Robeco Institutional Asset Management B.V. Grows Holdings in Autohome Inc. (NYSE:ATHM)

Robeco Institutional Asset Management B.V. grew its stake in shares of Autohome Inc. (NYSE:ATHM) by 140.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,718,761 shares of the information services provider’s stock after buying an additional 1,004,043 shares during the quarter. Robeco Institutional Asset Management B.V. owned 1.42% of Autohome worth $44,602,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ATHM. Harvest Fund Management Co. Ltd raised its position in Autohome by 1.1% during the third quarter. Harvest Fund Management Co. Ltd now owns 37,907 shares of the information services provider’s stock valued at $1,238,000 after purchasing an additional 394 shares in the last quarter. Ritholtz Wealth Management raised its holdings in shares of Autohome by 8.1% during the 4th 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. Van ECK Associates Corp raised its holdings in shares of Autohome by 31.2% during the 3rd quarter. Van ECK Associates Corp now owns 9,310 shares of the information services provider’s stock valued at $304,000 after buying an additional 2,212 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in Autohome by 16.7% in the third quarter. Sanctuary Advisors LLC now owns 15,488 shares of the information services provider’s stock worth $505,000 after buying an additional 2,221 shares in the last quarter. Finally, Creative Planning boosted its stake in Autohome by 14.2% in the third quarter. Creative Planning now owns 20,938 shares of the information services provider’s stock worth $683,000 after buying an additional 2,603 shares in the last quarter. 63.08% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ATHM has been the subject of a number of recent research reports. StockNews.com upgraded shares of Autohome from a “hold” rating to a “buy” rating in a report on Thursday, January 16th. The Goldman Sachs Group raised shares of Autohome to a “hold” rating in a research note on Wednesday, December 11th. Hsbc Global Res raised Autohome to a “strong-buy” rating in a research note on Thursday, October 3rd. Finally, CLSA lowered Autohome from an “outperform” rating to a “hold” rating in a research note on Thursday, October 24th. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $28.00.

Autohome Stock Down 0.8 %

Shares of Autohome stock opened at $28.52 on Thursday. The company’s fifty day simple moving average is $27.02 and its two-hundred day simple moving average is $27.30. Autohome Inc. has a 12-month low of $21.89 and a 12-month high of $34.70. The firm has a market cap of $3.45 billion, a PE ratio of 14.19 and a beta of 0.18.

Autohome Increases Dividend

The firm also recently declared a Variable dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, December 31st will be paid a $1.15 dividend. This is a positive change from Autohome’s previous Variable dividend of $0.57. The ex-dividend date is Tuesday, December 31st. This represents a yield of 5.8%. Autohome’s dividend payout ratio (DPR) is presently 83.58%.

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.