Autohome Inc. (NYSE:ATHM) Shares Acquired by California State Teachers Retirement System

California State Teachers Retirement System boosted its position in shares of Autohome Inc. (NYSE:ATHM) by 4,293.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,989 shares of the information services provider’s stock after buying an additional 23,443 shares during the period. California State Teachers Retirement System’s holdings in Autohome were worth $623,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. increased its holdings in Autohome by 27.4% in the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider’s stock valued at $222,000 after buying an additional 1,841 shares during the last quarter. Walleye Capital LLC acquired a new position in Autohome in the 4th quarter valued at $231,000. Asset Management One Co. Ltd. boosted its position in Autohome by 37.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider’s stock worth $261,000 after purchasing an additional 2,652 shares during the period. Headlands Technologies LLC boosted its position in Autohome by 1,135.5% in the 4th quarter. Headlands Technologies LLC now owns 9,872 shares of the information services provider’s stock valued at $256,000 after buying an additional 9,073 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new position in shares of Autohome during the fourth quarter worth about $257,000. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ATHM has been the topic of several analyst reports. Wall Street Zen upgraded shares of Autohome from a “hold” rating to a “buy” rating in a research note on Tuesday, May 20th. JPMorgan Chase & Co. upgraded shares of Autohome from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $24.00 to $36.00 in a report on Wednesday, March 12th. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Autohome currently has a consensus rating of “Moderate Buy” and an average target price of $32.00.

Autohome Trading Up 0.1%

ATHM opened at $25.96 on Thursday. The company’s 50 day moving average is $25.79 and its 200-day moving average is $27.22. Autohome Inc. has a 1-year low of $21.89 and a 1-year high of $34.70. The company has a market cap of $3.11 billion, a P/E ratio of 14.03 and a beta of 0.02.

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.