Tobam trimmed its stake in Autohome Inc (NYSE:ATHM) by 21.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 242,718 shares of the information services provider’s stock after selling 65,317 shares during the period. Tobam owned about 0.21% of Autohome worth $18,789,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Sumitomo Mitsui Trust Holdings Inc. increased its position in Autohome by 1.9% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 157,023 shares of the information services provider’s stock valued at $12,155,000 after acquiring an additional 2,944 shares in the last quarter. Comgest Global Investors S.A.S. increased its position in Autohome by 7.2% in the 3rd quarter. Comgest Global Investors S.A.S. now owns 170,400 shares of the information services provider’s stock valued at $13,191,000 after acquiring an additional 11,432 shares in the last quarter. Bessemer Group Inc. increased its position in Autohome by 386.4% in the 3rd quarter. Bessemer Group Inc. now owns 6,741 shares of the information services provider’s stock valued at $522,000 after acquiring an additional 5,355 shares in the last quarter. Unigestion Holding SA increased its position in Autohome by 8.1% in the 3rd quarter. Unigestion Holding SA now owns 135,500 shares of the information services provider’s stock valued at $10,489,000 after acquiring an additional 10,200 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ increased its position in Autohome by 10.2% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 80,437 shares of the information services provider’s stock valued at $6,227,000 after acquiring an additional 7,424 shares in the last quarter. 44.81% of the stock is owned by institutional investors.

Shares of NYSE:ATHM opened at $73.44 on Thursday. Autohome Inc has a one year low of $52.93 and a one year high of $119.50. The company has a market cap of $7.62 billion, a PE ratio of 27.92 and a beta of 1.86.

Autohome (NYSE:ATHM) last issued its quarterly earnings results on Monday, November 12th. The information services provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.84 by $0.06. Autohome had a net margin of 38.08% and a return on equity of 30.13%. The company had revenue of $275.00 million during the quarter, compared to analysts’ expectations of $269.16 million. During the same quarter in the previous year, the company earned $0.61 EPS. Autohome’s revenue was up 18.2% on a year-over-year basis. Research analysts expect that Autohome Inc will post 3.4 earnings per share for the current year.

Several equities research analysts have weighed in on the stock. Benchmark lowered their price objective on shares of Autohome from $125.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday. ValuEngine cut shares of Autohome from a “buy” rating to a “hold” rating in a research report on Thursday, November 8th. Zacks Investment Research upgraded shares of Autohome from a “hold” rating to a “buy” rating and set a $76.00 price objective for the company in a research report on Wednesday, October 31st. CLSA set a $95.00 price objective on shares of Autohome and gave the company a “buy” rating in a research report on Tuesday, October 16th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Autohome in a research report on Wednesday, August 29th. They issued a “hold” rating and a $80.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $87.80.

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Autohome Profile

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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