Seldon Capital LP Trims Stock Holdings in Autohome Inc. (NYSE:ATHM)

Seldon Capital LP lessened its stake in shares of Autohome Inc. (NYSE:ATHM) by 41.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,113 shares of the information services provider’s stock after selling 72,014 shares during the quarter. Autohome accounts for about 1.1% of Seldon Capital LP’s holdings, making the stock its 23rd biggest holding. Seldon Capital LP owned approximately 0.09% of Autohome worth $2,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in ATHM. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Autohome by 3.3% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 461,899 shares of the information services provider’s stock valued at $11,986,000 after buying an additional 14,885 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Autohome in the 4th quarter valued at about $1,671,000. Walleye Capital LLC purchased a new stake in Autohome during the fourth quarter worth about $231,000. XTX Topco Ltd lifted its position in shares of Autohome by 60.0% during the fourth quarter. XTX Topco Ltd now owns 40,079 shares of the information services provider’s stock worth $1,040,000 after purchasing an additional 15,031 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of Autohome by 7.0% in the fourth quarter. Barclays PLC now owns 69,536 shares of the information services provider’s stock valued at $1,804,000 after purchasing an additional 4,570 shares during the period. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Autohome from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. StockNews.com lowered Autohome from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Autohome has a consensus rating of “Hold” and a consensus price target of $32.00.

Autohome Stock Up 1.0 %

Shares of Autohome stock opened at $25.78 on Friday. Autohome Inc. has a 52-week low of $21.89 and a 52-week high of $34.70. The company has a market capitalization of $3.12 billion, a P/E ratio of 13.93 and a beta of 0.16. The company has a 50 day moving average of $28.29 and a 200 day moving average of $28.16.

Autohome (NYSE:ATHM) last announced its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. The business had revenue of $244.33 million for the quarter, compared to analyst estimates of $243.26 million. Autohome had a net margin of 23.02% and a return on equity of 7.79%. As a group, research analysts anticipate that Autohome Inc. will post 1.84 earnings per share for the current fiscal year.

Autohome Company Profile

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.