GAM Holding AG Has $599,000 Position in Autohome Inc (NYSE:ATHM)

GAM Holding AG reduced its holdings in shares of Autohome Inc (NYSE:ATHM) by 12.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,000 shares of the information services provider’s stock after selling 1,000 shares during the period. GAM Holding AG’s holdings in Autohome were worth $599,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Kavar Capital Partners LLC acquired a new position in shares of Autohome during the second quarter worth approximately $70,000. Atlas Capital Advisors LLC bought a new stake in shares of Autohome during the second quarter worth approximately $95,000. SevenBridge Financial Group LLC raised its stake in shares of Autohome by 26.3% during the second quarter. SevenBridge Financial Group LLC now owns 1,192 shares of the information services provider’s stock worth $102,000 after buying an additional 248 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. bought a new stake in shares of Autohome during the first quarter worth approximately $106,000. Finally, Highstreet Asset Management Inc. bought a new stake in shares of Autohome during the first quarter worth approximately $174,000. Institutional investors and hedge funds own 54.10% of the company’s stock.

Several brokerages have commented on ATHM. Mizuho began coverage on shares of Autohome in a research note on Friday, September 6th. They issued a “neutral” rating and a $84.10 target price for the company. ValuEngine downgraded shares of Autohome from a “hold” rating to a “sell” rating in a research note on Monday, June 3rd. JPMorgan Chase & Co. set a $75.00 target price on shares of Autohome and gave the company a “hold” rating in a research note on Monday, August 12th. Citigroup reaffirmed a “buy” rating and issued a $110.00 target price (down previously from $125.00) on shares of Autohome in a research note on Friday, July 5th. Finally, Sanford C. Bernstein began coverage on shares of Autohome in a research note on Thursday, June 27th. They issued an “outperform” rating and a $110.00 target price for the company. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. Autohome has an average rating of “Hold” and a consensus target price of $103.51.

Shares of ATHM opened at $97.79 on Thursday. The firm has a market capitalization of $11.21 billion, a PE ratio of 26.08, a PEG ratio of 1.19 and a beta of 1.40. The company’s 50-day moving average is $83.86 and its 200-day moving average is $92.31. Autohome Inc has a fifty-two week low of $61.43 and a fifty-two week high of $117.99.

Autohome (NYSE:ATHM) last issued its quarterly earnings data on Wednesday, August 7th. The information services provider reported $1.04 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.01. Autohome had a net margin of 39.33% and a return on equity of 29.47%. The company had revenue of $336.30 million for the quarter, compared to analyst estimates of $331.00 million. During the same period in the prior year, the firm earned $0.88 earnings per share. The company’s revenue was up 19.3% on a year-over-year basis. As a group, sell-side analysts expect that Autohome Inc will post 3.97 EPS for the current year.

Autohome Company Profile

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.

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Institutional Ownership by Quarter for Autohome (NYSE:ATHM)

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