UBS Group AG Buys 148,865 Shares of Autohome Inc. $ATHM

UBS Group AG raised its stake in shares of Autohome Inc. (NYSE:ATHM) by 33.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 595,970 shares of the information services provider’s stock after purchasing an additional 148,865 shares during the period. UBS Group AG owned 0.51% of Autohome worth $13,266,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Krane Funds Advisors LLC boosted its holdings in shares of Autohome by 25.0% during the 3rd quarter. Krane Funds Advisors LLC now owns 3,387,052 shares of the information services provider’s stock worth $93,178,000 after buying an additional 678,214 shares during the period. Federated Hermes Inc. raised its holdings in Autohome by 9.6% in the 3rd quarter. Federated Hermes Inc. now owns 1,526,558 shares of the information services provider’s stock worth $43,583,000 after acquiring an additional 133,525 shares during the period. Schroder Investment Management Group lifted its position in Autohome by 7.3% during the 3rd quarter. Schroder Investment Management Group now owns 1,304,270 shares of the information services provider’s stock worth $37,237,000 after acquiring an additional 89,057 shares during the last quarter. Kepler Cheuvreux Suisse SA bought a new stake in Autohome during the third quarter valued at about $1,837,000. Finally, SG Americas Securities LLC grew its position in shares of Autohome by 210.0% in the fourth quarter. SG Americas Securities LLC now owns 56,595 shares of the information services provider’s stock valued at $1,260,000 after purchasing an additional 38,341 shares during the last quarter. Institutional investors own 63.08% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on ATHM. Wall Street Zen cut Autohome from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Zacks Research raised Autohome from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Weiss Ratings lowered Autohome from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 20th. Benchmark reissued a “hold” rating on shares of Autohome in a research report on Tuesday, February 24th. Finally, HSBC downgraded shares of Autohome from a “buy” rating to a “hold” rating and set a $17.30 price objective on the stock. in a research note on Thursday. Four analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Autohome currently has a consensus rating of “Reduce” and a consensus price target of $22.65.

Autohome Trading Down 7.5%

Shares of ATHM stock opened at $17.77 on Friday. Autohome Inc. has a 12 month low of $16.74 and a 12 month high of $29.92. The company has a market capitalization of $2.05 billion, a P/E ratio of 10.83 and a beta of 0.26. The stock has a 50 day moving average of $18.34 and a two-hundred day moving average of $21.29.

Autohome (NYSE:ATHM) last released its quarterly earnings data on Sunday, February 15th. The information services provider reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $208.96 million for the quarter. Autohome had a return on equity of 5.94% and a net margin of 21.43%. Sell-side analysts predict that Autohome Inc. will post 1.28 earnings per share for the current fiscal year.

Autohome Profile

Autohome Inc (NYSE: ATHM) operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.

In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.