Mitsubishi UFJ Trust & Banking Corp Has $1.81 Million Stock Position in Autohome Inc. (NYSE:ATHM)

Mitsubishi UFJ Trust & Banking Corp lowered its holdings in shares of Autohome Inc. (NYSE:ATHM) by 20.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 69,633 shares of the information services provider’s stock after selling 17,613 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.06% of Autohome worth $1,807,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Prudential Financial Inc. increased its holdings in shares of Autohome by 12.6% during the 4th quarter. Prudential Financial Inc. now owns 36,378 shares of the information services provider’s stock worth $979,000 after acquiring an additional 4,085 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Autohome by 5.6% in the fourth quarter. Vanguard Group Inc. now owns 2,475,258 shares of the information services provider’s stock valued at $64,233,000 after purchasing an additional 130,983 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Autohome in the fourth quarter valued at about $948,000. Sei Investments Co. lifted its stake in shares of Autohome by 34.6% during the 4th quarter. Sei Investments Co. now owns 337,746 shares of the information services provider’s stock worth $8,764,000 after buying an additional 86,754 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Autohome by 3.4% during the 4th quarter. American Century Companies Inc. now owns 541,940 shares of the information services provider’s stock worth $14,063,000 after buying an additional 17,706 shares during the period. Institutional investors and hedge funds own 63.08% of the company’s stock.

Analyst Ratings Changes

ATHM has been the subject of several research reports. StockNews.com downgraded shares of Autohome from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. The Goldman Sachs Group raised Autohome to a “hold” rating in a report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. raised Autohome from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $24.00 to $36.00 in a report on Wednesday, March 12th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $32.00.

Autohome Trading Up 1.4 %

Shares of ATHM opened at $28.12 on Wednesday. The stock has a market capitalization of $3.41 billion, a PE ratio of 15.20 and a beta of 0.20. The firm’s 50 day moving average is $28.95 and its 200-day moving average is $28.62. Autohome Inc. has a 12 month low of $21.89 and a 12 month high of $34.70.

Autohome (NYSE:ATHM) last posted its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. The firm had revenue of $244.33 million for the quarter, compared to analyst estimates of $243.26 million. Autohome had a return on equity of 7.79% and a net margin of 23.02%. Equities research analysts predict that Autohome Inc. will post 1.84 earnings per share for the current fiscal year.

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.