SIH Partners LLLP Boosts Holdings in Autohome Inc. (NYSE:ATHM)

SIH Partners LLLP boosted its stake in Autohome Inc. (NYSE:ATHM) by 10.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,100 shares of the information services provider’s stock after acquiring an additional 2,600 shares during the period. SIH Partners LLLP’s holdings in Autohome were worth $703,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in ATHM. Rhumbline Advisers grew its stake in 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 buying an additional 420 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 period. Vontobel Holding Ltd. raised its position in 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. Sanctuary Advisors LLC boosted its stake in Autohome by 16.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 15,488 shares of the information services provider’s stock worth $505,000 after purchasing an additional 2,221 shares during the period. Finally, Franklin Resources Inc. grew its position in Autohome by 5.5% during the 4th quarter. Franklin Resources Inc. now owns 43,714 shares of the information services provider’s stock worth $1,134,000 after purchasing an additional 2,266 shares during the last quarter. Hedge funds and other institutional investors own 63.08% of the company’s stock.

Autohome Trading Up 4.8 %

NYSE ATHM opened at $27.07 on Tuesday. The business’s 50 day moving average is $28.25 and its two-hundred day moving average is $28.08. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 14.63 and a beta of 0.16. Autohome Inc. has a 12-month low of $21.89 and a 12-month high of $34.70.

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

Wall Street Analyst Weigh In

ATHM has been the topic of a number of research reports. JPMorgan Chase & Co. raised Autohome from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $24.00 to $36.00 in a report on Wednesday, March 12th. StockNews.com cut Autohome from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $32.00.

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.