BNP Paribas Financial Markets Cuts Stock Position in Autohome Inc. (NYSE:ATHM)

BNP Paribas Financial Markets cut its holdings in shares of Autohome Inc. (NYSE:ATHM) by 26.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 215,543 shares of the information services provider’s stock after selling 76,025 shares during the period. BNP Paribas Financial Markets owned about 0.17% of Autohome worth $5,652,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Parallel Advisors LLC grew its position in shares of Autohome by 99.4% during the fourth quarter. Parallel Advisors LLC now owns 1,318 shares of the information services provider’s stock worth $37,000 after buying an additional 657 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in Autohome by 24.2% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 4,676 shares of the information services provider’s stock valued at $123,000 after purchasing an additional 912 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Autohome by 19.4% in the fourth quarter. Van ECK Associates Corp now owns 5,124 shares of the information services provider’s stock valued at $144,000 after purchasing an additional 831 shares in the last quarter. Vontobel Holding Ltd. acquired a new position in Autohome in the fourth quarter valued at approximately $220,000. Finally, Diversified Trust Co acquired a new stake in shares of Autohome in the third quarter valued at approximately $404,000. 63.08% of the stock is currently owned by hedge funds and other institutional investors.

Autohome Price Performance

ATHM stock opened at $28.15 on Friday. Autohome Inc. has a twelve month low of $23.81 and a twelve month high of $34.10. The business has a 50 day simple moving average of $27.87 and a 200-day simple moving average of $26.69.

Autohome (NYSE:ATHM) last released its quarterly earnings results on Wednesday, May 8th. The information services provider reported $0.51 EPS for the quarter, topping the consensus estimate of $0.48 by $0.03. Autohome had a return on equity of 8.24% and a net margin of 25.69%. The business had revenue of $222.85 million during the quarter, compared to analysts’ expectations of $217.23 million. On average, equities analysts anticipate that Autohome Inc. will post 2.16 earnings per share for the current fiscal year.

Autohome Dividend Announcement

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

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.