Leading Securities Co Ltd cut its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report) by 57.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,114 shares of the company’s stock after selling 71,480 shares during the quarter. Atour Lifestyle comprises approximately 42.1% of Leading Securities Co Ltd’s holdings, making the stock its 2nd biggest position. Leading Securities Co Ltd’s holdings in Atour Lifestyle were worth $1,997,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hollencrest Capital Management acquired a new stake in Atour Lifestyle in the second quarter valued at $29,000. Loomis Sayles & Co. L P increased its position in Atour Lifestyle by 322.0% during the second quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock worth $47,000 after buying an additional 1,111 shares during the last quarter. Blue Trust Inc. bought a new stake in Atour Lifestyle in the third quarter valued at approximately $60,000. Asset Management One Co. Ltd. acquired a new stake in shares of Atour Lifestyle in the third quarter valued at approximately $113,000. Finally, Raymond James Financial Inc. bought a new position in shares of Atour Lifestyle during the 2nd quarter worth approximately $118,000. 17.79% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on ATAT shares. Citigroup increased their price target on Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. JPMorgan Chase & Co. assumed coverage on shares of Atour Lifestyle in a report on Wednesday, November 12th. They set an “overweight” rating and a $57.00 target price for the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Finally, CLSA initiated coverage on Atour Lifestyle in a research note on Friday, January 2nd. They set an “outperform” rating and a $49.00 target price on the stock. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $45.30.
Atour Lifestyle Stock Performance
NASDAQ ATAT opened at $37.22 on Monday. The firm’s fifty day moving average price is $39.66 and its two-hundred day moving average price is $38.20. The stock has a market cap of $5.14 billion, a PE ratio of 25.32, a PEG ratio of 0.77 and a beta of 0.80. Atour Lifestyle Holdings Limited Sponsored ADR has a fifty-two week low of $21.50 and a fifty-two week high of $43.17.
Atour Lifestyle (NASDAQ:ATAT – Get Free Report) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. The company had revenue of $368.95 million for the quarter, compared to the consensus estimate of $340.27 million. Atour Lifestyle had a return on equity of 44.62% and a net margin of 16.21%. As a group, sell-side analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 earnings per share for the current fiscal year.
Atour Lifestyle Cuts Dividend
The company also recently declared an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 5th were paid a dividend of $0.36 per share. This represents a dividend yield of 84.0%. The ex-dividend date of this dividend was Friday, December 5th. Atour Lifestyle’s dividend payout ratio (DPR) is presently 22.45%.
Atour Lifestyle Profile
Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company’s core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.
In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.
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