Strs Ohio Trims Holdings in Autohome Inc. $ATHM

Strs Ohio lessened its holdings in shares of Autohome Inc. (NYSE:ATHM) by 84.7% during the fourth quarter, Holdings Channel reports. The firm owned 6,800 shares of the information services provider’s stock after selling 37,600 shares during the quarter. Strs Ohio’s holdings in Autohome were worth $151,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Invesco Ltd. boosted its position in Autohome by 12.2% during the 3rd quarter. Invesco Ltd. now owns 7,968,365 shares of the information services provider’s stock valued at $227,497,000 after acquiring an additional 868,151 shares in the last quarter. Krane Funds Advisors LLC boosted its position in shares of Autohome by 25.0% in the 3rd quarter. Krane Funds Advisors LLC now owns 3,387,052 shares of the information services provider’s stock worth $93,178,000 after purchasing an additional 678,214 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Autohome by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 2,682,506 shares of the information services provider’s stock worth $59,713,000 after purchasing an additional 39,969 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of Autohome by 9.6% in the 3rd quarter. Federated Hermes Inc. now owns 1,526,558 shares of the information services provider’s stock worth $43,583,000 after purchasing an additional 133,525 shares in the last quarter. Finally, Schroder Investment Management Group boosted its position in shares of Autohome by 7.3% in the 3rd quarter. Schroder Investment Management Group now owns 1,304,270 shares of the information services provider’s stock worth $37,237,000 after purchasing an additional 89,057 shares in the last quarter. 63.08% of the stock is owned by institutional investors.

Autohome Stock Up 1.1%

Shares of NYSE ATHM opened at $19.20 on Tuesday. Autohome Inc. has a twelve month low of $16.74 and a twelve month high of $29.92. The firm has a market cap of $2.21 billion, a P/E ratio of 11.71 and a beta of 0.26. The company has a 50 day moving average of $18.36 and a 200 day moving average of $21.45.

Autohome (NYSE:ATHM) last posted its earnings results on Sunday, February 15th. The information services provider reported $0.09 EPS for the quarter. Autohome had a net margin of 21.43% and a return on equity of 5.94%. The business had revenue of $208.96 million during the quarter. As a group, equities analysts expect that Autohome Inc. will post 1.28 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ATHM has been the topic of a number of analyst reports. Wall Street Zen cut Autohome from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Zacks Research upgraded shares of Autohome from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Weiss Ratings lowered shares of Autohome from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 20th. Finally, Benchmark restated a “hold” rating on shares of Autohome in a report on Tuesday, February 24th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $28.00.

Autohome Company Profile

Autohome Inc (NYSE: ATHM) operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.

In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.