Autohome Inc. $ATHM Shares Sold by Aberdeen Group plc

Aberdeen Group plc decreased its position in Autohome Inc. (NYSE:ATHM) by 69.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 365,880 shares of the information services provider’s stock after selling 815,061 shares during the period. Aberdeen Group plc owned about 0.31% of Autohome worth $9,447,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ATHM. Signaturefd LLC boosted its stake in shares of Autohome by 40.6% during the second quarter. Signaturefd LLC now owns 1,466 shares of the information services provider’s stock valued at $38,000 after acquiring an additional 423 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Autohome by 2,671.8% during the first quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider’s stock valued at $55,000 after acquiring an additional 1,897 shares during the last quarter. Guinness Asset Management LTD boosted its stake in shares of Autohome by 147.3% during the first quarter. Guinness Asset Management LTD now owns 1,978 shares of the information services provider’s stock valued at $55,000 after acquiring an additional 1,178 shares during the last quarter. SVB Wealth LLC acquired a new stake in shares of Autohome during the first quarter valued at $57,000. Finally, Parallel Advisors LLC boosted its stake in shares of Autohome by 42.4% during the second quarter. Parallel Advisors LLC now owns 2,212 shares of the information services provider’s stock valued at $57,000 after acquiring an additional 659 shares during the last quarter. Institutional investors and hedge funds own 63.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Autohome in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Autohome presently has an average rating of “Hold” and a consensus price target of $36.00.

Autohome Stock Up 2.3%

Shares of NYSE ATHM opened at $27.44 on Thursday. Autohome Inc. has a fifty-two week low of $23.39 and a fifty-two week high of $32.70. The business has a 50 day moving average price of $28.69 and a two-hundred day moving average price of $27.12. The firm has a market cap of $3.21 billion, a PE ratio of 16.14 and a beta of 0.09.

Autohome Announces Dividend

The company also recently announced a special dividend, which will be paid on Thursday, November 20th. Stockholders of record on Monday, October 20th will be given a $0.59 dividend. The ex-dividend date is Monday, October 20th. This represents a dividend yield of 590.0%. Autohome’s dividend payout ratio (DPR) is presently 100.00%.

Autohome Company 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.