North of South Capital LLP increased its holdings in shares of Autohome Inc. (NYSE:ATHM – Free Report) by 16.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,965,350 shares of the information services provider’s stock after purchasing an additional 274,974 shares during the period. Autohome accounts for 6.2% of North of South Capital LLP’s investment portfolio, making the stock its 9th largest holding. North of South Capital LLP owned 1.62% of Autohome worth $51,001,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Alberta Investment Management Corp raised its position in Autohome by 3.5% during the 4th quarter. Alberta Investment Management Corp now owns 254,139 shares of the information services provider’s stock worth $6,595,000 after buying an additional 8,545 shares during the last quarter. Rhumbline Advisers raised its position in Autohome by 3.1% during the 4th quarter. Rhumbline Advisers now owns 13,761 shares of the information services provider’s stock worth $357,000 after buying an additional 420 shares during the last quarter. Vontobel Holding Ltd. raised its position in Autohome by 27.4% during the 4th quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider’s stock worth $222,000 after buying an additional 1,841 shares during the last quarter. Asset Management One Co. Ltd. raised its position in Autohome by 37.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider’s stock worth $261,000 after buying an additional 2,652 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Autohome by 15.1% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 108,173 shares of the information services provider’s stock worth $2,807,000 after buying an additional 14,200 shares during the last quarter. Institutional investors and hedge funds own 63.08% of the company’s stock.
Autohome Stock Up 0.1 %
Shares of ATHM opened at $30.13 on Friday. The company has a 50-day simple moving average of $27.32 and a 200-day simple moving average of $27.67. The company has a market capitalization of $3.65 billion, a PE ratio of 14.99 and a beta of 0.18. Autohome Inc. has a 52-week low of $21.89 and a 52-week high of $34.70.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on ATHM. The Goldman Sachs Group upgraded shares of Autohome to a “hold” rating in a research report on Wednesday, December 11th. CLSA downgraded shares of Autohome from an “outperform” rating to a “hold” rating in a report on Thursday, October 24th. Finally, StockNews.com downgraded shares of Autohome from a “buy” rating to a “hold” rating in a report on Wednesday. Five analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Autohome has a consensus rating of “Hold” and a consensus price target of $28.00.
Check Out Our Latest Analysis on ATHM
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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