Segantii Capital Management Ltd Buys New Holdings in Autohome Inc (ATHM)

Segantii Capital Management Ltd bought a new stake in shares of Autohome Inc (NYSE:ATHM) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,576 shares of the information services provider’s stock, valued at approximately $1,007,000.

Several other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in shares of Autohome by 24.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,523 shares of the information services provider’s stock valued at $119,000 after buying an additional 301 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Autohome by 2.1% during the fourth quarter. Principal Financial Group Inc. now owns 15,504 shares of the information services provider’s stock valued at $1,212,000 after buying an additional 313 shares during the last quarter. Financial Gravity Companies Inc. bought a new stake in shares of Autohome during the fourth quarter valued at approximately $35,000. Nomura Asset Management Co. Ltd. raised its holdings in shares of Autohome by 20.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 3,860 shares of the information services provider’s stock valued at $302,000 after buying an additional 660 shares during the last quarter. Finally, Teachers Advisors LLC raised its holdings in shares of Autohome by 2.8% during the third quarter. Teachers Advisors LLC now owns 29,500 shares of the information services provider’s stock valued at $2,284,000 after buying an additional 800 shares during the last quarter. Institutional investors own 52.18% of the company’s stock.

Autohome stock traded down $0.24 during mid-day trading on Friday, hitting $111.70. The company’s stock had a trading volume of 577,515 shares, compared to its average volume of 1,052,577. The firm has a market cap of $13.44 billion, a price-to-earnings ratio of 29.79, a price-to-earnings-growth ratio of 0.90 and a beta of 1.39. Autohome Inc has a twelve month low of $61.43 and a twelve month high of $119.50.

ATHM has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut Autohome from a “neutral” rating to an “underweight” rating and cut their price target for the company from $68.00 to $58.00 in a report on Monday, January 28th. Bank of America raised their price objective on shares of Autohome from $96.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, February 27th. Zacks Investment Research lowered shares of Autohome from a “hold” rating to a “sell” rating in a research note on Thursday, January 31st. ValuEngine lowered shares of Autohome from a “hold” rating to a “sell” rating in a research note on Tuesday, January 15th. Finally, Credit Suisse Group lowered shares of Autohome from an “outperform” rating to a “neutral” rating and raised their price objective for the company from $83.00 to $92.00 in a research note on Wednesday, February 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $91.48.

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Autohome 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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