Autohome Inc. (NYSE:ATHM) Short Interest Update

Autohome Inc. (NYSE:ATHM) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 2,249,740 shares, a growth of 21.9% from the December 15th total of 1,845,391 shares. Based on an average daily volume of 494,335 shares, the short-interest ratio is presently 4.6 days. Currently, 2.0% of the company’s stock are short sold. Currently, 2.0% of the company’s stock are short sold. Based on an average daily volume of 494,335 shares, the short-interest ratio is presently 4.6 days.

Autohome Trading Down 1.3%

Shares of NYSE:ATHM traded down $0.31 during trading on Tuesday, reaching $22.79. 231,731 shares of the stock were exchanged, compared to its average volume of 403,986. Autohome has a 12 month low of $21.78 and a 12 month high of $32.70. The stock has a 50-day moving average price of $23.37 and a 200-day moving average price of $26.25. The firm has a market cap of $2.66 billion, a PE ratio of 13.38 and a beta of 0.08.

Autohome Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, February 19th. Shareholders of record on Wednesday, December 31st will be issued a $1.20 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. Autohome’s dividend payout ratio is currently 102.94%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Zacks Research upgraded shares of Autohome from a “strong sell” rating to a “hold” rating in a report on Friday, January 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Autohome in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. lowered Autohome from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $36.00 to $28.00 in a report on Wednesday, October 29th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $28.00.

Institutional Investors Weigh In On Autohome

Hedge funds and other institutional investors have recently made changes to their positions in the business. Long Corridor Asset Management Ltd raised its position in shares of Autohome by 72.5% in the 2nd quarter. Long Corridor Asset Management Ltd now owns 557,359 shares of the information services provider’s stock valued at $14,374,000 after buying an additional 234,276 shares in the last quarter. KBC Group NV boosted its position in shares of Autohome by 19.5% during the 2nd quarter. KBC Group NV now owns 93,681 shares of the information services provider’s stock worth $2,416,000 after acquiring an additional 15,272 shares in the last quarter. Schroder Investment Management Group increased its stake in Autohome by 32.0% in the second quarter. Schroder Investment Management Group now owns 1,215,213 shares of the information services provider’s stock valued at $31,340,000 after acquiring an additional 294,701 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. increased its stake in Autohome by 40.5% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 56,220 shares of the information services provider’s stock valued at $1,450,000 after acquiring an additional 16,212 shares during the last quarter. Finally, Marex Group plc acquired a new position in Autohome during the second quarter valued at approximately $1,290,000. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Autohome Company Profile

Autohome Inc (NYSE: ATHM) operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.

In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.