Hexavest Inc. Has $1.82 Million Stock Position in Autohome Inc (NYSE:ATHM)

Share on StockTwits

Hexavest Inc. grew its position in Autohome Inc (NYSE:ATHM) by 11.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,894 shares of the information services provider’s stock after buying an additional 2,274 shares during the quarter. Hexavest Inc.’s holdings in Autohome were worth $1,820,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Kavar Capital Partners LLC acquired a new position in shares of Autohome in the second quarter worth about $70,000. Assetmark Inc. boosted its holdings in shares of Autohome by 75.3% in the second quarter. Assetmark Inc. now owns 829 shares of the information services provider’s stock worth $71,000 after buying an additional 356 shares during the period. Atlas Capital Advisors LLC acquired a new position in shares of Autohome in the second quarter worth about $95,000. SevenBridge Financial Group LLC boosted its holdings in shares of Autohome by 26.3% in the second quarter. SevenBridge Financial Group LLC now owns 1,192 shares of the information services provider’s stock worth $102,000 after buying an additional 248 shares during the period. Finally, Westwood Holdings Group Inc. acquired a new stake in shares of Autohome during the second quarter worth approximately $113,000. Institutional investors own 54.16% of the company’s stock.

ATHM stock opened at $84.75 on Friday. The stock has a market cap of $9.73 billion, a P/E ratio of 20.01, a P/E/G ratio of 1.08 and a beta of 1.35. The firm has a 50 day simple moving average of $87.85 and a 200 day simple moving average of $92.03. Autohome Inc has a 52 week low of $61.43 and a 52 week high of $117.99.

Autohome (NYSE:ATHM) last posted its earnings results on Wednesday, August 7th. The information services provider reported $1.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.03 by $0.01. The firm had revenue of $336.30 million during the quarter, compared to analysts’ expectations of $331.00 million. Autohome had a net margin of 39.33% and a return on equity of 29.47%. The company’s revenue was up 19.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.88 earnings per share. On average, analysts predict that Autohome Inc will post 3.85 EPS for the current fiscal year.

Several analysts recently commented on ATHM shares. JPMorgan Chase & Co. set a $75.00 price target on shares of Autohome and gave the stock a “hold” rating in a report on Monday, August 12th. Macquarie set a $105.00 price target on shares of Autohome and gave the stock a “buy” rating in a report on Thursday, July 4th. Mizuho started coverage on shares of Autohome in a report on Friday, September 6th. They set a “neutral” rating and a $84.10 price target for the company. Sanford C. Bernstein started coverage on shares of Autohome in a report on Thursday, June 27th. They set an “outperform” rating and a $110.00 price target for the company. Finally, Zacks Investment Research upgraded shares of Autohome from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $103.51.

Autohome Profile

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.

Read More: What is Depreciation?

Institutional Ownership by Quarter for Autohome (NYSE:ATHM)

Receive News & Ratings for Autohome Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autohome and related companies with MarketBeat.com's FREE daily email newsletter.