Autohome Inc. (NYSE:ATHM) Shares Acquired by US Bancorp DE

US Bancorp DE raised its stake in shares of Autohome Inc. (NYSE:ATHM) by 19.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,920 shares of the information services provider’s stock after purchasing an additional 5,850 shares during the period. US Bancorp DE’s holdings in Autohome were worth $932,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. BlueCrest Capital Management Ltd acquired a new stake in shares of Autohome during the 3rd quarter worth $228,000. Vontobel Holding Ltd. increased its stake in Autohome by 27.4% during the fourth 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 last quarter. Van ECK Associates Corp increased its stake in Autohome by 31.2% during the third quarter. Van ECK Associates Corp now owns 9,310 shares of the information services provider’s stock worth $304,000 after acquiring an additional 2,212 shares during the last quarter. Asset Management One Co. Ltd. raised its holdings 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 purchasing an additional 2,652 shares during the period. Finally, Ritholtz Wealth Management lifted its stake in shares of Autohome by 8.1% in the 4th quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider’s stock valued at $270,000 after purchasing an additional 778 shares in the last quarter. Hedge funds and other institutional investors own 63.08% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on ATHM shares. The Goldman Sachs Group raised shares of Autohome to a “hold” rating in a research report on Wednesday, December 11th. StockNews.com lowered 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 and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Autohome has an average rating of “Hold” and an average target price of $28.00.

Autohome Stock Performance

ATHM stock opened at $30.54 on Monday. The firm has a market cap of $3.70 billion, a P/E ratio of 16.51 and a beta of 0.20. Autohome Inc. has a 1 year low of $21.89 and a 1 year high of $34.70. The stock has a 50-day simple moving average of $27.96 and a 200-day simple moving average of $28.23.

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 the consensus estimate of $0.49 by $0.01. The company had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. Autohome had a net margin of 23.02% and a return on equity of 7.79%. On average, equities research analysts predict that Autohome Inc. will post 1.84 EPS for the current year.

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.