Jane Street Group LLC Purchases 36,193 Shares of Autohome Inc. (NYSE:ATHM)

Jane Street Group LLC grew its position in Autohome Inc. (NYSE:ATHM) by 150.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,237 shares of the information services provider’s stock after purchasing an additional 36,193 shares during the quarter. Jane Street Group LLC’s holdings in Autohome were worth $1,563,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in Autohome by 3.1% during the fourth quarter. JPMorgan Chase & Co. now owns 159,800 shares of the information services provider’s stock worth $4,147,000 after acquiring an additional 4,812 shares during the period. Vontobel Holding Ltd. increased its position in Autohome by 27.4% during the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider’s stock worth $222,000 after acquiring an additional 1,841 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Autohome by 15.1% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 108,173 shares of the information services provider’s stock worth $2,807,000 after buying an additional 14,200 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in Autohome by 140.5% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,718,761 shares of the information services provider’s stock worth $44,602,000 after buying an additional 1,004,043 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its stake in Autohome by 37.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider’s stock worth $261,000 after buying an additional 2,652 shares in the last quarter. Institutional investors own 63.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Autohome from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. StockNews.com downgraded shares of Autohome from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Autohome presently has an average rating of “Hold” and a consensus target price of $32.00.

Autohome Price Performance

Shares of ATHM stock opened at $25.60 on Monday. The stock has a market cap of $3.07 billion, a PE ratio of 13.84 and a beta of 0.02. The stock has a 50-day moving average of $27.09 and a 200-day moving average of $27.55. Autohome Inc. has a one year low of $21.89 and a one year high of $34.70.

Autohome (NYSE:ATHM) last posted its earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. The business had revenue of $244.33 million during the quarter, compared to analysts’ expectations of $243.26 million. Autohome had a return on equity of 7.79% and a net margin of 23.02%. As a group, research analysts anticipate that Autohome Inc. will post 1.84 earnings per share for the current year.

Autohome 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.