California Public Employees Retirement System Has $4.49 Million Stock Holdings in Autohome Inc. (NYSE:ATHM)

California Public Employees Retirement System trimmed its position in Autohome Inc. (NYSE:ATHMGet Rating) by 3.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,271 shares of the information services provider’s stock after selling 4,592 shares during the quarter. California Public Employees Retirement System’s holdings in Autohome were worth $4,494,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HM Payson & Co. bought a new stake in shares of Autohome during the first quarter worth approximately $27,000. Desjardins Global Asset Management Inc. acquired a new stake in Autohome during the 2nd quarter worth $46,000. Steward Partners Investment Advisory LLC raised its position in shares of Autohome by 312.7% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 2,014 shares of the information services provider’s stock valued at $61,000 after acquiring an additional 1,526 shares during the last quarter. JJJ Advisors Inc. lifted its stake in shares of Autohome by 47.4% in the 1st quarter. JJJ Advisors Inc. now owns 3,309 shares of the information services provider’s stock valued at $101,000 after purchasing an additional 1,064 shares during the period. Finally, Quadrant Capital Group LLC boosted its position in shares of Autohome by 12.7% in the 1st quarter. Quadrant Capital Group LLC now owns 3,645 shares of the information services provider’s stock worth $111,000 after purchasing an additional 411 shares during the last quarter. 49.95% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ATHM has been the subject of a number of recent analyst reports. StockNews.com upgraded Autohome from a “hold” rating to a “buy” rating in a report on Friday, November 4th. Deutsche Bank Aktiengesellschaft initiated coverage on Autohome in a research note on Friday, August 5th. They issued a “hold” rating for the company. Bank of America upgraded shares of Autohome from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $31.00 to $42.00 in a report on Thursday, August 4th. Jefferies Financial Group cut their target price on shares of Autohome from $56.00 to $49.00 in a report on Monday, October 24th. Finally, Daiwa Capital Markets decreased their price target on shares of Autohome from $46.00 to $43.00 in a report on Wednesday, October 26th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.56.

Autohome Stock Up 0.6 %

Autohome stock opened at $28.29 on Friday. The company has a 50 day moving average of $29.48 and a 200-day moving average of $32.78. Autohome Inc. has a twelve month low of $20.49 and a twelve month high of $40.89. The stock has a market capitalization of $3.55 billion, a PE ratio of 16.07 and a beta of 0.19.

About Autohome

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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.

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Institutional Ownership by Quarter for Autohome (NYSE:ATHM)

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