Sumitomo Mitsui DS Asset Management Company Ltd Has $2.81 Million Stock Position in Autohome Inc. (NYSE:ATHM)

Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Autohome Inc. (NYSE:ATHM) by 15.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 108,173 shares of the information services provider’s stock after acquiring an additional 14,200 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Autohome were worth $2,807,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. raised its holdings in shares of Autohome by 140.5% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,718,761 shares of the information services provider’s stock valued at $44,602,000 after purchasing an additional 1,004,043 shares in the last quarter. Ritholtz Wealth Management raised its holdings in Autohome by 8.1% during the fourth quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider’s stock valued at $270,000 after buying an additional 778 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Autohome by 78.1% in the third quarter. JPMorgan Chase & Co. now owns 154,988 shares of the information services provider’s stock worth $5,056,000 after buying an additional 67,957 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Autohome by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 41,448 shares of the information services provider’s stock worth $1,342,000 after acquiring an additional 2,857 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in shares of Autohome by 16.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 15,488 shares of the information services provider’s stock valued at $505,000 after acquiring an additional 2,221 shares during the last quarter. 63.08% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ATHM. CLSA lowered Autohome from an “outperform” rating to a “hold” rating in a report on Thursday, October 24th. The Goldman Sachs Group upgraded shares of Autohome to a “hold” rating in a research note on Wednesday, December 11th. Finally, StockNews.com lowered shares of Autohome from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Five research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Autohome has a consensus rating of “Hold” and an average target price of $28.00.

Autohome Stock Down 0.1 %

Shares of NYSE:ATHM opened at $27.39 on Monday. The business has a 50 day moving average price of $27.09 and a 200 day moving average price of $27.39. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 13.62 and a beta of 0.18. Autohome Inc. has a twelve month low of $21.89 and a twelve month high of $34.70.

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.