Autohome Inc. (NYSE:ATHM) Shares Acquired by Invesco Ltd.

Invesco Ltd. increased its holdings in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 7.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,388,268 shares of the information services provider's stock after acquiring an additional 415,515 shares during the period. Invesco Ltd. owned about 5.27% of Autohome worth $165,776,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ATHM. State Street Corp increased its position in shares of Autohome by 2.0% during the third quarter. State Street Corp now owns 1,382,468 shares of the information services provider's stock worth $45,096,000 after acquiring an additional 27,501 shares during the period. Jane Street Group LLC bought a new stake in Autohome during the 3rd quarter valued at $784,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Autohome in the 3rd quarter worth $6,663,000. Geode Capital Management LLC grew its position in shares of Autohome by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 413,932 shares of the information services provider's stock worth $13,395,000 after buying an additional 13,944 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its stake in shares of Autohome by 16.7% during the third quarter. Sanctuary Advisors LLC now owns 15,488 shares of the information services provider's stock valued at $505,000 after buying an additional 2,221 shares during the period. Hedge funds and other institutional investors own 63.08% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on ATHM. StockNews.com downgraded shares of Autohome from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $24.00 to $36.00 in a report on Wednesday, March 12th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $32.00.

Autohome Trading Up 1.0 %

Shares of ATHM stock traded up $0.27 during trading hours on Friday, reaching $25.78. 650,567 shares of the company's stock were exchanged, compared to its average volume of 518,005. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 13.93 and a beta of 0.16. Autohome Inc. has a fifty-two week low of $21.89 and a fifty-two week high of $34.70. The stock's 50 day moving average is $28.33 and its 200-day moving average is $28.26.

Autohome (NYSE:ATHM - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.01. The business had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. Autohome had a return on equity of 7.79% and a net margin of 23.02%. Equities analysts anticipate that Autohome Inc. will post 1.84 EPS for the current year.

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.