JPMorgan Chase & Co. raised its stake in Autohome Inc (NYSE:ATHM) by 32,489.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 103,635 shares of the information services provider’s stock after purchasing an additional 103,317 shares during the period. JPMorgan Chase & Co. owned 0.09% of Autohome worth $6,319,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ATHM. Investec Asset Management LTD increased its position in shares of Autohome by 20.9% during the second quarter. Investec Asset Management LTD now owns 1,989,109 shares of the information services provider’s stock worth $90,226,000 after acquiring an additional 343,427 shares in the last quarter. Andra AP fonden bought a new stake in shares of Autohome during the second quarter worth about $2,477,000. Sei Investments Co. increased its position in shares of Autohome by 187,278.4% during the third quarter. Sei Investments Co. now owns 69,330 shares of the information services provider’s stock worth $4,165,000 after acquiring an additional 69,293 shares in the last quarter. Profund Advisors LLC bought a new stake in shares of Autohome during the second quarter worth about $264,000. Finally, BlackRock Inc. increased its position 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 acquiring an additional 4,171,817 shares in the last quarter. 38.84% of the stock is owned by hedge funds and other institutional investors.

Shares of Autohome Inc (ATHM) opened at $64.67 on Friday. Autohome Inc has a 52-week low of $25.00 and a 52-week high of $67.69. The stock has a market cap of $7,616.74, a PE ratio of 31.14 and a beta of 2.06.

The company also recently disclosed a special dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Thursday, January 4th will be given a $0.76 dividend. The ex-dividend date of this dividend is Wednesday, January 3rd.

Several equities research analysts have recently commented on ATHM shares. Zacks Investment Research raised shares of Autohome from a “hold” rating to a “strong-buy” rating and set a $71.00 target price for the company in a research report on Thursday, October 12th. BidaskClub raised shares of Autohome from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Deutsche Bank boosted 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. Benchmark boosted 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. Finally, Credit Suisse Group began coverage on shares of Autohome in a research report on Tuesday, October 3rd. They set an “outperform” rating and a $70.80 target price for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company’s stock. Autohome presently has a consensus rating of “Buy” and an average target price of $66.16.

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Autohome 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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Institutional Ownership by Quarter for Autohome (NYSE:ATHM)

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