California Public Employees Retirement System Has $3 Million Stake in Autohome Inc. (NYSE:ATHM)

California Public Employees Retirement System lessened its holdings in shares of Autohome Inc. (NYSE:ATHM) by 3.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 106,795 shares of the information services provider’s stock after selling 3,260 shares during the period. California Public Employees Retirement System’s holdings in Autohome were worth $2,997,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its position in Autohome by 98.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,468 shares of the information services provider’s stock worth $75,000 after purchasing an additional 1,226 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Autohome by 70.4% during the third quarter. Van ECK Associates Corp now owns 4,293 shares of the information services provider’s stock worth $130,000 after acquiring an additional 1,774 shares during the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Autohome by 36.8% during the third quarter. DekaBank Deutsche Girozentrale now owns 4,998 shares of the information services provider’s stock worth $152,000 after acquiring an additional 1,345 shares during the last quarter. Vontobel Holding Ltd. acquired a new position in shares of Autohome during the fourth quarter valued at $220,000. Finally, O Shaughnessy Asset Management LLC bought a new position in Autohome in the third quarter valued at about $296,000. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Autohome Trading Up 1.7 %

Shares of NYSE:ATHM opened at $26.90 on Monday. Autohome Inc. has a 1-year low of $23.81 and a 1-year high of $34.10. The stock has a market capitalization of $3.38 billion, a P/E ratio of 12.57 and a beta of 0.22. The business has a 50-day moving average price of $25.99 and a two-hundred day moving average price of $26.39.

Autohome (NYSE:ATHM) last announced its quarterly earnings data on Tuesday, February 6th. The information services provider reported $0.52 earnings per share for the quarter, meeting the consensus estimate of $0.52. Autohome had a net margin of 26.14% and a return on equity of 8.23%. The business had revenue of $269.22 million for the quarter, compared to analyst estimates of $264.99 million. As a group, equities analysts predict that Autohome Inc. will post 2.24 EPS for the current year.

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.