Autohome Inc. $ATHM Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its holdings in Autohome Inc. (NYSE:ATHM) by 262,750.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 84,112 shares of the information services provider’s stock after purchasing an additional 84,080 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Autohome were worth $1,872,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in ATHM. Invesco Ltd. boosted its position in shares of Autohome by 12.2% in the 3rd quarter. Invesco Ltd. now owns 7,968,365 shares of the information services provider’s stock worth $227,497,000 after buying an additional 868,151 shares in the last quarter. Krane Funds Advisors LLC boosted its position in shares of Autohome by 25.0% in 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 in the last quarter. UBS Group AG boosted its position in shares of Autohome by 33.3% in the 4th quarter. UBS Group AG now owns 595,970 shares of the information services provider’s stock worth $13,266,000 after buying an additional 148,865 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of 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 buying an additional 133,525 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Autohome by 117.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 224,447 shares of the information services provider’s stock worth $6,410,000 after buying an additional 121,211 shares in the last quarter. 63.08% of the stock is currently owned by hedge funds and other institutional investors.

Autohome Trading Down 0.6%

NYSE:ATHM opened at $16.39 on Thursday. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 9.99 and a beta of 0.26. The company’s 50-day moving average is $17.94 and its two-hundred day moving average is $20.75. Autohome Inc. has a 12-month low of $16.06 and a 12-month high of $29.92.

Autohome (NYSE:ATHM) last released its earnings results on Sunday, February 15th. The information services provider reported $0.09 earnings per share (EPS) for the quarter. Autohome had a net margin of 21.43% and a return on equity of 5.94%. The company had revenue of $208.96 million for the quarter. On average, equities research analysts forecast that Autohome Inc. will post 1.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on ATHM shares. Benchmark reiterated a “hold” rating on shares of Autohome in a research report on Tuesday, February 24th. HSBC lowered shares of Autohome from a “buy” rating to a “hold” rating and set a $17.30 price objective on the stock. in a research report on Thursday, May 14th. Wall Street Zen lowered shares of Autohome from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Zacks Research upgraded shares of Autohome from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Weiss Ratings lowered shares of Autohome from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 20th. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Autohome has a consensus rating of “Reduce” and an average price target of $22.65.

Autohome Company 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.