Athos Capital Ltd reduced its stake in shares of Ehi Car Services Ltd (NYSE:EHIC) by 19.2% in the 3rd quarter, Holdings Channel reports. The firm owned 614,803 shares of the company’s stock after selling 145,976 shares during the quarter. Ehi Car Services makes up 3.7% of Athos Capital Ltd’s portfolio, making the stock its 7th largest position. Athos Capital Ltd’s holdings in Ehi Car Services were worth $6,978,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. Renaissance Technologies LLC grew its stake in Ehi Car Services by 142.1% in the 2nd quarter. Renaissance Technologies LLC now owns 1,345,100 shares of the company’s stock worth $17,432,000 after acquiring an additional 789,492 shares during the period. Wolverine Asset Management LLC purchased a new stake in Ehi Car Services in the 2nd quarter worth approximately $4,915,000. City Financial Investment Co Ltd purchased a new stake in Ehi Car Services in the 3rd quarter worth approximately $3,826,000. Public Employees Retirement System of Ohio grew its stake in Ehi Car Services by 2,199.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 234,500 shares of the company’s stock worth $3,039,000 after acquiring an additional 224,300 shares during the period. Finally, Millennium Management LLC grew its stake in Ehi Car Services by 450.3% in the 2nd quarter. Millennium Management LLC now owns 151,796 shares of the company’s stock worth $1,967,000 after acquiring an additional 124,211 shares during the period. Hedge funds and other institutional investors own 23.40% of the company’s stock.
Separately, ValuEngine cut shares of Ehi Car Services from a “buy” rating to a “hold” rating in a research note on Tuesday, September 11th.
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Ehi Car Services Company Profile
eHi Car Services Limited, through its subsidiaries, provides car rental and car services to individuals, and corporate and institutional clients in the People's Republic of China. The company offers self-drive car rental services; and chauffeured car services, including airport pickup and drop-off, inter-office transfers, and other business transportation services, as well as event-driven activities, such as conventions, promotional tours, and special events.
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