Jane Street Group LLC grew its holdings in Autohome Inc (NYSE:ATHM) by 37.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,445 shares of the information services provider’s stock after acquiring an additional 6,664 shares during the quarter. Jane Street Group LLC’s holdings in Autohome were worth $1,469,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Investec Asset Management LTD boosted its position in shares of Autohome by 20.9% in the second quarter. Investec Asset Management LTD now owns 1,989,109 shares of the information services provider’s stock valued at $90,226,000 after acquiring an additional 343,427 shares during the period. Andra AP fonden bought a new stake in shares of Autohome in the second quarter valued at about $2,477,000. Sei Investments Co. boosted its position in shares of Autohome by 187,278.4% in the third quarter. Sei Investments Co. now owns 69,330 shares of the information services provider’s stock valued at $4,165,000 after acquiring an additional 69,293 shares during the period. Profund Advisors LLC bought a new stake in Autohome during the second quarter worth about $264,000. Finally, BlackRock Inc. lifted its position in 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 purchasing an additional 4,171,817 shares during the period. 38.84% of the stock is owned by institutional investors.
Several research firms recently weighed in on ATHM. BidaskClub cut shares of Autohome from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 30th. 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 price objective for the company. Citigroup began coverage on shares of Autohome in a research report on Tuesday. They set a “buy” rating for the company. Zacks Investment Research raised shares of Autohome from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a research report on Thursday, December 14th. Finally, Deutsche Bank upped their price objective 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $66.16.
Autohome Inc (NYSE ATHM) traded up $6.99 during mid-day trading on Tuesday, hitting $71.66. 2,385,100 shares of the stock were exchanged, compared to its average volume of 700,980. The company has a market capitalization of $8,260.00, a PE ratio of 31.99 and a beta of 2.06. Autohome Inc has a 52-week low of $25.00 and a 52-week high of $71.85.
The business also recently announced a special dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Thursday, January 4th will be issued a $0.76 dividend. The ex-dividend date of this dividend is Wednesday, January 3rd.
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Autohome Company 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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