US Bancorp DE Decreases Position in Autohome Inc. $ATHM

US Bancorp DE cut its stake in Autohome Inc. (NYSE:ATHM) by 8.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,213 shares of the information services provider’s stock after selling 3,440 shares during the quarter. US Bancorp DE’s holdings in Autohome were worth $908,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Signaturefd LLC grew its position in Autohome by 40.6% during the second quarter. Signaturefd LLC now owns 1,466 shares of the information services provider’s stock valued at $38,000 after buying an additional 423 shares during the period. Parallel Advisors LLC raised its stake in Autohome by 42.4% during the second quarter. Parallel Advisors LLC now owns 2,212 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 659 shares in the last quarter. Swedbank AB increased its position in Autohome by 71.8% during the first quarter. Swedbank AB now owns 61,986 shares of the information services provider’s stock valued at $1,718,000 after acquiring an additional 25,900 shares during the last quarter. Guinness Asset Management LTD increased its position in Autohome by 147.3% during the first quarter. Guinness Asset Management LTD now owns 1,978 shares of the information services provider’s stock valued at $55,000 after acquiring an additional 1,178 shares during the last quarter. Finally, Strs Ohio bought a new position in shares of Autohome in the first quarter worth about $1,231,000. 63.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Autohome in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Autohome has a consensus rating of “Hold” and a consensus target price of $36.00.

Autohome Price Performance

Shares of NYSE ATHM opened at $28.05 on Friday. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 16.50 and a beta of 0.09. Autohome Inc. has a 12 month low of $23.39 and a 12 month high of $32.70. The firm’s 50 day simple moving average is $28.67 and its 200-day simple moving average is $27.12.

Autohome Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, November 20th. Stockholders of record on Monday, October 20th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Monday, October 20th. This represents a dividend yield of 590.0%. Autohome’s dividend payout ratio (DPR) is presently 66.47%.

Autohome 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.