Autohome Inc. (NYSE:ATHM) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd grew its holdings in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 60.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,079 shares of the information services provider's stock after purchasing an additional 15,031 shares during the quarter. XTX Topco Ltd's holdings in Autohome were worth $1,040,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Jane Street Group LLC purchased a new position in Autohome in the 3rd quarter worth approximately $784,000. Vontobel Holding Ltd. raised its holdings in shares of Autohome by 27.4% during 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 during the period. JPMorgan Chase & Co. boosted its position in shares of Autohome by 78.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 154,988 shares of the information services provider's stock valued at $5,056,000 after acquiring an additional 67,957 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Autohome by 15.1% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 108,173 shares of the information services provider's stock worth $2,807,000 after purchasing an additional 14,200 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of Autohome by 140.5% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,718,761 shares of the information services provider's stock valued at $44,602,000 after buying an additional 1,004,043 shares during the period. 63.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Autohome Stock Up 2.6 %

NYSE ATHM traded up $0.67 during trading on Monday, hitting $26.49. The stock had a trading volume of 73,555 shares, compared to its average volume of 518,079. The company has a market capitalization of $3.21 billion, a PE ratio of 14.32 and a beta of 0.16. Autohome Inc. has a twelve month low of $21.89 and a twelve month high of $34.70. The firm has a 50 day moving average price of $28.29 and a 200 day moving average price of $28.12.

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