Kayne Anderson Rudnick Investment Management Has Upped Its Autohome (ATHM) Position; AGRICULTURAL BANK OF CHINA ORDINARY SHAR (ACGBF) SI Increased By 74.13%

April 16, 2018 - By Linda Rogers

Agricultural Bank of China Limited (OTCMKTS:ACGBF) Logo

Kayne Anderson Rudnick Investment Management Llc increased Autohome Inc (ATHM) stake by 10.74% reported in 2017Q4 SEC filing. Kayne Anderson Rudnick Investment Management Llc acquired 849,465 shares as Autohome Inc (ATHM)’s stock rose 31.30%. The Kayne Anderson Rudnick Investment Management Llc holds 8.76 million shares with $566.35 million value, up from 7.91 million last quarter. Autohome Inc now has $11.46 billion valuation. The stock increased 3.25% or $3.07 during the last trading session, reaching $97.58. About 251,783 shares traded. Autohome Inc. (NYSE:ATHM) has risen 162.88% since April 16, 2017 and is uptrending. It has outperformed by 151.33% the S&P500.

AGRICULTURAL BANK OF CHINA ORDINARY SHAR (OTCMKTS:ACGBF) had an increase of 74.13% in short interest. ACGBF’s SI was 8.59 million shares in April as released by FINRA. Its up 74.13% from 4.94M shares previously. With 163,100 avg volume, 53 days are for AGRICULTURAL BANK OF CHINA ORDINARY SHAR (OTCMKTS:ACGBF)’s short sellers to cover ACGBF’s short positions. The SI to AGRICULTURAL BANK OF CHINA ORDINARY SHAR’s float is 0.01%. The stock decreased 1.71% or $0.01 during the last trading session, reaching $0.57. About 1,000 shares traded. Agricultural Bank of China Limited (OTCMKTS:ACGBF) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Agricultural Bank of China Limited provides corporate and retail banking services and products in the Mainland China and internationally. The company has market cap of $159.90 billion. It operates through Corporate Banking, Personal Banking, and Treasury Operations divisions. It has a 6.33 P/E ratio. The companyÂ’s deposit products include demand, call, foreign currency time, foreign currency call, time or demand optional, foreign exchange demand, foreign exchange call, savings, foreign exchange time, agreed-term, and negotiated deposits; and loans comprise housing, consumer, business, fixed asset, working capital, real estate, entrusted syndicated, and small enterprise loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts.

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. Benchmark maintained Autohome Inc. (NYSE:ATHM) rating on Wednesday, November 8. Benchmark has “Buy” rating and $76.0 target. The rating was downgraded by Credit Suisse on Tuesday, June 28 to “Underperform”. The rating was reinitiated by CLSA on Monday, February 22 with “Underperform”. The stock of Autohome Inc. (NYSE:ATHM) has “Neutral” rating given on Wednesday, August 31 by JP Morgan. Credit Agricole downgraded Autohome Inc. (NYSE:ATHM) on Monday, February 22 to “Underperform” rating. The company was initiated on Thursday, October 29 by Citigroup. The stock has “Buy” rating by Brean Capital on Monday, June 6. The rating was initiated by JP Morgan on Tuesday, February 23 with “Neutral”. The company was upgraded on Wednesday, October 7 by UBS. The firm has “Buy” rating by Benchmark given on Thursday, August 10.

Kayne Anderson Rudnick Investment Management Llc decreased Cnooc Ltd (NYSE:CEO) stake by 4,165 shares to 4,847 valued at $696,000 in 2017Q4. It also reduced Priceline Grp (NASDAQ:PCLN) stake by 11,211 shares and now owns 9,861 shares. Ishares Trust (IVV) was reduced too.

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