Autohome Inc. (NYSE:ATHM) Shares Acquired by Alberta Investment Management Corp

Alberta Investment Management Corp raised its holdings in Autohome Inc. (NYSE:ATHM) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 254,139 shares of the information services provider’s stock after purchasing an additional 8,545 shares during the period. Alberta Investment Management Corp owned about 0.21% of Autohome worth $6,595,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Vontobel Holding Ltd. acquired a new position in shares of Autohome in the 3rd quarter valued at approximately $219,000. BlueCrest Capital Management Ltd acquired a new position in shares of Autohome in the 3rd quarter valued at approximately $228,000. Asset Management One Co. Ltd. increased its holdings in shares of Autohome by 37.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider’s stock valued at $261,000 after acquiring an additional 2,652 shares during the last quarter. Ritholtz Wealth Management increased its holdings in shares of Autohome by 8.1% in the 4th quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider’s stock valued at $270,000 after acquiring an additional 778 shares during the last quarter. Finally, Van ECK Associates Corp increased its holdings in shares of Autohome by 31.2% in the 3rd quarter. Van ECK Associates Corp now owns 9,310 shares of the information services provider’s stock valued at $304,000 after acquiring an additional 2,212 shares during the last quarter. 63.08% of the stock is owned by institutional investors and hedge funds.

Autohome Stock Performance

Shares of ATHM stock opened at $30.07 on Thursday. Autohome Inc. has a 1 year low of $21.89 and a 1 year high of $34.70. The stock has a fifty day moving average of $27.28 and a two-hundred day moving average of $27.65. The firm has a market capitalization of $3.64 billion, a PE ratio of 14.96 and a beta of 0.18.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ATHM. CLSA downgraded Autohome from an “outperform” rating to a “hold” rating in a report on Thursday, October 24th. StockNews.com downgraded Autohome from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, The Goldman Sachs Group upgraded Autohome to a “hold” rating in a research note on Wednesday, December 11th. Five analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $28.00.

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.