Polunin Capital Partners Ltd Boosts Stock Position in Autohome Inc. (NYSE:ATHM)

Polunin Capital Partners Ltd boosted its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 14.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,192,015 shares of the information services provider's stock after purchasing an additional 154,194 shares during the quarter. Autohome makes up 5.6% of Polunin Capital Partners Ltd's investment portfolio, making the stock its 6th biggest holding. Polunin Capital Partners Ltd owned approximately 0.98% of Autohome worth $33,043,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Invesco Ltd. increased its holdings in shares of Autohome by 7.0% in the 4th quarter. Invesco Ltd. now owns 6,388,268 shares of the information services provider's stock valued at $165,776,000 after acquiring an additional 415,515 shares during the last quarter. Krane Funds Advisors LLC increased its holdings in shares of Autohome by 7.2% in the 4th quarter. Krane Funds Advisors LLC now owns 2,852,716 shares of the information services provider's stock valued at $74,028,000 after acquiring an additional 191,845 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Autohome by 5.6% in the 4th quarter. Vanguard Group Inc. now owns 2,475,258 shares of the information services provider's stock valued at $64,233,000 after acquiring an additional 130,983 shares during the last quarter. North of South Capital LLP increased its holdings in shares of Autohome by 16.3% in the 4th quarter. North of South Capital LLP now owns 1,965,350 shares of the information services provider's stock valued at $51,001,000 after acquiring an additional 274,974 shares during the last quarter. Finally, Schroder Investment Management Group increased its holdings in shares of Autohome by 4.3% in the 4th quarter. Schroder Investment Management Group now owns 899,860 shares of the information services provider's stock valued at $23,351,000 after acquiring an additional 36,703 shares during the last quarter. Hedge funds and other institutional investors own 63.08% of the company's stock.

Autohome Price Performance

ATHM traded up $0.43 on Thursday, reaching $25.03. The company's stock had a trading volume of 104,134 shares, compared to its average volume of 513,689. The business's 50 day moving average is $25.95 and its 200 day moving average is $27.29. Autohome Inc. has a 1 year low of $21.89 and a 1 year high of $34.70. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 13.53 and a beta of 0.02.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wall Street Zen upgraded Autohome from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $24.00 to $36.00 in a report 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 company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $32.00.

About Autohome

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.