Cerity Partners LLC Buys New Stake in Autohome Inc. (NYSE:ATHM)

Cerity Partners LLC purchased a new stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 32,894 shares of the information services provider's stock, valued at approximately $912,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. GAMMA Investing LLC increased its stake in Autohome by 2,671.8% during the first quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider's stock worth $55,000 after acquiring an additional 1,897 shares during the last quarter. Walleye Capital LLC bought a new stake in Autohome during the fourth quarter worth approximately $231,000. Headlands Technologies LLC boosted its position 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. Quantinno Capital Management LP bought a new position in shares of Autohome during the fourth quarter valued at approximately $257,000. Finally, Quantbot Technologies LP bought a new position in shares of Autohome during the fourth quarter valued at approximately $269,000. 63.08% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Autohome from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $36.00.

Autohome Trading Down 0.3%

ATHM traded down $0.08 during midday trading on Friday, hitting $28.13. 101,470 shares of the company were exchanged, compared to its average volume of 222,861. The company's 50 day simple moving average is $26.05 and its 200 day simple moving average is $27.13. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 15.54 and a beta of 0.02. Autohome Inc. has a 1-year low of $21.89 and a 1-year high of $34.70.

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.