Polymer Capital Management HK LTD Takes $919,000 Position in Autohome Inc. (NYSE:ATHM)

Polymer Capital Management HK LTD bought a new position in shares of Autohome Inc. (NYSE:ATHM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 35,400 shares of the information services provider’s stock, valued at approximately $919,000.

Other large investors also recently bought and sold shares of the company. Vontobel Holding Ltd. grew its position in shares of Autohome by 27.4% during the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider’s stock worth $222,000 after buying an additional 1,841 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in Autohome by 37.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider’s stock worth $261,000 after acquiring an additional 2,652 shares during the last quarter. Headlands Technologies LLC grew its holdings in Autohome by 1,135.5% during the 4th quarter. Headlands Technologies LLC now owns 9,872 shares of the information services provider’s stock worth $256,000 after acquiring an additional 9,073 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Autohome in the 4th quarter valued at approximately $269,000. Finally, Ritholtz Wealth Management raised its holdings in shares of Autohome by 8.1% in the 4th quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider’s stock valued at $270,000 after purchasing an additional 778 shares in the last quarter. Hedge funds and other institutional investors own 63.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on ATHM shares. StockNews.com lowered Autohome from a “buy” rating to a “hold” rating in a report on Friday, February 28th. JPMorgan Chase & Co. upgraded Autohome from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $24.00 to $36.00 in a report on Wednesday, March 12th. Finally, The Goldman Sachs Group upgraded Autohome to a “hold” rating in a research note on Wednesday, December 11th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $32.00.

Autohome Price Performance

Shares of NYSE:ATHM opened at $25.88 on Monday. The stock has a market cap of $3.13 billion, a P/E ratio of 13.99 and a beta of 0.16. Autohome Inc. has a 1-year low of $21.89 and a 1-year high of $34.70. The firm has a fifty day moving average price of $28.93 and a 200 day moving average price of $28.61.

Autohome (NYSE:ATHM) last posted its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. Autohome had a return on equity of 7.79% and a net margin of 23.02%. The firm had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. Sell-side analysts expect that Autohome Inc. will post 1.84 EPS for the current fiscal year.

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.