OLD Mission Capital LLC Makes New Investment in Autohome Inc. $ATHM

Key Points

• OLD Mission Capital LLC invested approximately $514,000 in Autohome Inc., acquiring 18,543 shares in the 1st quarter.
• Autohome Inc. has received a buy rating upgrade from Wall Street Zen, with an average price target of $36.00.
• As of the latest trading session, Autohome shares are priced around $28.74, showing a 0.5% decline with a market cap of $3.44 billion.

OLD Mission Capital LLC acquired a new stake in Autohome Inc. (NYSE:ATHM - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 18,543 shares of the information services provider's stock, valued at approximately $514,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Quantinno Capital Management LP acquired a new position in shares of Autohome in the 4th quarter valued at approximately $257,000. California State Teachers Retirement System lifted its stake in Autohome by 4,293.6% in the 4th quarter. California State Teachers Retirement System now owns 23,989 shares of the information services provider's stock valued at $623,000 after acquiring an additional 23,443 shares in the last quarter. Northern Trust Corp lifted its stake in Autohome by 86.5% in the 4th quarter. Northern Trust Corp now owns 347,500 shares of the information services provider's stock valued at $9,018,000 after acquiring an additional 161,210 shares in the last quarter. GAMMA Investing LLC lifted its stake in Autohome by 2,671.8% in the 1st quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider's stock valued at $55,000 after acquiring an additional 1,897 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its stake in Autohome by 26.4% in the 1st quarter. Vontobel Holding Ltd. now owns 10,828 shares of the information services provider's stock valued at $300,000 after acquiring an additional 2,264 shares in the last quarter. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Autohome Stock Down 0.2%

Shares of ATHM stock traded down $0.05 during trading on Monday, reaching $28.56. 24,489 shares of the company's stock were exchanged, compared to its average volume of 413,314. The stock has a market capitalization of $3.42 billion and a PE ratio of 16.82. Autohome Inc. has a twelve month low of $23.39 and a twelve month high of $34.70. The firm's fifty day moving average price is $27.88 and its 200-day moving average price is $27.22.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Autohome from a "hold" rating to a "buy" rating in a research note on Tuesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $36.00.

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.