Autohome Inc. (NYSE:ATHM) Stock Holdings Trimmed by Lazard Asset Management LLC

Lazard Asset Management LLC decreased its position in Autohome Inc. (NYSE:ATHM - Free Report) by 81.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 346,418 shares of the information services provider's stock after selling 1,486,635 shares during the quarter. Lazard Asset Management LLC owned 0.29% of Autohome worth $8,989,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Vontobel Holding Ltd. grew its position in shares of Autohome by 27.4% in the 4th quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock worth $222,000 after acquiring an additional 1,841 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of Autohome in the 4th quarter worth approximately $231,000. Headlands Technologies LLC grew its position in shares of Autohome by 1,135.5% in the 4th quarter. Headlands Technologies LLC now owns 9,872 shares of the information services provider's stock worth $256,000 after acquiring an additional 9,073 shares in the last quarter. Asset Management One Co. Ltd. grew its position in shares of 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 worth $261,000 after acquiring an additional 2,652 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Autohome in the 4th quarter worth approximately $269,000. Institutional investors and hedge funds own 63.08% of the company's stock.

Autohome Price Performance

Shares of NYSE ATHM traded down $0.32 during mid-day trading on Tuesday, hitting $24.83. The company had a trading volume of 38,596 shares, compared to its average volume of 517,908. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 13.45 and a beta of 0.02. Autohome Inc. has a 12 month low of $21.89 and a 12 month high of $34.70. The firm's 50 day simple moving average is $27.00 and its two-hundred day simple moving average is $27.53.

Autohome (NYSE:ATHM - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.01. The business had revenue of $244.33 million for 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 forecast that Autohome Inc. will post 1.84 earnings per share for the current year.

Analysts Set New Price Targets

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

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.