UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 20,284 Shares of Autohome Inc. (NYSE:ATHM)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 566,589 shares of the information services provider's stock after buying an additional 20,284 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.47% of Autohome worth $14,703,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Invesco Ltd. grew its position in shares of Autohome by 7.0% during the 4th quarter. Invesco Ltd. now owns 6,388,268 shares of the information services provider's stock worth $165,776,000 after buying an additional 415,515 shares during the period. Krane Funds Advisors LLC boosted its position in shares of Autohome by 7.2% during the fourth quarter. Krane Funds Advisors LLC now owns 2,852,716 shares of the information services provider's stock worth $74,028,000 after purchasing an additional 191,845 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Autohome by 5.6% in the 4th quarter. Vanguard Group Inc. now owns 2,475,258 shares of the information services provider's stock valued at $64,233,000 after buying an additional 130,983 shares during the period. North of South Capital LLP increased its position in shares of Autohome by 16.3% in the 4th quarter. North of South Capital LLP now owns 1,965,350 shares of the information services provider's stock valued at $51,001,000 after buying an additional 274,974 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in Autohome by 140.5% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,718,761 shares of the information services provider's stock worth $44,602,000 after buying an additional 1,004,043 shares during the period. 63.08% of the stock is owned by institutional investors.

Autohome Stock Performance

ATHM traded up $0.09 during trading on Tuesday, reaching $24.80. 447,550 shares of the stock were exchanged, compared to its average volume of 515,322. The stock has a market cap of $2.97 billion, a P/E ratio of 13.40 and a beta of 0.02. Autohome Inc. has a twelve month low of $21.89 and a twelve month high of $34.70. The stock's 50 day moving average price is $26.01 and its two-hundred day moving average price is $27.30.

Analysts Set New Price Targets

A number of analysts have recently issued reports on ATHM shares. JPMorgan Chase & Co. upgraded shares of Autohome from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $24.00 to $36.00 in a report on Wednesday, March 12th. Wall Street Zen raised shares of Autohome from a "hold" rating to a "buy" rating in a research report on Tuesday, May 20th. 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 company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $32.00.

About Autohome

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.