Autohome (ATHM) Share Price Rose While Contrarius Investment Management LTD Has Cut Stake; Front Barnett Associates Has Upped Amazon.Com (AMZN) Stake by $3.88 Million; Share Price Rose

February 17, 2018 - By Migdalia James

Contrarius Investment Management Ltd decreased its stake in Autohome Inc (ATHM) by 25.03% based on its latest 2017Q3 regulatory filing with the SEC. Contrarius Investment Management Ltd sold 77,211 shares as the company’s stock rose 29.96% with the market. The institutional investor held 231,242 shares of the edp services company at the end of 2017Q3, valued at $13.89M, down from 308,453 at the end of the previous reported quarter. Contrarius Investment Management Ltd who had been investing in Autohome Inc for a number of months, seems to be less bullish one the $9.57B market cap company. The stock decreased 2.84% or $2.41 during the last trading session, reaching $82.59. About 501,099 shares traded. Autohome Inc. (NYSE:ATHM) has risen 72.98% since February 17, 2017 and is uptrending. It has outperformed by 56.28% the S&P500.

Front Barnett Associates Llc increased its stake in Amazon.Com Inc (AMZN) by 70.31% based on its latest 2017Q3 regulatory filing with the SEC. Front Barnett Associates Llc bought 4,035 shares as the company’s stock rose 13.58% with the market. The institutional investor held 9,774 shares of the consumer services company at the end of 2017Q3, valued at $9.40M, up from 5,739 at the end of the previous reported quarter. Front Barnett Associates Llc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $701.32 billion market cap company. The stock decreased 0.89% or $13.07 during the last trading session, reaching $1448.69. About 4.47 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 17, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Among 12 analysts covering Autohome Inc (NYSE:ATHM), 8 have Buy rating, 2 Sell and 2 Hold. Therefore 67% are positive. Autohome Inc had 25 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating by Benchmark given on Thursday, August 10. As per Wednesday, October 7, the company rating was upgraded by UBS. The firm has “Buy” rating given on Tuesday, November 14 by CLSA. The company was initiated on Thursday, October 29 by Citigroup. The stock of Autohome Inc. (NYSE:ATHM) earned “Buy” rating by Citigroup on Tuesday, January 2. HSBC initiated the shares of ATHM in report on Wednesday, January 27 with “Buy” rating. The company was maintained on Wednesday, November 8 by Benchmark. The firm has “Underperform” rating given on Tuesday, June 28 by Credit Suisse. As per Monday, February 22, the company rating was reinitiated by CLSA. The stock has “Underperform” rating by Credit Agricole on Monday, February 22.

Contrarius Investment Management Ltd, which manages about $1.71B US Long portfolio, upped its stake in Tripadvisor Inc (NASDAQ:TRIP) by 183,892 shares to 1.18 million shares, valued at $47.86 million in 2017Q3, according to the filing. It also increased its holding in Range Res Corp (NYSE:RRC) by 30,594 shares in the quarter, for a total of 111,054 shares, and has risen its stake in Noble Corp Plc (NYSE:NE).

Analysts await Autohome Inc. (NYSE:ATHM) to report earnings on March, 1. They expect $0.75 earnings per share, up 59.57% or $0.28 from last year’s $0.47 per share. ATHM’s profit will be $86.91 million for 27.53 P/E if the $0.75 EPS becomes a reality. After $0.54 actual earnings per share reported by Autohome Inc. for the previous quarter, Wall Street now forecasts 38.89% EPS growth.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It turned negative, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Highbridge Capital Limited Liability Co reported 46,355 shares stake. Levin Cap Strategies LP has 1,580 shares. Tradewinds Cap Management Ltd Liability Com holds 1,729 shares or 0.85% of its portfolio. Dana Invest Advsr accumulated 8,717 shares. Telos Mgmt has invested 0.91% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). 58,397 are held by Com National Bank. Arrow Fincl reported 10,954 shares or 2.5% of all its holdings. 3,105 were accumulated by Steinberg Glob Asset Mngmt. Mutual Of America Cap Mngmt owns 51,676 shares. Trustmark Natl Bank Trust Department, Mississippi-based fund reported 489 shares. Rathbone Brothers Public Limited Com reported 3.59% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Adirondack holds 1,799 shares. Moreover, Jacobson And Schmitt Limited Liability Company has 2.77% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 4,329 shares. Shoker Investment Counsel Incorporated has invested 0.24% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Mengis Capital Management Inc invested in 0.2% or 317 shares.

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