Nomura Asset Management Co. Ltd. grew its stake in Autohome Inc (NYSE:ATHM) by 26.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 13,900 shares of the information services provider’s stock after purchasing an additional 2,900 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Autohome were worth $1,404,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of ATHM. Sei Investments Co. grew its position in shares of Autohome by 14.9% in the 2nd quarter. Sei Investments Co. now owns 113,529 shares of the information services provider’s stock worth $11,467,000 after buying an additional 14,740 shares during the period. Virginia Retirement Systems ET AL grew its position in Autohome by 168.3% during the 2nd quarter. Virginia Retirement Systems ET AL now owns 11,000 shares of the information services provider’s stock valued at $1,111,000 after purchasing an additional 6,900 shares during the last quarter. Hikari Power Ltd purchased a new stake in Autohome during the 2nd quarter valued at about $270,000. Aviva PLC grew its position in Autohome by 14.6% during the 2nd quarter. Aviva PLC now owns 14,900 shares of the information services provider’s stock valued at $1,505,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC grew its position in Autohome by 5.2% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 10,941 shares of the information services provider’s stock valued at $1,105,000 after purchasing an additional 538 shares during the last quarter. Institutional investors and hedge funds own 44.26% of the company’s stock.

ATHM has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Autohome from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Bank of America raised shares of Autohome to a “buy” rating in a research report on Wednesday, May 9th. Finally, ValuEngine raised shares of Autohome from a “hold” rating to a “buy” rating in a research report on Wednesday, June 6th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $84.16.

Shares of ATHM stock opened at $77.76 on Tuesday. Autohome Inc has a one year low of $52.93 and a one year high of $119.50. The stock has a market cap of $9.25 billion, a P/E ratio of 26.27 and a beta of 2.07.

Autohome Company 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.

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Institutional Ownership by Quarter for Autohome (NYSE:ATHM)

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