BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $403,000 Stake in Autohome Inc. $ATHM

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in Autohome Inc. (NYSE:ATHM) by 16.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,629 shares of the information services provider’s stock after acquiring an additional 2,194 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Autohome were worth $403,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Amundi increased its position in shares of Autohome by 8.5% in the first quarter. Amundi now owns 138,861 shares of the information services provider’s stock valued at $3,794,000 after acquiring an additional 10,890 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. increased its position in shares of Autohome by 40.5% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 56,220 shares of the information services provider’s stock valued at $1,450,000 after acquiring an additional 16,212 shares during the last quarter. Vontobel Holding Ltd. increased its position in shares of Autohome by 26.4% in the first quarter. Vontobel Holding Ltd. now owns 10,828 shares of the information services provider’s stock valued at $300,000 after acquiring an additional 2,264 shares during the last quarter. Strs Ohio acquired a new stake in shares of Autohome in the first quarter valued at about $1,231,000. Finally, Northern Trust Corp increased its position in shares of Autohome by 12.5% in the first quarter. Northern Trust Corp now owns 390,800 shares of the information services provider’s stock valued at $10,833,000 after acquiring an additional 43,300 shares during the last quarter. Institutional investors and hedge funds own 63.08% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on ATHM. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Autohome in a research report on Wednesday, October 8th. Zacks Research cut Autohome from a “hold” rating to a “strong sell” rating in a report on Friday, October 24th. Finally, JPMorgan Chase & Co. cut Autohome from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $36.00 to $28.00 in a report on Wednesday, October 29th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Autohome presently has an average rating of “Reduce” and a consensus target price of $28.00.

Autohome Stock Performance

Autohome stock opened at $24.88 on Thursday. Autohome Inc. has a 52 week low of $23.39 and a 52 week high of $32.70. The stock has a market capitalization of $2.91 billion, a P/E ratio of 14.63 and a beta of 0.09. The stock has a 50-day simple moving average of $27.93 and a 200 day simple moving average of $27.15.

Autohome Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, November 20th. Stockholders of record on Monday, October 20th will be issued a dividend of $0.59 per share. The ex-dividend date is Monday, October 20th. Autohome’s payout ratio is currently 100.00%.

About Autohome

Autohome Inc operates as an online destination for automobile consumers in the People’s Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.