Sanctuary Advisors LLC Has $505,000 Stock Holdings in Autohome Inc. (NYSE:ATHM)

Sanctuary Advisors LLC increased its stake in shares of Autohome Inc. (NYSE:ATHM) by 16.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 15,488 shares of the information services provider’s stock after buying an additional 2,221 shares during the period. Sanctuary Advisors LLC’s holdings in Autohome were worth $505,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Atlas Capital Advisors LLC bought a new stake in shares of Autohome during the second quarter worth approximately $28,000. DekaBank Deutsche Girozentrale grew its holdings in Autohome by 93.9% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 5,397 shares of the information services provider’s stock valued at $146,000 after buying an additional 2,614 shares in the last quarter. Van ECK Associates Corp increased its position in Autohome by 23.5% during the 2nd quarter. Van ECK Associates Corp now owns 7,098 shares of the information services provider’s stock worth $195,000 after buying an additional 1,351 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of Autohome during the second quarter worth $208,000. Finally, Vontobel Holding Ltd. bought a new stake in shares of Autohome in the third quarter valued at about $219,000. Institutional investors and hedge funds own 63.08% of the company’s stock.

Wall Street Analysts Forecast Growth

ATHM has been the topic of a number of recent research reports. Hsbc Global Res raised shares of Autohome to a “strong-buy” rating in a research report on Thursday, October 3rd. StockNews.com downgraded shares of Autohome from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th. CLSA downgraded Autohome from an “outperform” rating to a “hold” rating in a research report on Thursday, October 24th. Finally, The Goldman Sachs Group upgraded Autohome to a “hold” rating in a research report on Wednesday, December 11th. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to MarketBeat, Autohome currently has an average rating of “Hold” and an average target price of $28.00.

Autohome Trading Up 0.3 %

NYSE ATHM opened at $26.45 on Thursday. The firm’s 50 day simple moving average is $28.04 and its 200 day simple moving average is $27.45. The firm has a market capitalization of $3.20 billion, a price-to-earnings ratio of 13.16 and a beta of 0.20. Autohome Inc. has a 1 year low of $21.89 and a 1 year high of $34.70.

Autohome Increases Dividend

The firm also recently announced a Variable dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, December 31st will be issued a $1.15 dividend. This represents a dividend yield of 5.8%. The ex-dividend date of this dividend is Tuesday, December 31st. This is an increase from Autohome’s previous Variable dividend of $0.57. Autohome’s dividend payout ratio (DPR) is currently 83.58%.

Autohome announced that its board has authorized a share repurchase plan on Wednesday, September 4th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the information services provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

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.