Autohome Inc. (NYSE:ATHM) Given Consensus Rating of “Hold” by Analysts

Autohome Inc. (NYSE:ATHM) has been assigned a consensus recommendation of “Hold” from the five analysts that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $28.00.

ATHM has been the topic of several analyst reports. StockNews.com raised shares of Autohome from a “hold” rating to a “buy” rating in a report on Thursday, January 16th. The Goldman Sachs Group upgraded Autohome to a “hold” rating in a research note on Wednesday, December 11th. Finally, CLSA lowered shares of Autohome from an “outperform” rating to a “hold” rating in a research report on Thursday, October 24th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ATHM. Vontobel Holding Ltd. acquired a new position in Autohome in the 3rd quarter worth approximately $219,000. BlueCrest Capital Management Ltd purchased a new stake in shares of Autohome in the 3rd quarter valued at $228,000. Asset Management One Co. Ltd. increased its stake in shares of Autohome by 37.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider’s stock worth $261,000 after acquiring an additional 2,652 shares during the period. Ritholtz Wealth Management raised its holdings in shares of Autohome by 8.1% during the fourth quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider’s stock worth $270,000 after purchasing an additional 778 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in Autohome by 31.2% during the third quarter. Van ECK Associates Corp now owns 9,310 shares of the information services provider’s stock valued at $304,000 after purchasing an additional 2,212 shares during the period. 63.08% of the stock is currently owned by hedge funds and other institutional investors.

Autohome Stock Performance

NYSE:ATHM opened at $27.93 on Friday. The company’s 50-day simple moving average is $27.06 and its 200-day simple moving average is $27.32. Autohome has a fifty-two week low of $21.89 and a fifty-two week high of $34.70. The stock has a market capitalization of $3.38 billion, a P/E ratio of 13.90 and a beta of 0.18.

Autohome Increases Dividend

The company also recently declared a Variable dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $1.15 per share. This represents a yield of 5.8%. The ex-dividend date is Tuesday, December 31st. This is an increase from Autohome’s previous Variable dividend of $0.57. Autohome’s payout ratio is presently 83.58%.

About Autohome

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.