SG Americas Securities LLC Sells 5,156 Shares of Autohome Inc. (NYSE:ATHM)

SG Americas Securities LLC decreased its holdings in Autohome Inc. (NYSE:ATHM) by 18.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,294 shares of the information services provider’s stock after selling 5,156 shares during the period. SG Americas Securities LLC’s holdings in Autohome were worth $604,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. M&G PLC raised its position in Autohome by 9.6% during the third quarter. M&G PLC now owns 3,384,865 shares of the information services provider’s stock valued at $111,701,000 after purchasing an additional 296,107 shares during the period. State Street Corp raised its holdings in Autohome by 2.0% during the 3rd quarter. State Street Corp now owns 1,382,468 shares of the information services provider’s stock valued at $45,096,000 after buying an additional 27,501 shares during the period. Assenagon Asset Management S.A. lifted its position in Autohome by 106.2% in the third quarter. Assenagon Asset Management S.A. now owns 683,144 shares of the information services provider’s stock worth $22,284,000 after buying an additional 351,789 shares during the last quarter. Geode Capital Management LLC boosted its stake in Autohome by 3.5% during the third 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 during the period. Finally, BNP Paribas Financial Markets boosted its stake in Autohome by 8.3% during the third quarter. BNP Paribas Financial Markets now owns 261,564 shares of the information services provider’s stock worth $8,532,000 after buying an additional 19,983 shares during the period. Hedge funds and other institutional investors own 63.08% of the company’s stock.

Autohome Trading Up 3.1 %

NYSE ATHM opened at $29.29 on Friday. The stock has a market cap of $3.55 billion, a PE ratio of 14.57 and a beta of 0.18. Autohome Inc. has a 12 month low of $21.89 and a 12 month high of $34.70. The company’s 50-day moving average price is $27.02 and its 200-day moving average price is $27.30.

Autohome Increases Dividend

The business also recently announced a Variable dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, December 31st will be paid a $1.15 dividend. This is an increase from Autohome’s previous Variable dividend of $0.57. This represents a yield of 5.8%. The ex-dividend date is Tuesday, December 31st. Autohome’s dividend payout ratio is currently 83.58%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ATHM. Hsbc Global Res raised shares of Autohome to a “strong-buy” rating in a research note on Thursday, October 3rd. StockNews.com raised shares of Autohome from a “hold” rating to a “buy” rating in a research report on Thursday, January 16th. The Goldman Sachs Group upgraded Autohome to a “hold” rating in a research report on Wednesday, December 11th. Finally, CLSA downgraded Autohome from an “outperform” rating to a “hold” rating in a report on Thursday, October 24th. Four investment 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 data from MarketBeat, Autohome currently has an average rating of “Moderate Buy” and a consensus target price of $28.00.

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.