Autohome Inc. (NYSE:ATHM) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its stake in Autohome Inc. (NYSE:ATHM - Free Report) by 33.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,299,013 shares of the information services provider's stock after acquiring an additional 580,252 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 1.90% of Autohome worth $63,729,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC increased its position 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 worth $55,000 after purchasing an additional 1,897 shares in the last quarter. Walleye Capital LLC purchased a new stake in shares of Autohome during the fourth quarter worth about $231,000. 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. Quantinno Capital Management LP acquired a new position in shares of Autohome in the fourth quarter valued at approximately $257,000. Finally, Quantbot Technologies LP acquired a new position in shares of Autohome in the fourth quarter valued at approximately $269,000. 63.08% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ATHM has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Autohome from a "hold" rating to a "buy" rating in a research report on Tuesday, May 20th. JPMorgan Chase & Co. raised Autohome from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $32.00.

Autohome Trading Up 0.2%

ATHM traded up $0.05 during midday trading on Friday, hitting $25.88. The company's stock had a trading volume of 205,268 shares, compared to its average volume of 496,347. Autohome Inc. has a 52-week low of $21.89 and a 52-week high of $34.70. The firm has a 50-day moving average price of $25.88 and a two-hundred day moving average price of $27.06. The firm has a market cap of $3.10 billion and a P/E ratio of 14.30.

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.