Autohome Inc. (NYSE:ATHM) Shares Acquired by California State Teachers Retirement System

California State Teachers Retirement System raised its holdings in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 4,293.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,989 shares of the information services provider's stock after purchasing an additional 23,443 shares during the quarter. California State Teachers Retirement System's holdings in Autohome were worth $623,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vontobel Holding Ltd. lifted its position in shares of Autohome by 27.4% during the fourth 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 purchased a new position in shares of Autohome during the fourth quarter valued at $231,000. Asset Management One Co. Ltd. increased its stake in shares of Autohome by 37.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider's stock valued at $261,000 after buying an additional 2,652 shares during the period. Headlands Technologies LLC increased its stake in shares of Autohome by 1,135.5% during the fourth 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 period. Finally, Quantinno Capital Management LP purchased a new position in shares of Autohome during the fourth quarter valued at $257,000. 63.08% of the stock is currently owned by institutional investors.

Autohome Stock Performance

ATHM traded down $0.47 on Friday, hitting $25.45. The company had a trading volume of 498,905 shares, compared to its average volume of 509,510. The stock has a fifty day moving average price of $25.85 and a 200-day moving average price of $27.20. Autohome Inc. has a 12-month low of $21.89 and a 12-month high of $34.70. The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 13.76 and a beta of 0.02.

Wall Street Analyst Weigh In

ATHM has been the topic of several research reports. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and raised their price target for the company from $24.00 to $36.00 in a research note on Wednesday, March 12th. Wall Street Zen upgraded Autohome from a "hold" rating to a "buy" rating in a research note on Tuesday, May 20th. Four 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 MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $32.00.

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.