Barrow Hanley Mewhinney & Strauss LLC Decreases Stake in Autohome Inc. (NYSE:ATHM)

Barrow Hanley Mewhinney & Strauss LLC trimmed its position in shares of Autohome Inc. (NYSE:ATHM) by 15.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,066,493 shares of the information services provider’s stock after selling 192,425 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 0.88% of Autohome worth $27,675,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. increased its position in shares of Autohome by 27.4% in the 4th quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider’s stock valued at $222,000 after purchasing an additional 1,841 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in Autohome by 37.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider’s stock valued at $261,000 after buying an additional 2,652 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Autohome in the fourth quarter valued at $269,000. Ritholtz Wealth Management lifted its holdings in Autohome by 8.1% during the 4th quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider’s stock worth $270,000 after buying an additional 778 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in shares of Autohome by 3.1% during the 4th quarter. Rhumbline Advisers now owns 13,761 shares of the information services provider’s stock worth $357,000 after acquiring an additional 420 shares in the last quarter. Institutional investors and hedge funds own 63.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ATHM shares. JPMorgan Chase & Co. upgraded Autohome from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. The Goldman Sachs Group upgraded shares of Autohome to a “hold” rating in a report on Wednesday, December 11th. Finally, StockNews.com lowered shares of Autohome from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $32.00.

Autohome Trading Down 1.6 %

Autohome stock opened at $27.74 on Monday. The stock has a fifty day moving average price of $28.92 and a 200 day moving average price of $28.61. Autohome Inc. has a 52 week low of $21.89 and a 52 week high of $34.70. The firm has a market capitalization of $3.36 billion, a P/E ratio of 14.99 and a beta of 0.20.

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