North of South Capital LLP Sells 176,293 Shares of Autohome Inc. $ATHM

North of South Capital LLP trimmed its holdings in shares of Autohome Inc. (NYSE:ATHM) by 5.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,251,895 shares of the information services provider’s stock after selling 176,293 shares during the period. Autohome accounts for 4.8% of North of South Capital LLP’s portfolio, making the stock its 9th biggest position. North of South Capital LLP’s holdings in Autohome were worth $69,103,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of ATHM. Parallel Advisors LLC lifted its position in shares of Autohome by 119.4% in the 1st quarter. Parallel Advisors LLC now owns 5,256 shares of the information services provider’s stock worth $91,000 after buying an additional 2,860 shares during the last quarter. OMERS ADMINISTRATION Corp acquired a new position in shares of Autohome in the 1st quarter valued at about $184,000. Oldfield Partners LLP grew its position in shares of Autohome by 20.3% during the 2nd quarter. Oldfield Partners LLP now owns 49,800 shares of the information services provider’s stock valued at $948,000 after buying an additional 8,400 shares during the last quarter. Vest Financial LLC grew its position in shares of Autohome by 35.9% during the 3rd quarter. Vest Financial LLC now owns 71,514 shares of the information services provider’s stock valued at $1,520,000 after buying an additional 18,891 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of Autohome by 35.2% during the 1st quarter. Royal Bank of Canada now owns 72,460 shares of the information services provider’s stock valued at $1,259,000 after buying an additional 18,871 shares during the last quarter. 63.08% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Quan Long sold 34,400 shares of Autohome stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $5.29, for a total value of $181,976.00. Following the sale, the director directly owned 175,984 shares in the company, valued at $930,955.36. This trade represents a 16.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Bibo Xiang sold 5,588 shares of Autohome stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $5.29, for a total transaction of $29,560.52. Following the completion of the sale, the chief technology officer owned 56,780 shares in the company, valued at approximately $300,366.20. This represents a 8.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,304 shares of company stock valued at $260,818 in the last quarter. Company insiders own 5.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ATHM. Weiss Ratings upgraded shares of Autohome from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, September 22nd. Zacks Research cut shares of Autohome from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Jefferies Financial Group restated a “buy” rating and issued a $26.50 target price on shares of Autohome in a research note on Wednesday, October 14th. Wall Street Zen upgraded Autohome from a “sell” rating to a “hold” rating in a research report on Sunday. Finally, Bank of America cut Autohome from a “neutral” rating to an “underperform” rating and set a $19.00 price target on the stock. in a research report on Tuesday, August 18th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Autohome presently has a consensus rating of “Hold” and an average price target of $19.95.

Autohome Stock Up 1.1%

NYSE ATHM traded up $0.23 during trading hours on Friday, hitting $21.77. The company had a trading volume of 183,301 shares, compared to its average volume of 368,664. The firm has a market cap of $2.51 billion, a P/E ratio of 23.16 and a beta of 0.36. Autohome Inc. has a fifty-two week low of $15.57 and a fifty-two week high of $24.79. The business has a fifty day simple moving average of $21.03 and a 200-day simple moving average of $20.02.

Autohome (NYSE:ATHM) last announced its quarterly earnings results on Wednesday, November 4th. The information services provider reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.07. Autohome had a net margin of 14.23% and a return on equity of 4.07%. The company had revenue of $196.12 million during the quarter, compared to the consensus estimate of $189.93 million. During the same quarter in the previous year, the company posted $3.45 earnings per share. The company’s revenue for the quarter was down 26.0% compared to the same quarter last year. Equities analysts forecast that Autohome Inc. will post 1.20 EPS for the current fiscal year.

Autohome Profile

Autohome Inc. operates online platforms focused on the automotive market in China. Through its websites and mobile applications, the company connects consumers with vehicle information and automotive businesses. Its platforms provide car reviews, news, model specifications, pricing information, photos, videos and user discussions. Autohome also offers automakers and dealers advertising, marketing, customer-lead generation and data services. Founded in 2005, Autohome serves consumers and automotive businesses across China.