Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Acquired by Lazard Asset Management LLC

Lazard Asset Management LLC lifted its stake in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 3.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 434,608 shares of the company’s stock after purchasing an additional 15,214 shares during the period. Lazard Asset Management LLC’s holdings in Atour Lifestyle were worth $15,998,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its stake in Atour Lifestyle by 651.7% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock worth $25,000 after buying an additional 580 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new position in shares of Atour Lifestyle in the fourth quarter valued at approximately $26,000. EverSource Wealth Advisors LLC lifted its position in shares of Atour Lifestyle by 65.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock valued at $32,000 after acquiring an additional 325 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in shares of Atour Lifestyle in the fourth quarter worth approximately $37,000. Finally, Hollencrest Capital Management acquired a new stake in shares of Atour Lifestyle in the first quarter worth approximately $46,000. 17.79% of the stock is owned by hedge funds and other institutional investors.

Atour Lifestyle Price Performance

Shares of Atour Lifestyle stock opened at $35.33 on Thursday. The business has a 50-day moving average of $32.97 and a 200 day moving average of $35.89. Atour Lifestyle Holdings Limited Sponsored ADR has a 12 month low of $30.77 and a 12 month high of $43.17. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 18.99, a price-to-earnings-growth ratio of 0.96 and a beta of 0.65.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly 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. The company had revenue of $407.74 million for the quarter, compared to analyst estimates of $379.74 million. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. Equities research analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.13 earnings per share for the current year.

Atour Lifestyle Increases Dividend

The firm also recently declared an annual dividend, which was paid on Monday, June 22nd. Shareholders of record on Friday, June 5th were given a $0.54 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a yield of 162.0%. This is a boost from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s dividend payout ratio is 27.42%.

Analysts Set New Price Targets

Several research firms recently commented on ATAT. Weiss Ratings downgraded Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Zacks Research cut shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target 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.