Assenagon Asset Management S.A. acquired a new position in Autohome Inc. (NYSE:ATHM - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 200,156 shares of the information services provider's stock, valued at approximately $5,548,000. Assenagon Asset Management S.A. owned about 0.17% of Autohome at the end of the most recent quarter.
Several other large investors have also modified their holdings of the company. GAMMA Investing LLC lifted its position in Autohome by 2,671.8% during the 1st quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider's stock worth $55,000 after acquiring an additional 1,897 shares during the last quarter. Vontobel Holding Ltd. lifted its position in shares of Autohome by 27.4% during the 4th quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock worth $222,000 after purchasing an additional 1,841 shares during the last quarter. Walleye Capital LLC bought a new stake in Autohome during the 4th quarter valued at approximately $231,000. Headlands Technologies LLC grew its holdings in 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. Finally, Quantinno Capital Management LP acquired a new stake in Autohome in the 4th quarter valued at approximately $257,000. 63.08% of the stock is owned by institutional investors.
Autohome Stock Up 0.2%
Autohome stock traded up $0.06 during trading hours on Wednesday, hitting $25.76. The stock had a trading volume of 93,009 shares, compared to its average volume of 501,771. The company has a 50-day moving average of $25.90 and a two-hundred day moving average of $27.18. Autohome Inc. has a fifty-two week low of $21.89 and a fifty-two week high of $34.70. The company has a market cap of $3.09 billion and a PE ratio of 14.18.
Analyst Ratings Changes
A number of research analysts have recently commented on ATHM shares. Wall Street Zen upgraded Autohome from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. JPMorgan Chase & Co. upgraded shares of Autohome from a "neutral" rating to an "overweight" rating and upped their target price for the company from $24.00 to $36.00 in a research note on Wednesday, March 12th. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $32.00.
Check Out Our Latest Analysis on Autohome
Autohome Profile
(
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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