Rhumbline Advisers Purchases 420 Shares of Autohome Inc. (NYSE:ATHM)

Rhumbline Advisers boosted its position in shares of Autohome Inc. (NYSE:ATHM) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,761 shares of the information services provider’s stock after buying an additional 420 shares during the period. Rhumbline Advisers’ holdings in Autohome were worth $357,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. raised its holdings in shares of Autohome by 140.5% during 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 acquiring an additional 1,004,043 shares in the last quarter. State Street Corp increased its position in Autohome by 2.0% in the third 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 last quarter. Geode Capital Management LLC raised 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 valued at $13,395,000 after purchasing an additional 13,944 shares in the last quarter. BNP Paribas Financial Markets lifted its position 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 valued at $8,532,000 after purchasing an additional 19,983 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Autohome in the 3rd quarter worth $6,663,000. Hedge funds and other institutional investors own 63.08% of the company’s stock.

Autohome Stock Down 1.2 %

ATHM stock opened at $30.54 on Monday. Autohome Inc. has a twelve month low of $21.89 and a twelve month high of $34.70. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 16.51 and a beta of 0.20. The firm’s fifty day simple moving average is $27.96 and its two-hundred day simple moving average is $28.23.

Autohome (NYSE:ATHM) last issued its quarterly earnings results on Thursday, February 20th. The information services provider reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. The company had revenue of $244.33 million for 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%. As a group, equities research analysts expect that Autohome Inc. will post 1.84 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. StockNews.com cut shares of Autohome from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. The Goldman Sachs Group upgraded Autohome to a “hold” rating in a research report on Wednesday, December 11th. Five 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, the company has a consensus rating of “Hold” and a consensus target price of $28.00.

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.