Amundi Increases Stake in Autohome Inc. $ATHM

Amundi increased its position in Autohome Inc. (NYSE:ATHM) by 8.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 138,861 shares of the information services provider’s stock after acquiring an additional 10,890 shares during the quarter. Amundi owned about 0.12% of Autohome worth $3,794,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ATHM. Nuveen Asset Management LLC grew its holdings in Autohome by 1.0% during the 4th quarter. Nuveen Asset Management LLC now owns 126,612 shares of the information services provider’s stock valued at $3,286,000 after buying an additional 1,198 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Autohome by 1.7% during the 1st quarter. Bank of New York Mellon Corp now owns 71,083 shares of the information services provider’s stock valued at $1,970,000 after buying an additional 1,198 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in Autohome by 11.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 13,435 shares of the information services provider’s stock valued at $372,000 after buying an additional 1,379 shares in the last quarter. Asset Management One Co. Ltd. grew its holdings in Autohome by 18.1% during the 1st quarter. Asset Management One Co. Ltd. now owns 11,509 shares of the information services provider’s stock valued at $319,000 after buying an additional 1,767 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in Autohome by 2,671.8% during the 1st quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider’s stock valued at $55,000 after buying an additional 1,897 shares in the last quarter. Hedge funds and other institutional investors own 63.08% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Autohome from a “hold” rating to a “buy” rating in a report on Tuesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Autohome has an average rating of “Moderate Buy” and an average target price of $36.00.

Autohome Trading Up 2.8%

Shares of ATHM opened at $29.50 on Friday. The company has a market cap of $3.53 billion, a PE ratio of 17.35 and a beta of 0.01. The stock has a 50-day moving average price of $28.10 and a 200-day moving average price of $27.24. Autohome Inc. has a 12-month low of $23.39 and a 12-month high of $34.70.

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.