North of South Capital LLP Decreases Stock Holdings in Autohome Inc. (NYSE:ATHM)

North of South Capital LLP lessened its position in Autohome Inc. (NYSE:ATHM - Free Report) by 0.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,954,958 shares of the information services provider's stock after selling 10,392 shares during the period. Autohome comprises about 6.1% of North of South Capital LLP's portfolio, making the stock its 7th largest holding. North of South Capital LLP owned 1.63% of Autohome worth $54,191,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of ATHM. GAMMA Investing LLC lifted its holdings in Autohome by 2,671.8% during the 1st quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider's stock valued at $55,000 after purchasing an additional 1,897 shares during the last quarter. Walleye Capital LLC bought a new position in shares of Autohome in the fourth quarter valued at about $231,000. Headlands Technologies LLC raised its position in shares of Autohome by 1,135.5% in the fourth quarter. Headlands Technologies LLC now owns 9,872 shares of the information services provider's stock valued at $256,000 after purchasing an additional 9,073 shares during the period. Quantinno Capital Management LP acquired a new stake in shares of Autohome during the 4th quarter worth about $257,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Autohome during the 4th quarter worth about $269,000. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Autohome Stock Down 0.6%

Shares of ATHM traded down $0.17 during midday trading on Friday, reaching $26.28. 121,870 shares of the stock were exchanged, compared to its average volume of 494,110. The stock's 50 day simple moving average is $25.74 and its 200 day simple moving average is $27.00. The company has a market cap of $3.15 billion, a P/E ratio of 14.52 and a beta of 0.02. Autohome Inc. has a twelve month low of $21.89 and a twelve month 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.