Autohome Inc. $ATHM Stock Sold by North of South Capital LLP

North of South Capital LLP cut its position in Autohome Inc. (NYSE:ATHM) by 5.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,251,895 shares of the information services provider’s stock after selling 176,293 shares during the quarter. Autohome accounts for 4.8% of North of South Capital LLP’s portfolio, making the stock its 9th largest position. North of South Capital LLP owned 2.82% of Autohome worth $69,103,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. purchased a new stake in Autohome during the 3rd quarter worth $12,420,000. First Trust Advisors LP purchased a new position in Autohome in the 1st quarter valued at about $5,714,000. Public Employees Retirement System of Ohio purchased a new position in Autohome in the 2nd quarter valued at about $5,293,000. Bank of America Corp DE boosted its position in Autohome by 159.7% in the 1st quarter. Bank of America Corp DE now owns 364,818 shares of the information services provider’s stock valued at $6,337,000 after buying an additional 224,318 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of Autohome during the first quarter valued at about $2,418,000. 63.08% of the stock is owned by institutional investors and hedge funds.

Autohome Trading Up 1.1%

NYSE ATHM traded up $0.23 during trading hours on Friday, reaching $21.77. 183,301 shares of the company traded hands, compared to its average volume of 368,664. The company has a 50 day moving average of $21.03 and a two-hundred day moving average of $20.02. The stock has a market capitalization of $2.51 billion, a PE ratio of 23.16 and a beta of 0.36. Autohome Inc. has a 12 month low of $15.57 and a 12 month high of $24.79.

Autohome (NYSE:ATHM) last issued its earnings results on Wednesday, November 4th. The information services provider reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.07. Autohome had a net margin of 14.23% and a return on equity of 4.07%. The business had revenue of $196.12 million for the quarter, compared to analyst estimates of $189.93 million. During the same quarter in the prior year, the business posted $3.45 EPS. The company’s revenue for the quarter was down 26.0% on a year-over-year basis. On average, equities research analysts anticipate that Autohome Inc. will post 1.20 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ATHM. Bank of America lowered Autohome from a “neutral” rating to an “underperform” rating and set a $19.00 target price on the stock. in a research report on Tuesday, August 18th. Jefferies Financial Group reissued a “buy” rating and issued a $26.50 price target on shares of Autohome in a report on Wednesday, October 14th. Zacks Research downgraded Autohome from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Weiss Ratings upgraded Autohome from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, September 22nd. Finally, Wall Street Zen upgraded Autohome from a “sell” rating to a “hold” rating in a report on Sunday. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $19.95.

Insider Activity at Autohome

In other Autohome news, CTO Bibo Xiang sold 5,588 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $5.29, for a total transaction of $29,560.52. Following the sale, the chief technology officer owned 56,780 shares in the company, valued at $300,366.20. This represents a 8.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Quan Long sold 34,400 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $5.29, for a total value of $181,976.00. Following the sale, the director owned 175,984 shares in the company, valued at $930,955.36. The trade was a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,304 shares of company stock valued at $260,818 over the last three months. 5.70% of the stock is owned by insiders.

Autohome Company Profile

Autohome Inc. operates online platforms focused on the automotive market in China. Through its websites and mobile applications, the company connects consumers with vehicle information and automotive businesses. Its platforms provide car reviews, news, model specifications, pricing information, photos, videos and user discussions. Autohome also offers automakers and dealers advertising, marketing, customer-lead generation and data services. Founded in 2005, Autohome serves consumers and automotive businesses across China.