Barrow Hanley Mewhinney & Strauss LLC Reduces Position in Autohome Inc. (NYSE:ATHM)

Barrow Hanley Mewhinney & Strauss LLC decreased its holdings in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 15.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,066,493 shares of the information services provider's stock after selling 192,425 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 0.88% of Autohome worth $27,675,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Vontobel Holding Ltd. grew its holdings 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 buying an additional 1,841 shares in the last quarter. Walleye Capital LLC purchased a new stake in shares of Autohome during the fourth quarter worth $231,000. Asset Management One Co. Ltd. grew its holdings 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 worth $261,000 after buying an additional 2,652 shares in the last quarter. Headlands Technologies LLC grew its holdings 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 worth $256,000 after buying an additional 9,073 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in shares of Autohome during the fourth quarter worth $257,000. Hedge funds and other institutional investors own 63.08% of the company's stock.

Autohome Trading Up 0.5%

Shares of ATHM opened at $24.84 on Friday. Autohome Inc. has a 12-month low of $21.89 and a 12-month high of $34.70. The firm has a 50-day moving average price of $26.67 and a 200 day moving average price of $27.47. The firm has a market capitalization of $2.98 billion, a P/E ratio of 13.43 and a beta of 0.02.

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

Wall Street Analyst Weigh In

ATHM has been the subject of a number of research reports. Wall Street Zen raised shares of Autohome from a "hold" rating to a "buy" rating in a report on Tuesday. JPMorgan Chase & Co. raised shares of Autohome from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $24.00 to $36.00 in a report on Wednesday, March 12th. Four investment 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 data from MarketBeat.com, the stock has a consensus 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.

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