Schroder Investment Management Group Has $37.24 Million Position in Autohome Inc. $ATHM

Key Points

• Schroder Investment Management Group raised its stake in Autohome by 7.3% in Q3 to 1,304,270 shares — about 1.12% of the company — valued at roughly $37.24 million.
• Other institutions also boosted holdings (notably Dimensional Fund Advisors +117.4% and APG +170%), leaving institutions and hedge funds with about 63.08% ownership of Autohome.
• Wall Street sentiment is weak: the MarketBeat consensus is a Reduce rating with a $28.00 target, while ATHM trades near $19.27 (12‑month range $17.87–$31.50), market cap ~$2.25B and P/E 11.75.

Schroder Investment Management Group grew its position in Autohome Inc. (NYSE:ATHM - Free Report) by 7.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,304,270 shares of the information services provider's stock after acquiring an additional 89,057 shares during the period. Schroder Investment Management Group owned about 1.12% of Autohome worth $37,237,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Parallel Advisors LLC raised its holdings in shares of Autohome by 30.5% in the 3rd quarter. Parallel Advisors LLC now owns 2,886 shares of the information services provider's stock valued at $82,000 after purchasing an additional 674 shares during the period. Korea Investment CORP bought a new position in Autohome during the third quarter worth about $126,000. Barclays PLC grew its holdings in Autohome by 1.2% during the third quarter. Barclays PLC now owns 67,558 shares of the information services provider's stock worth $1,929,000 after purchasing an additional 789 shares during the period. Dimensional Fund Advisors LP increased its position in Autohome by 117.4% during the third quarter. Dimensional Fund Advisors LP now owns 224,447 shares of the information services provider's stock worth $6,410,000 after buying an additional 121,211 shares during the last quarter. Finally, APG Asset Management N.V. increased its position in Autohome by 170.0% during the third quarter. APG Asset Management N.V. now owns 37,479 shares of the information services provider's stock worth $1,070,000 after buying an additional 23,600 shares during the last quarter. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ATHM has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Autohome in a research report on Monday, December 29th. Benchmark reaffirmed a "hold" rating on shares of Autohome in a report on Tuesday, February 24th. Finally, Zacks Research cut shares of Autohome from a "hold" rating to a "strong sell" rating in a research report on Friday, February 13th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of $28.00.

Autohome Stock Down 1.9%

Shares of ATHM stock opened at $19.27 on Thursday. Autohome Inc. has a 12-month low of $17.87 and a 12-month high of $31.50. The company has a market capitalization of $2.25 billion, a PE ratio of 11.75 and a beta of 0.12. The firm has a 50 day moving average price of $21.39 and a two-hundred day moving average price of $24.48.

About Autohome

Autohome Inc NYSE: ATHM operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.

In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.

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