Quadrature Capital Ltd Makes New Investment in Autohome Inc. (NYSE:ATHM)

Quadrature Capital Ltd purchased a new position in Autohome Inc. (NYSE:ATHM) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 31,755 shares of the information services provider’s stock, valued at approximately $891,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. FIL Ltd raised its stake in Autohome by 61.9% in the 4th quarter. FIL Ltd now owns 5,661,948 shares of the information services provider’s stock valued at $158,874,000 after purchasing an additional 2,165,574 shares during the last quarter. Krane Funds Advisors LLC raised its position in shares of Autohome by 13.8% in the third quarter. Krane Funds Advisors LLC now owns 2,530,893 shares of the information services provider’s stock valued at $76,813,000 after buying an additional 306,432 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Autohome by 22.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 870,377 shares of the information services provider’s stock valued at $24,423,000 after buying an additional 160,945 shares during the period. Norges Bank acquired a new stake in Autohome during the fourth quarter worth approximately $23,487,000. Finally, Russell Investments Group Ltd. grew its stake in Autohome by 23.9% in the 4th quarter. Russell Investments Group Ltd. now owns 738,975 shares of the information services provider’s stock worth $20,598,000 after acquiring an additional 142,413 shares during the period. 63.08% of the stock is currently owned by hedge funds and other institutional investors.

Autohome Trading Up 0.6 %

Shares of ATHM opened at $27.42 on Friday. Autohome Inc. has a fifty-two week low of $23.81 and a fifty-two week high of $34.10. The stock has a fifty day moving average of $27.16 and a two-hundred day moving average of $26.66.

Autohome (NYSE:ATHM) last released its earnings results on Wednesday, May 8th. The information services provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.48 by $0.03. Autohome had a return on equity of 8.24% and a net margin of 25.69%. The firm had revenue of $222.85 million during the quarter, compared to analyst estimates of $217.23 million. As a group, equities research analysts anticipate that Autohome Inc. will post 2.16 earnings per share for the current year.

Autohome Dividend Announcement

The business also recently announced a Variable dividend, which will be paid on Wednesday, August 21st. Investors of record on Wednesday, July 10th will be given a $0.57 dividend. The ex-dividend date is Wednesday, July 10th. This represents a dividend yield of 6.1%. Autohome’s dividend payout ratio is presently 53.55%.

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.