Schroder Investment Management Group Has $37.24 Million Stock Holdings in Autohome Inc. $ATHM

Schroder Investment Management Group grew its position in shares of Autohome Inc. (NYSE:ATHM) by 7.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,304,270 shares of the information services provider’s stock after buying an additional 89,057 shares during the quarter. Schroder Investment Management Group’s holdings in Autohome were worth $37,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Resona Asset Management Co. Ltd. boosted its position in shares of Autohome by 18.6% in the second quarter. Resona Asset Management Co. Ltd. now owns 21,684 shares of the information services provider’s stock valued at $560,000 after acquiring an additional 3,397 shares during the period. Campbell & CO Investment Adviser LLC increased its position in Autohome by 128.0% during the second quarter. Campbell & CO Investment Adviser LLC now owns 22,245 shares of the information services provider’s stock worth $574,000 after acquiring an additional 12,487 shares during the period. KBC Group NV raised its stake in Autohome by 19.5% in the 2nd quarter. KBC Group NV now owns 93,681 shares of the information services provider’s stock worth $2,416,000 after purchasing an additional 15,272 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Autohome by 124.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,333 shares of the information services provider’s stock worth $34,000 after purchasing an additional 739 shares in the last quarter. Finally, ABN Amro Investment Solutions bought a new stake in Autohome in the 2nd quarter valued at about $1,510,000. Institutional investors and hedge funds own 63.08% of the company’s stock.

Autohome Stock Performance

Shares of NYSE ATHM opened at $19.27 on Thursday. The stock has a market capitalization of $2.25 billion, a P/E ratio of 11.75 and a beta of 0.12. The stock’s fifty day moving average is $21.39 and its 200 day moving average is $24.48. Autohome Inc. has a 52 week low of $17.87 and a 52 week high of $31.50.

Analyst Ratings Changes

A number of research analysts have issued reports on ATHM shares. Benchmark restated a “hold” rating on shares of Autohome in a research report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Autohome in a research report on Monday, December 29th. Finally, Zacks Research cut Autohome from a “hold” rating to a “strong sell” rating in a research note on Friday, February 13th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $28.00.

About Autohome

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.