18,543 Shares in Autohome Inc. $ATHM Purchased by OLD Mission Capital LLC

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 position in Autohome Inc. (NYSE:ATHM - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,543 shares of the information services provider's stock, valued at approximately $514,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Northern Trust Corp boosted its position in Autohome by 86.5% during the fourth quarter. Northern Trust Corp now owns 347,500 shares of the information services provider's stock valued at $9,018,000 after buying an additional 161,210 shares during the period. Jane Street Group LLC boosted its holdings in Autohome by 150.5% during the 4th quarter. Jane Street Group LLC now owns 60,237 shares of the information services provider's stock valued at $1,563,000 after acquiring an additional 36,193 shares during the period. BNP Paribas Financial Markets grew its position in Autohome by 34.0% during the 4th quarter. BNP Paribas Financial Markets now owns 350,557 shares of the information services provider's stock worth $9,097,000 after acquiring an additional 88,993 shares during the last quarter. KEYWISE CAPITAL MANAGEMENT HK Ltd purchased a new position in Autohome in the 4th quarter worth approximately $913,000. Finally, Nuveen Asset Management LLC lifted its position in Autohome by 1.0% in the fourth quarter. Nuveen Asset Management LLC now owns 126,612 shares of the information services provider's stock valued at $3,286,000 after purchasing an additional 1,198 shares during the last quarter. Institutional investors own 63.08% of the company's stock.

Autohome Price Performance

ATHM stock traded up $0.03 during trading on Friday, reaching $28.64. The company had a trading volume of 145,626 shares, compared to its average volume of 270,631. Autohome Inc. has a 52 week low of $23.39 and a 52 week high of $34.70. The business has a 50 day moving average of $27.88 and a 200 day moving average of $27.26. The company has a market cap of $3.43 billion, a P/E ratio of 16.85 and a beta of 0.01.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Autohome from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently 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.