Kayne Anderson Rudnick Investment Management LLC Purchases 14,885 Shares of Autohome Inc. (NYSE:ATHM)

Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 461,899 shares of the information services provider's stock after purchasing an additional 14,885 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC owned 0.38% of Autohome worth $11,986,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of ATHM. Vontobel Holding Ltd. raised its position in shares of Autohome by 27.4% during the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock worth $222,000 after purchasing an additional 1,841 shares during the period. Walleye Capital LLC acquired a new position in shares of Autohome during the fourth quarter worth approximately $231,000. Headlands Technologies LLC raised its position in Autohome by 1,135.5% in the 4th quarter. Headlands Technologies LLC now owns 9,872 shares of the information services provider's stock valued at $256,000 after buying an additional 9,073 shares during the last quarter. Asset Management One Co. Ltd. raised its position in Autohome by 37.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider's stock valued at $261,000 after buying an additional 2,652 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in Autohome in the 4th quarter valued at $269,000. 63.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Autohome Stock Performance

NYSE:ATHM traded down $0.30 during trading on Friday, reaching $27.75. The company's stock had a trading volume of 345,834 shares, compared to its average volume of 519,714. The firm has a market cap of $3.33 billion, a price-to-earnings ratio of 15.00 and a beta of 0.16. The firm has a 50 day moving average of $28.07 and a 200-day moving average of $27.93. Autohome Inc. has a 12 month low of $21.89 and a 12 month high of $34.70.

Autohome (NYSE:ATHM - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. The firm 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 research analysts forecast that Autohome Inc. will post 1.84 earnings per share for the current fiscal year.

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.