Autohome Inc. (NYSE:ATHM) Shares Sold by Deutsche Bank AG

Deutsche Bank AG reduced its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 7.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,244 shares of the information services provider's stock after selling 10,327 shares during the quarter. Deutsche Bank AG owned approximately 0.10% of Autohome worth $3,146,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. grew its holdings in Autohome by 140.5% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,718,761 shares of the information services provider's stock worth $44,602,000 after purchasing an additional 1,004,043 shares during the last quarter. Norges Bank acquired a new stake in shares of Autohome in the 4th quarter worth $12,195,000. Invesco Ltd. grew its stake in Autohome by 7.0% during the 4th quarter. Invesco Ltd. now owns 6,388,268 shares of the information services provider's stock worth $165,776,000 after buying an additional 415,515 shares during the last quarter. North of South Capital LLP increased its position in Autohome by 16.3% during 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 buying an additional 274,974 shares in the last quarter. Finally, Krane Funds Advisors LLC raised its stake in Autohome by 7.2% in the fourth quarter. Krane Funds Advisors LLC now owns 2,852,716 shares of the information services provider's stock valued at $74,028,000 after buying an additional 191,845 shares during the last quarter. Institutional investors own 63.08% of the company's stock.

Autohome Price Performance

ATHM traded down $0.06 during trading on Monday, reaching $24.81. 228,251 shares of the company's stock were exchanged, compared to its average volume of 519,114. Autohome Inc. has a 1 year low of $21.89 and a 1 year high of $34.70. The company's fifty day simple moving average is $26.44 and its 200-day simple moving average is $27.41. The stock has a market capitalization of $2.97 billion, a P/E ratio of 13.41 and a beta of 0.02.

Autohome (NYSE:ATHM - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.01. The firm had revenue of $244.33 million for the quarter, compared to analyst estimates of $243.26 million. Autohome had a net margin of 23.02% and a return on equity of 7.79%. Equities analysts forecast that Autohome Inc. will post 1.84 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. raised shares of 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 research report on Wednesday, March 12th. Wall Street Zen upgraded shares of 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 assigned a strong buy rating to the stock. According to MarketBeat.com, Autohome currently has an average rating of "Moderate Buy" and an average target price of $32.00.

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.