Andra AP fonden Sells 6,100 Shares of Autohome Inc. (NYSE:ATHM)

Andra AP fonden decreased its holdings in shares of Autohome Inc. (NYSE:ATHM) by 2.5% during the 2nd quarter, Holdings Channel reports. The firm owned 236,700 shares of the information services provider’s stock after selling 6,100 shares during the quarter. Andra AP fonden’s holdings in Autohome were worth $6,902,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Atlas Capital Advisors LLC bought a new stake in Autohome in the first quarter valued at $54,000. FMR LLC increased its position in Autohome by 169.4% in the 2nd quarter. FMR LLC now owns 1,770 shares of the information services provider’s stock valued at $70,000 after buying an additional 1,113 shares in the last quarter. Van ECK Associates Corp acquired a new position in Autohome during the 2nd quarter worth approximately $73,000. PNC Financial Services Group Inc. boosted its holdings in Autohome by 344.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,602 shares of the information services provider’s stock worth $110,000 after acquiring an additional 2,791 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in Autohome by 75.3% in the first quarter. Captrust Financial Advisors now owns 3,752 shares of the information services provider’s stock valued at $116,000 after acquiring an additional 1,612 shares during the period. Institutional investors and hedge funds own 48.07% of the company’s stock.

Autohome Stock Performance

Shares of NYSE ATHM opened at $27.21 on Tuesday. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 11.73 and a beta of 0.24. Autohome Inc. has a fifty-two week low of $25.84 and a fifty-two week high of $38.91. The firm’s 50-day simple moving average is $28.61 and its 200 day simple moving average is $29.48.

Analysts Set New Price Targets

ATHM has been the topic of a number of research reports. StockNews.com raised Autohome from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. Jefferies Financial Group dropped their price objective on shares of Autohome from $48.00 to $46.00 in a research note on Monday, July 17th.

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.