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

AQR Capital Management LLC decreased its holdings in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 8.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,064,427 shares of the information services provider's stock after selling 99,876 shares during the period. AQR Capital Management LLC owned about 0.89% of Autohome worth $29,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Nuveen Asset Management LLC lifted its stake in shares of Autohome by 1.0% during the 4th quarter. Nuveen Asset Management LLC now owns 126,612 shares of the information services provider's stock valued at $3,286,000 after buying an additional 1,198 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Autohome by 1.7% during the 1st quarter. Bank of New York Mellon Corp now owns 71,083 shares of the information services provider's stock valued at $1,970,000 after buying an additional 1,198 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Autohome by 11.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 13,435 shares of the information services provider's stock valued at $372,000 after buying an additional 1,379 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of Autohome by 18.1% during the 1st quarter. Asset Management One Co. Ltd. now owns 11,509 shares of the information services provider's stock valued at $319,000 after buying an additional 1,767 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of Autohome by 2,671.8% during the 1st quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider's stock valued at $55,000 after buying an additional 1,897 shares in the last quarter. Institutional investors own 63.08% of the company's stock.

Autohome Trading Up 2.6%

Shares of NYSE:ATHM traded up $0.75 during mid-day trading on Tuesday, reaching $29.32. The stock had a trading volume of 282,822 shares, compared to its average volume of 260,589. The company has a market cap of $3.51 billion and a P/E ratio of 17.25. Autohome Inc. has a 1 year low of $23.39 and a 1 year high of $34.70. The business's 50 day moving average price is $27.99 and its 200 day moving average price is $27.23.

Analysts Set New Price Targets

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

Autohome Company 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.