Vontobel Holding Ltd. Has $222,000 Holdings in Autohome Inc. (NYSE:ATHM)

Vontobel Holding Ltd. increased its holdings in Autohome Inc. (NYSE:ATHM) by 27.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,564 shares of the information services provider’s stock after buying an additional 1,841 shares during the period. Vontobel Holding Ltd.’s holdings in Autohome were worth $222,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. M&G PLC grew its holdings in shares of Autohome by 9.6% during the 3rd 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 last quarter. Robeco Institutional Asset Management B.V. lifted its position 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 worth $44,602,000 after purchasing an additional 1,004,043 shares during the period. State Street Corp lifted its position in shares of Autohome by 2.0% in the 3rd quarter. State Street Corp now owns 1,382,468 shares of the information services provider’s stock worth $45,096,000 after purchasing an additional 27,501 shares during the period. Assenagon Asset Management S.A. lifted its position in shares of Autohome by 106.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 683,144 shares of the information services provider’s stock valued at $22,284,000 after acquiring an additional 351,789 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Autohome by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 413,932 shares of the information services provider’s stock valued at $13,395,000 after acquiring an additional 13,944 shares during the period. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have commented on ATHM shares. StockNews.com lowered shares of Autohome from a “buy” rating to a “hold” rating in a research note on Wednesday. The Goldman Sachs Group raised shares of Autohome to a “hold” rating in a report on Wednesday, December 11th. Five analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to MarketBeat, Autohome presently has a consensus rating of “Hold” and an average target price of $28.00.

Autohome Stock Down 0.8 %

Shares of NYSE ATHM opened at $29.94 on Friday. Autohome Inc. has a 52 week low of $21.89 and a 52 week high of $34.70. The firm’s fifty day moving average is $27.36 and its 200 day moving average is $27.72. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 14.89 and a beta of 0.18.

Autohome (NYSE:ATHM) last issued 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. Autohome had a net margin of 24.36% and a return on equity of 7.79%. The business had revenue of $244.33 million for the quarter, compared to the consensus estimate of $243.26 million. Equities research analysts anticipate that Autohome Inc. will post 2.11 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.