WFM ASIA BVI Ltd Has $124.32 Million Stock Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

WFM ASIA BVI Ltd lifted its stake in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 184.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,155,425 shares of the company’s stock after acquiring an additional 2,045,832 shares during the quarter. Atour Lifestyle comprises 15.4% of WFM ASIA BVI Ltd’s holdings, making the stock its 4th biggest position. WFM ASIA BVI Ltd’s holdings in Atour Lifestyle were worth $124,324,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Baillie Gifford & Co. bought a new stake in shares of Atour Lifestyle during the 4th quarter worth $6,973,000. Prudential PLC boosted its stake in shares of Atour Lifestyle by 15.9% during the 3rd quarter. Prudential PLC now owns 822,347 shares of the company’s stock worth $30,912,000 after acquiring an additional 112,751 shares in the last quarter. AIA Group Ltd boosted its stake in shares of Atour Lifestyle by 822.9% during the 3rd quarter. AIA Group Ltd now owns 99,863 shares of the company’s stock worth $3,754,000 after acquiring an additional 89,043 shares in the last quarter. Headwater Capital Co Ltd purchased a new stake in shares of Atour Lifestyle in the 3rd quarter valued at approximately $6,766,000. Finally, Aberdeen Group plc lifted its position in shares of Atour Lifestyle by 22.7% in the 3rd quarter. Aberdeen Group plc now owns 908,024 shares of the company’s stock valued at $33,937,000 after acquiring an additional 167,730 shares in the last quarter. 17.79% of the stock is owned by institutional investors.

Atour Lifestyle Stock Down 0.4%

ATAT stock opened at $33.37 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $29.81 and a 12-month high of $43.17. The company has a market cap of $4.61 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 0.82 and a beta of 0.62. The company has a 50 day moving average of $36.44 and a two-hundred day moving average of $37.91.

Atour Lifestyle (NASDAQ:ATAT) last released its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.11. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. The company had revenue of $407.74 million during the quarter, compared to the consensus estimate of $379.74 million. On average, research analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current year.

Atour Lifestyle Increases Dividend

The business also recently announced an annual dividend, which will be paid on Monday, June 22nd. Shareholders of record on Friday, June 5th will be given a $0.54 dividend. This represents a yield of 162.0%. The ex-dividend date is Friday, June 5th. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s payout ratio is currently 27.42%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Morgan Stanley restated an “overweight” rating and issued a $45.00 price target on shares of Atour Lifestyle in a research report on Tuesday, March 17th. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Weiss Ratings downgraded shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. Finally, Zacks Research upgraded shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to data from MarketBeat, Atour Lifestyle currently has a consensus rating of “Buy” and an average target price of $48.00.

About Atour Lifestyle

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.