DekaBank Deutsche Girozentrale Sells 2,143 Shares of Autohome Inc. (NYSE:ATHM)

DekaBank Deutsche Girozentrale cut its stake in Autohome Inc. (NYSE:ATHM) by 42.9% during the fourth quarter, HoldingsChannel reports. The firm owned 2,855 shares of the information services provider’s stock after selling 2,143 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Autohome were worth $79,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. grew its holdings in Autohome by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 83,838 shares of the information services provider’s stock worth $2,565,000 after acquiring an additional 310 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in Autohome by 8.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,438 shares of the information services provider’s stock worth $135,000 after acquiring an additional 357 shares in the last quarter. Toroso Investments LLC grew its holdings in Autohome by 2.9% during the 1st quarter. Toroso Investments LLC now owns 15,537 shares of the information services provider’s stock worth $472,000 after acquiring an additional 438 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in Autohome by 17.7% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 3,732 shares of the information services provider’s stock worth $109,000 after acquiring an additional 560 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in Autohome by 4.3% during the 1st quarter. Royal Bank of Canada now owns 13,885 shares of the information services provider’s stock worth $421,000 after acquiring an additional 575 shares in the last quarter. 63.08% of the stock is currently owned by institutional investors.

Autohome Stock Performance

ATHM stock opened at $24.27 on Thursday. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 11.34 and a beta of 0.24. The firm has a 50-day simple moving average of $26.33 and a two-hundred day simple moving average of $26.74. Autohome Inc. has a one year low of $23.81 and a one year high of $34.10.

Autohome (NYSE:ATHM) last released its quarterly earnings results on Tuesday, February 6th. The information services provider reported $0.52 EPS for the quarter, meeting the consensus estimate of $0.52. The business had revenue of $269.22 million during the quarter, compared to analyst estimates of $264.99 million. Autohome had a net margin of 26.14% and a return on equity of 8.23%. As a group, equities analysts predict that Autohome Inc. will post 2.21 earnings per share for the current fiscal year.

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.