Autohome Inc (NYSE:ATHM) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $74.40 and last traded at $73.71, with a volume of 413000 shares trading hands. The stock had previously closed at $73.30.

Several brokerages recently issued reports on ATHM. Zacks Investment Research cut Autohome from a “buy” rating to a “hold” rating in a research note on Friday, September 15th. Benchmark upped their target price on Autohome from $65.00 to $76.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Deutsche Bank upped their target price on Autohome from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, November 7th. Citigroup assumed coverage on Autohome in a research note on Tuesday, January 2nd. They set a “buy” rating and a $83.00 target price for the company. Finally, BidaskClub cut Autohome from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 30th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $68.97.

The company has a market cap of $9,150.00, a P/E ratio of 35.29 and a beta of 2.06.

The firm also recently announced a special dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Thursday, January 4th will be paid a dividend of $0.76 per share. The ex-dividend date of this dividend is Wednesday, January 3rd.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisor Group Inc. lifted its stake in Autohome by 100.4% during the third quarter. Advisor Group Inc. now owns 1,826 shares of the information services provider’s stock worth $110,000 after purchasing an additional 915 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of Autohome by 0.8% during the second quarter. California Public Employees Retirement System now owns 154,400 shares of the information services provider’s stock worth $7,004,000 after buying an additional 1,200 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of Autohome by 4.3% during the second quarter. Stifel Financial Corp now owns 53,869 shares of the information services provider’s stock worth $2,444,000 after buying an additional 2,230 shares in the last quarter. DekaBank Deutsche Girozentrale increased its holdings in shares of Autohome by 176.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 3,530 shares of the information services provider’s stock worth $1,027,000 after buying an additional 2,251 shares in the last quarter. Finally, Neuberger Berman Group LLC increased its holdings in shares of Autohome by 6.0% during the second quarter. Neuberger Berman Group LLC now owns 42,382 shares of the information services provider’s stock worth $1,922,000 after buying an additional 2,385 shares in the last quarter. Hedge funds and other institutional investors own 38.84% of the company’s stock.

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About Autohome

Autohome Inc is an online destination for automobile consumers in China. The Company is engaged in the provision of online advertising and dealer subscription services in the People’s Republic of China (PRC). The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners.

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