Amundi Pioneer Asset Management Inc. purchased a new position in shares of Bitauto Holdings Limited (NYSE:BITA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 97,042 shares of the information services provider’s stock, valued at approximately $4,336,000. Amundi Pioneer Asset Management Inc. owned about 0.14% of Bitauto as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its position in shares of Bitauto by 17.0% during the second quarter. Dimensional Fund Advisors LP now owns 534,870 shares of the information services provider’s stock worth $15,378,000 after purchasing an additional 77,591 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Bitauto by 16.9% during the third quarter. First Trust Advisors LP now owns 79,723 shares of the information services provider’s stock worth $3,562,000 after purchasing an additional 11,554 shares during the last quarter. Macquarie Group Ltd. lifted its position in shares of Bitauto by 22.5% during the third quarter. Macquarie Group Ltd. now owns 459,200 shares of the information services provider’s stock worth $20,517,000 after purchasing an additional 84,200 shares during the last quarter. Summitview Investment Management bought a new position in shares of Bitauto during the third quarter worth about $1,117,000. Finally, BT Investment Management Ltd bought a new position in shares of Bitauto during the third quarter worth about $9,194,000. 28.22% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have recently commented on BITA. Zacks Investment Research raised shares of Bitauto from a “sell” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Tuesday, October 24th. BidaskClub cut shares of Bitauto from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 28th.

Bitauto Holdings Limited (NYSE BITA) opened at $29.09 on Friday. Bitauto Holdings Limited has a 12-month low of $16.56 and a 12-month high of $54.42.

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Bitauto Company Profile

Bitauto Holdings Limited is a provider of Internet content and marketing services for China’s automotive industry. The Company’s bitauto.com and taoche.com Websites provide consumers with information on new and used automobile pricing, and promotional information, specifications, reviews and consumer feedback.

Institutional Ownership by Quarter for Bitauto (NYSE:BITA)

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