From MarketBeat:

Oldfield Partners LLP acquired 224,100 shares of Autohome Inc. valued at $6,801,000, making up 1.0% of their portfolio. Other institutional investors, including Assenagon Asset Management S.A., Los Angeles Capital Management LLC, Giverny Capital Inc., and Great West Life Assurance Co. also increased their stake in Autohome. Handelsbanken Fonder AB holds 414,134 shares, while 48.07% is owned by institutional investors. StockNews.com raised Autohome from a “hold” to a “buy” rating. Autohome stock traded down 1.0% to $27.05 with a market cap of $3.40 billion. They reported an earnings per share of $0.61 and $261.24 million revenue in their latest quarterly earnings report. Autohome has also increased its annual dividend from $0.58 to $1.13 per share, representing a dividend yield of 4.11%. The company has a payout ratio of 48.71%. Autohome Inc operates as an online destination for automobile consumers in China, delivering interactive content through its websites and mobile applications. The news was generated by narrative science technology and financial data from MarketBeat. Autohome currently holds a “Hold” rating, but MarketBeat has identified five top-rated stocks recommended by Wall Street analysts. MarketBeat also has a list of thirteen stocks that institutional investors are quickly buying.



Read more: Oldfield Partners LLP Acquires New Holdings in Autohome Inc. (NYSE:ATHM)