Schroder Investment Management Group Has $23.35 Million Stock Holdings in Autohome Inc. (NYSE:ATHM)

Schroder Investment Management Group lifted its holdings in shares of Autohome Inc. (NYSE:ATHM) by 4.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 899,860 shares of the information services provider’s stock after buying an additional 36,703 shares during the period. Schroder Investment Management Group owned about 0.74% of Autohome worth $23,351,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vontobel Holding Ltd. boosted 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 period. Asset Management One Co. Ltd. lifted its holdings in shares of Autohome by 37.4% during the fourth 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. Quantbot Technologies LP acquired a new position in shares of Autohome during the fourth quarter worth $269,000. Ritholtz Wealth Management grew its stake in shares of Autohome by 8.1% in the fourth quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider’s stock worth $270,000 after purchasing an additional 778 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in Autohome by 3.1% in the fourth quarter. Rhumbline Advisers now owns 13,761 shares of the information services provider’s stock valued at $357,000 after purchasing an additional 420 shares during the period. 63.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. raised Autohome from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. The Goldman Sachs Group upgraded shares of Autohome to a “hold” rating in a research report on Wednesday, December 11th. Finally, StockNews.com cut shares of Autohome from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Autohome currently has a consensus rating of “Hold” and an average target price of $32.00.

Autohome Trading Down 0.5 %

NYSE ATHM opened at $27.90 on Thursday. The business has a fifty day simple moving average of $28.96 and a 200 day simple moving average of $28.61. Autohome Inc. has a 12 month low of $21.89 and a 12 month high of $34.70. The firm has a market capitalization of $3.38 billion, a P/E ratio of 15.08 and a beta of 0.16.

Autohome (NYSE:ATHM) last announced its 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. Autohome had a net margin of 23.02% and a return on equity of 7.79%. The company had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. As a group, sell-side analysts predict that Autohome Inc. will post 1.84 EPS for the current fiscal 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.