Sumitomo Mitsui Trust Holdings Inc. Has $4.96 Million Stock Position in Autohome Inc. (NYSE:ATHM)

Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Autohome Inc. (NYSE:ATHM) by 8.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 189,335 shares of the information services provider’s stock after buying an additional 14,527 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.15% of Autohome worth $4,964,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Parallel Advisors LLC grew its stake in Autohome by 99.4% in the 4th quarter. Parallel Advisors LLC now owns 1,318 shares of the information services provider’s stock valued at $37,000 after buying an additional 657 shares during the last quarter. Van ECK Associates Corp grew its position in shares of Autohome by 19.4% during the 4th quarter. Van ECK Associates Corp now owns 5,124 shares of the information services provider’s stock worth $144,000 after purchasing an additional 831 shares in the last quarter. Vontobel Holding Ltd. acquired a new position in shares of Autohome during the 4th quarter worth approximately $220,000. Diversified Trust Co acquired a new position in shares of Autohome during the 3rd quarter worth approximately $404,000. Finally, Prudential PLC grew its position in shares of Autohome by 61.8% during the 4th quarter. Prudential PLC now owns 22,064 shares of the information services provider’s stock worth $619,000 after purchasing an additional 8,428 shares in the last quarter. Institutional investors and hedge funds own 63.08% of the company’s stock.

Autohome Stock Performance

Shares of NYSE:ATHM opened at $27.61 on Thursday. The company’s 50 day moving average price is $27.83 and its two-hundred day moving average price is $26.68. Autohome Inc. has a 12-month low of $23.81 and a 12-month high of $34.10.

Autohome (NYSE:ATHM) last announced its earnings results on Wednesday, May 8th. The information services provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. Autohome had a net margin of 25.69% and a return on equity of 8.24%. The firm had revenue of $222.85 million for the quarter, compared to analyst estimates of $217.23 million. As a group, sell-side analysts forecast that Autohome Inc. will post 2.16 EPS for the current year.

Autohome Announces Dividend

The company also recently declared a Variable dividend, which will be paid on Wednesday, August 21st. Investors of record on Wednesday, July 10th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Wednesday, July 10th. This represents a dividend yield of 6.1%. Autohome’s dividend payout ratio is 53.55%.

Autohome Company 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.