Autohome Inc. (NYSE:ATHM) Stock Holdings Decreased by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC decreased its stake in shares of Autohome Inc. (NYSE:ATHM) by 15.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,066,493 shares of the information services provider’s stock after selling 192,425 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Autohome were worth $27,675,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Bank of Montreal Can lifted its holdings in Autohome by 33.8% during the 3rd quarter. Bank of Montreal Can now owns 105,514 shares of the information services provider’s stock worth $3,484,000 after buying an additional 26,657 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Autohome by 8.3% during the third quarter. BNP Paribas Financial Markets now owns 261,564 shares of the information services provider’s stock worth $8,532,000 after purchasing an additional 19,983 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Autohome by 16.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 31,193 shares of the information services provider’s stock valued at $1,018,000 after purchasing an additional 4,516 shares during the last quarter. State Street Corp raised its holdings in shares of Autohome by 2.0% during the third quarter. State Street Corp now owns 1,382,468 shares of the information services provider’s stock worth $45,096,000 after purchasing an additional 27,501 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of Autohome in the 3rd quarter worth about $784,000. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Autohome Price Performance

NYSE ATHM opened at $27.74 on Monday. The firm has a market capitalization of $3.36 billion, a PE ratio of 14.99 and a beta of 0.20. Autohome Inc. has a 12 month low of $21.89 and a 12 month high of $34.70. The company’s 50 day simple moving average is $28.92 and its 200 day simple moving average is $28.61.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ATHM shares. The Goldman Sachs Group upgraded Autohome to a “hold” rating in a research note on Wednesday, December 11th. StockNews.com cut Autohome from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Finally, JPMorgan Chase & Co. upgraded Autohome from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $24.00 to $36.00 in a research report on Wednesday, March 12th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Autohome presently has an average rating of “Hold” and a consensus target price of $32.00.

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.