Autohome Inc (NYSE:ATHM)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $81.86 and last traded at $81.15, with a volume of 1070000 shares trading hands. The stock had previously closed at $77.92.

Several brokerages have commented on ATHM. Citigroup began coverage on shares of Autohome in a research note on Tuesday, January 2nd. They issued a “buy” rating and a $83.00 price target on the stock. Zacks Investment Research upgraded shares of Autohome from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research note on Thursday, December 14th. Benchmark raised their target price on shares of Autohome from $65.00 to $76.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Deutsche Bank raised their target price on shares of Autohome from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, November 7th. Finally, BidaskClub upgraded shares of Autohome from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the stock. Autohome currently has a consensus rating of “Buy” and a consensus target price of $68.97.

The company has a market capitalization of $9,390.00, a PE ratio of 34.33 and a beta of 2.06.

Autohome (NYSE:ATHM) last announced its earnings results on Tuesday, November 7th. The information services provider reported $0.54 earnings per share (EPS) for the quarter. Autohome had a net margin of 25.52% and a return on equity of 23.48%. analysts expect that Autohome Inc will post 2.26 earnings per share for the current year.

The firm also recently announced a special dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Thursday, January 4th will be given a dividend of $0.76 per share. The ex-dividend date is Wednesday, January 3rd.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in shares of Autohome by 1,380.8% during the second quarter. BlackRock Inc. now owns 4,473,958 shares of the information services provider’s stock worth $202,938,000 after purchasing an additional 4,171,817 shares during the period. State Street Corp lifted its holdings in shares of Autohome by 1,384.9% during the second quarter. State Street Corp now owns 669,138 shares of the information services provider’s stock worth $30,354,000 after purchasing an additional 624,076 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of Autohome by 5.3% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 7,908,058 shares of the information services provider’s stock worth $475,116,000 after purchasing an additional 396,818 shares during the period. Vanguard Group Inc. acquired a new stake in shares of Autohome during the second quarter worth $16,274,000. Finally, Prudential PLC lifted its holdings in shares of Autohome by 67.2% during the second quarter. Prudential PLC now owns 848,100 shares of the information services provider’s stock worth $38,470,000 after purchasing an additional 340,900 shares during the period. Institutional investors and hedge funds own 38.84% of the company’s stock.

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Autohome Company Profile

Autohome Inc is an online destination for automobile consumers in China. The Company is engaged in the provision of online advertising and dealer subscription services in the People’s Republic of China (PRC). The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners.

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