autohome by 4.4% in the 1st quarter. Invesco Ltd. now owns 6,672,325 shares of the information services provider's stock worth $184,957,000 after buying an additional 284,057 shares in the last quarter. Krane Funds Advisors LLC grew 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 valued at $97,585,000 after purchasing an additional 667,669 shares during the period. Vanguard Group Inc. grew its position in Autohome by 4.5% during the first quarter. Vanguard Group Inc. now owns 2,587,172 shares of the information services provider's stock valued at $71,716,000 after buying an additional 111,914 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Autohome by 33.8% during the first quarter. Robeco Institutional Asset Management B.V. now owns 2,299,013 shares of the information services provider's stock valued at $63,729,000 after purchasing an additional 580,252 shares during the period. Finally, Polunin Capital Partners Ltd grew its holdings in Autohome by 14.9% during the first quarter. Polunin Capital Partners Ltd now owns 1,192,015 shares of the information services provider's stock valued at $33,043,000 after purchasing an additional 154,194 shares during the period. 63.08% of the stock is currently owned by institutional investors.

Autohome Stock Down 1.0%

Autohome stock traded down $0.31 during midday trading on Friday, reaching $29.21. 41,875 shares of the stock traded hands, compared to its average volume of 409,329. The stock's fifty day moving average is $28.10 and its 200-day moving average is $27.24. Autohome Inc. has a 12 month low of $23.39 and a 12 month high of $34.70. The stock has a market cap of $3.50 billion, a P/E ratio of 17.18 and a beta of 0.01.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Autohome from a "hold" rating to a "buy" rating in a research note on Tuesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Autohome has an average rating of "Moderate Buy" and a consensus price target of $36.00.

Autohome 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.