Barrow Hanley Mewhinney & Strauss LLC Trims Holdings in Autohome Inc. (NYSE:ATHM)

Barrow Hanley Mewhinney & Strauss LLC lessened its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 15.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,066,493 shares of the information services provider's stock after selling 192,425 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 0.88% of Autohome worth $27,675,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Autohome by 3.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 566,589 shares of the information services provider's stock worth $14,703,000 after purchasing an additional 20,284 shares during the period. Quantinno Capital Management LP bought a new position in Autohome in the fourth quarter worth about $257,000. Man Group plc purchased a new stake in shares of Autohome during the fourth quarter valued at about $1,869,000. Nuveen Asset Management LLC boosted its holdings in shares of Autohome by 1.0% in 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. Finally, KEYWISE CAPITAL MANAGEMENT HK Ltd purchased a new position in shares of Autohome in the 4th quarter worth approximately $913,000. 63.08% of the stock is owned by institutional investors.

Autohome Stock Down 0.3%

Shares of Autohome stock traded down $0.07 during midday trading on Wednesday, hitting $24.66. The company had a trading volume of 95,416 shares, compared to its average volume of 517,212. The company has a fifty day simple moving average of $26.35 and a 200 day simple moving average of $27.39. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 13.33 and a beta of 0.02. Autohome Inc. has a 12-month low of $21.89 and a 12-month high of $34.70.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. raised shares of Autohome from a "neutral" rating to an "overweight" rating and increased their target price for the company from $24.00 to $36.00 in a research report on Wednesday, March 12th. Wall Street Zen upgraded Autohome from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus 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.