Barclays PLC increased its stake in Autohome Inc. (NYSE:ATHM – Get Rating) by 24.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,520 shares of the information services provider's stock after buying an additional 13,578 shares during the period. Barclays PLC owned 0.06% of Autohome worth $1,999,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the stock. Invesco Ltd. grew its holdings in Autohome by 3.3% in the first quarter. Invesco Ltd. now owns 4,755,472 shares of the information services provider's stock worth $144,614,000 after purchasing an additional 153,299 shares during the period. BlackRock Inc. grew its holdings in Autohome by 1.3% in the first quarter. BlackRock Inc. now owns 3,863,666 shares of the information services provider's stock worth $117,497,000 after purchasing an additional 50,368 shares during the period. M&G Investment Management Ltd. grew its holdings in Autohome by 5.1% in the second quarter. M&G Investment Management Ltd. now owns 2,748,988 shares of the information services provider's stock worth $107,211,000 after purchasing an additional 134,614 shares during the period. Federated Hermes Inc. grew its holdings in Autohome by 54.8% in the second quarter. Federated Hermes Inc. now owns 2,659,786 shares of the information services provider's stock worth $104,609,000 after purchasing an additional 941,171 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Autohome by 3.9% in the first quarter. Vanguard Group Inc. now owns 2,106,816 shares of the information services provider's stock worth $64,068,000 after purchasing an additional 78,170 shares during the period. 47.76% of the stock is owned by institutional investors.
Get Autohome alerts:Autohome Trading Down 2.9 %
ATHM opened at $35.93 on Friday. Autohome Inc. has a 1-year low of $20.49 and a 1-year high of $40.89. The company has a market capitalization of $4.51 billion, a PE ratio of 20.41 and a beta of 0.17. The firm's 50 day simple moving average is $33.22 and its two-hundred day simple moving average is $32.56.
Autohome (NYSE:ATHM – Get Rating) last released its quarterly earnings results on Thursday, November 3rd. The information services provider reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.09. Autohome had a net margin of 21.83% and a return on equity of 8.16%. The business had revenue of $259.13 million for the quarter, compared to the consensus estimate of $254.41 million. Equities analysts forecast that Autohome Inc. will post 2.16 earnings per share for the current fiscal year.Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the stock. StockNews.com upgraded shares of Autohome from a "hold" rating to a "buy" rating in a report on Tuesday. JPMorgan Chase & Co. assumed coverage on shares of Autohome in a report on Monday, January 30th. They set a "neutral" rating on the stock. Jefferies Financial Group cut their price target on shares of Autohome from $56.00 to $49.00 in a report on Monday, October 24th. Finally, Daiwa Capital Markets cut their price target on shares of Autohome from $46.00 to $43.00 in a report on Wednesday, October 26th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Autohome currently has a consensus rating of "Moderate Buy" and an average price target of $40.93.
Autohome Profile
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Autohome, Inc is a holding company, which engages in the development, operation, and maintenance of mobile applications and automobile websites. It offers used vehicles and new car dealer listings. The firm provides professionally produced and user-generated content, a comprehensive automobile library and extensive automobile listing information to automobile consumers, covering the entire car purchase and ownership cycle.
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