BlackRock Inc. Reduces Holdings in Autohome Inc (ATHM)

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BlackRock Inc. lowered its stake in Autohome Inc (NYSE:ATHM) by 0.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,803,563 shares of the information services provider’s stock after selling 1,736 shares during the period. BlackRock Inc.’s holdings in Autohome were worth $219,323,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sensato Investors LLC grew its position in Autohome by 48.3% during the 3rd quarter. Sensato Investors LLC now owns 204,174 shares of the information services provider’s stock worth $15,805,000 after purchasing an additional 66,500 shares in the last quarter. Standard Life Aberdeen plc grew its position in Autohome by 208.2% during the 3rd quarter. Standard Life Aberdeen plc now owns 5,630,270 shares of the information services provider’s stock worth $435,840,000 after purchasing an additional 3,803,567 shares in the last quarter. Fox Run Management L.L.C. grew its position in Autohome by 47.1% during the 4th quarter. Fox Run Management L.L.C. now owns 5,577 shares of the information services provider’s stock worth $436,000 after purchasing an additional 1,785 shares in the last quarter. Bank of New York Mellon Corp grew its position in Autohome by 9.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 878,150 shares of the information services provider’s stock worth $67,977,000 after purchasing an additional 72,769 shares in the last quarter. Finally, Bailard Inc. purchased a new position in Autohome during the 3rd quarter worth approximately $387,000. 51.70% of the stock is currently owned by institutional investors.

Autohome stock opened at $92.55 on Monday. Autohome Inc has a 12 month low of $61.43 and a 12 month high of $119.50. The firm has a market cap of $10.94 billion, a PE ratio of 24.68, a P/E/G ratio of 0.68 and a beta of 1.38.

ATHM has been the topic of several research analyst reports. Bank of America lifted their price objective on shares of Autohome from $96.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, February 27th. ValuEngine upgraded shares of Autohome from a “sell” rating to a “hold” rating in a report on Tuesday, February 5th. Zacks Investment Research upgraded shares of Autohome from a “sell” rating to a “hold” rating in a report on Thursday, January 10th. Credit Suisse Group cut shares of Autohome from an “outperform” rating to a “neutral” rating and boosted their price target for the company from $83.00 to $92.00 in a report on Wednesday, February 27th. Finally, Macquarie started coverage on shares of Autohome in a report on Sunday, December 9th. They set an “outperform” rating and a $82.34 price target on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Autohome presently has an average rating of “Buy” and a consensus price target of $91.48.

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About Autohome

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.

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Institutional Ownership by Quarter for Autohome (NYSE:ATHM)

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