SG Americas Securities LLC Increases Stock Holdings in Autohome Inc. $ATHM

SG Americas Securities LLC increased its holdings in shares of Autohome Inc. (NYSE:ATHM) by 210.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,595 shares of the information services provider’s stock after buying an additional 38,341 shares during the quarter. SG Americas Securities LLC’s holdings in Autohome were worth $1,260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ATHM. Krane Funds Advisors LLC grew its stake in Autohome by 25.0% during the 3rd quarter. Krane Funds Advisors LLC now owns 3,387,052 shares of the information services provider’s stock valued at $93,178,000 after purchasing an additional 678,214 shares during the last quarter. Federated Hermes Inc. grew its stake in Autohome by 9.6% during the 3rd quarter. Federated Hermes Inc. now owns 1,526,558 shares of the information services provider’s stock valued at $43,583,000 after purchasing an additional 133,525 shares during the last quarter. North of South Capital LLP grew its stake in Autohome by 3.6% during the 3rd quarter. North of South Capital LLP now owns 2,284,939 shares of the information services provider’s stock valued at $65,235,000 after purchasing an additional 78,978 shares during the last quarter. Schroder Investment Management Group grew its stake in Autohome by 7.3% during the 3rd quarter. Schroder Investment Management Group now owns 1,304,270 shares of the information services provider’s stock valued at $37,237,000 after purchasing an additional 89,057 shares during the last quarter. Finally, Norges Bank purchased a new stake in Autohome during the 2nd quarter valued at about $12,120,000. 63.08% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ATHM. Weiss Ratings reiterated a “hold (c-)” rating on shares of Autohome in a research note on Monday, December 29th. Zacks Research downgraded Autohome from a “hold” rating to a “strong sell” rating in a research note on Friday, February 13th. Finally, Benchmark reiterated a “hold” rating on shares of Autohome in a research note on Tuesday, February 24th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $28.00.

Autohome Stock Up 0.2%

Shares of ATHM opened at $17.52 on Wednesday. Autohome Inc. has a 52 week low of $16.74 and a 52 week high of $29.92. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 10.68 and a beta of 0.20. The stock’s 50-day moving average price is $19.52 and its 200-day moving average price is $22.95.

Autohome (NYSE:ATHM) last issued its quarterly earnings results on Sunday, February 15th. The information services provider reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $208.96 million for the quarter. Autohome had a return on equity of 5.94% and a net margin of 21.43%. As a group, equities analysts anticipate that Autohome Inc. will post 1.84 EPS for the current fiscal year.

About Autohome

Autohome Inc (NYSE: ATHM) operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.

In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.