Autohome Inc. (NYSE:ATHM) Stock Position Decreased by Franklin Resources Inc.

Franklin Resources Inc. lessened its holdings in Autohome Inc. (NYSE:ATHMFree Report) by 49.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,044 shares of the information services provider’s stock after selling 28,836 shares during the period. Franklin Resources Inc.’s holdings in Autohome were worth $843,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. boosted its position in shares of Autohome by 98.7% in the third quarter. PNC Financial Services Group Inc. now owns 2,468 shares of the information services provider’s stock worth $75,000 after buying an additional 1,226 shares during the period. Van ECK Associates Corp boosted its position in shares of Autohome by 70.4% in the third quarter. Van ECK Associates Corp now owns 4,293 shares of the information services provider’s stock worth $130,000 after buying an additional 1,774 shares during the period. DekaBank Deutsche Girozentrale boosted its position in shares of Autohome by 36.8% in the third quarter. DekaBank Deutsche Girozentrale now owns 4,998 shares of the information services provider’s stock worth $152,000 after buying an additional 1,345 shares during the period. Vontobel Holding Ltd. acquired a new stake in shares of Autohome in the fourth quarter worth $220,000. Finally, O Shaughnessy Asset Management LLC purchased a new stake in shares of Autohome during the third quarter worth $296,000. Institutional investors and hedge funds own 63.08% of the company’s stock.

Autohome Trading Down 0.6 %

Shares of NYSE:ATHM opened at $28.65 on Friday. Autohome Inc. has a 1 year low of $23.81 and a 1 year high of $34.10. The business has a fifty day simple moving average of $27.00 and a 200 day simple moving average of $26.63.

Autohome (NYSE:ATHMGet Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The information services provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.03. Autohome had a return on equity of 8.24% and a net margin of 25.69%. The business had revenue of $222.85 million during the quarter, compared to analyst estimates of $217.23 million. Analysts expect that Autohome Inc. will post 2.2 earnings per share for the current fiscal year.

Autohome Announces Dividend

The business also recently announced a Variable dividend, which will be paid on Wednesday, August 21st. Shareholders of record on Wednesday, July 10th will be issued a dividend of $0.57 per share. The ex-dividend date of this dividend is Wednesday, July 10th. This represents a yield of 6.1%. Autohome’s dividend payout ratio (DPR) is currently 53.55%.

Autohome Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Autohome (NYSE:ATHM)

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