Sanctuary Advisors LLC Purchases 2,221 Shares of Autohome Inc. (NYSE:ATHM)

Sanctuary Advisors LLC lifted its position in shares of Autohome Inc. (NYSE:ATHM) by 16.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,488 shares of the information services provider’s stock after acquiring an additional 2,221 shares during the quarter. Sanctuary Advisors LLC’s holdings in Autohome were worth $505,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Atlas Capital Advisors LLC acquired a new stake in shares of Autohome during the second quarter valued at about $28,000. DekaBank Deutsche Girozentrale boosted its position in Autohome by 93.9% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 5,397 shares of the information services provider’s stock worth $146,000 after buying an additional 2,614 shares during the period. Van ECK Associates Corp grew its holdings in Autohome by 23.5% during the 2nd quarter. Van ECK Associates Corp now owns 7,098 shares of the information services provider’s stock worth $195,000 after acquiring an additional 1,351 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Autohome in the 2nd quarter valued at approximately $208,000. Finally, Vontobel Holding Ltd. bought a new position in shares of Autohome during the third quarter valued at $219,000. Institutional investors own 63.08% of the company’s stock.

Wall Street Analyst Weigh In

ATHM has been the topic of several analyst reports. StockNews.com cut shares of Autohome from a “buy” rating to a “hold” rating in a research note on Tuesday, November 19th. CLSA lowered Autohome from an “outperform” rating to a “hold” rating in a research report on Thursday, October 24th. Hsbc Global Res upgraded Autohome to a “strong-buy” rating in a research report on Thursday, October 3rd. Finally, The Goldman Sachs Group upgraded Autohome to a “hold” rating in a report on Wednesday, December 11th. Five equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Autohome currently has a consensus rating of “Hold” and an average target price of $28.00.

Autohome Trading Up 0.3 %

Shares of ATHM opened at $26.45 on Thursday. The firm’s fifty day simple moving average is $28.04 and its two-hundred day simple moving average is $27.45. Autohome Inc. has a 12 month low of $21.89 and a 12 month high of $34.70. The stock has a market capitalization of $3.20 billion, a P/E ratio of 13.16 and a beta of 0.20.

Autohome Increases Dividend

The firm also recently announced a Variable dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, December 31st will be paid a dividend of $1.15 per share. The ex-dividend date is Tuesday, December 31st. This represents a yield of 5.8%. This is a boost from Autohome’s previous Variable dividend of $0.57. Autohome’s dividend payout ratio (DPR) is currently 83.58%.

Autohome declared that its board has initiated a share repurchase program on Wednesday, September 4th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the information services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

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.