Goldman Sachs Group Inc. increased its holdings in Autohome Inc. (NYSE:ATHM – Free Report) by 22.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 870,377 shares of the information services provider’s stock after acquiring an additional 160,945 shares during the quarter. Goldman Sachs Group Inc. owned about 0.69% of Autohome worth $24,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors also recently bought and sold shares of the business. Parallel Advisors LLC raised its stake in Autohome by 99.4% during the fourth quarter. Parallel Advisors LLC now owns 1,318 shares of the information services provider’s stock valued at $37,000 after buying an additional 657 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Autohome by 98.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,468 shares of the information services provider’s stock worth $75,000 after purchasing an additional 1,226 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in Autohome by 36.8% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 4,998 shares of the information services provider’s stock worth $152,000 after purchasing an additional 1,345 shares in the last quarter. Van ECK Associates Corp grew its position in Autohome by 19.4% during the 4th quarter. Van ECK Associates Corp now owns 5,124 shares of the information services provider’s stock valued at $144,000 after purchasing an additional 831 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new stake in Autohome during the 4th quarter valued at about $220,000. 63.08% of the stock is owned by hedge funds and other institutional investors.
Autohome Trading Up 4.2 %
Shares of NYSE ATHM opened at $27.45 on Tuesday. The firm’s 50 day moving average price is $27.24 and its 200-day moving average price is $26.67. Autohome Inc. has a 52-week low of $23.81 and a 52-week high of $34.10.
Autohome Dividend Announcement
The firm also recently disclosed a Variable dividend, which will be paid on Wednesday, August 21st. Investors of record on Wednesday, July 10th will be issued a $0.57 dividend. The ex-dividend date is Wednesday, July 10th. This represents a yield of 6.1%. Autohome’s payout ratio is 53.55%.
Autohome Company 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.
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