Autohome (NYSE:ATHM) Rating Lowered to Hold at StockNews.com

Autohome (NYSE:ATHM) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Monday.

Several other research analysts have also recently issued reports on ATHM. The Goldman Sachs Group raised Autohome to a “hold” rating in a research note on Wednesday, December 11th. CLSA downgraded shares of Autohome from an “outperform” rating to a “hold” rating in a research report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $28.00.

Autohome Trading Up 0.2 %

ATHM opened at $27.88 on Monday. Autohome has a twelve month low of $21.89 and a twelve month high of $34.70. The stock has a market cap of $3.38 billion, a PE ratio of 13.87 and a beta of 0.18. The business’s 50 day moving average is $27.08 and its 200-day moving average is $27.33.

Institutional Trading of Autohome

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. North of South Capital LLP raised its holdings in shares of Autohome by 16.3% during the fourth quarter. North of South Capital LLP now owns 1,965,350 shares of the information services provider’s stock valued at $51,001,000 after acquiring an additional 274,974 shares during the period. Alberta Investment Management Corp grew its position in Autohome by 3.5% during the 4th quarter. Alberta Investment Management Corp now owns 254,139 shares of the information services provider’s stock worth $6,595,000 after purchasing an additional 8,545 shares in the last quarter. Rhumbline Advisers raised 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 valued at $357,000 after purchasing an additional 420 shares during the period. Vontobel Holding Ltd. raised its stake in Autohome by 27.4% during 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 period. Finally, Asset Management One Co. Ltd. lifted its holdings in shares of Autohome by 37.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider’s stock valued at $261,000 after purchasing an additional 2,652 shares in the last quarter. 63.08% of the stock is owned by institutional investors and hedge funds.

About Autohome

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.