Jupiter Asset Management Ltd. Has $2.24 Million Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Jupiter Asset Management Ltd. lowered its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 90.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 56,934 shares of the company’s stock after selling 528,056 shares during the period. Jupiter Asset Management Ltd.’s holdings in Atour Lifestyle were worth $2,243,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its holdings in Atour Lifestyle by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 106,032 shares of the company’s stock worth $4,178,000 after buying an additional 1,350 shares during the last quarter. Legal & General Group Plc increased its holdings in Atour Lifestyle by 121.8% in the fourth quarter. Legal & General Group Plc now owns 155,165 shares of the company’s stock worth $6,114,000 after buying an additional 85,201 shares during the last quarter. William Blair Investment Management LLC increased its holdings in Atour Lifestyle by 34.8% in the fourth quarter. William Blair Investment Management LLC now owns 255,330 shares of the company’s stock worth $10,060,000 after buying an additional 65,849 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Atour Lifestyle by 65.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock valued at $32,000 after purchasing an additional 325 shares during the last quarter. Finally, ABN Amro Investment Solutions grew its holdings in Atour Lifestyle by 113.3% during the fourth quarter. ABN Amro Investment Solutions now owns 211,930 shares of the company’s stock valued at $8,350,000 after purchasing an additional 112,591 shares during the last quarter. Institutional investors and hedge funds own 17.79% of the company’s stock.

Analyst Ratings Changes

ATAT has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $45.00 price target on shares of Atour Lifestyle in a report on Tuesday, March 17th. Weiss Ratings downgraded Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Finally, UBS Group reiterated a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Atour Lifestyle presently has a consensus rating of “Moderate Buy” and a consensus target price of $48.00.

Atour Lifestyle Trading Up 0.6%

ATAT opened at $34.34 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $29.81 and a 1-year high of $43.17. The stock has a market capitalization of $4.75 billion, a price-to-earnings ratio of 18.46, a P/E/G ratio of 0.84 and a beta of 0.72. The business has a 50 day moving average of $36.82 and a 200-day moving average of $38.22.

Atour Lifestyle (NASDAQ:ATAT) last issued its earnings results on Wednesday, May 13th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.37 by $0.11. The firm had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%. Equities analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.07 EPS for the current year.

Atour Lifestyle Increases Dividend

The company also recently announced an annual dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 5th will be given a $0.54 dividend. This represents a yield of 140.0%. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date of this dividend is Friday, June 5th. Atour Lifestyle’s dividend payout ratio (DPR) is 17.74%.

Atour Lifestyle Company 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.