Sei Investments Co. Sells 158,802 Shares of Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Sei Investments Co. trimmed its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 88.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,125 shares of the company’s stock after selling 158,802 shares during the period. Sei Investments Co.’s holdings in Atour Lifestyle were worth $778,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Van Berkom & Associates Inc. raised its position in Atour Lifestyle by 0.4% in the 1st quarter. Van Berkom & Associates Inc. now owns 70,343 shares of the company’s stock valued at $2,589,000 after buying an additional 300 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Atour Lifestyle by 65.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after acquiring an additional 325 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Atour Lifestyle by 7.3% in the fourth quarter. Royal Bank of Canada now owns 7,469 shares of the company’s stock worth $294,000 after purchasing an additional 511 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of Atour Lifestyle by 651.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock worth $25,000 after purchasing an additional 580 shares in the last quarter. Finally, Advyzon Investment Management LLC boosted its holdings in Atour Lifestyle by 10.6% during the fourth quarter. Advyzon Investment Management LLC now owns 6,350 shares of the company’s stock worth $250,000 after purchasing an additional 607 shares during the last quarter. 17.79% of the stock is owned by institutional investors and hedge funds.

Atour Lifestyle Stock Performance

Shares of ATAT opened at $33.07 on Friday. The firm has a market cap of $4.55 billion, a P/E ratio of 17.78, a price-to-earnings-growth ratio of 0.94 and a beta of 0.64. Atour Lifestyle Holdings Limited Sponsored ADR has a 52 week low of $30.77 and a 52 week high of $43.17. The firm’s 50-day simple moving average is $33.02 and its 200 day simple moving average is $35.64.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.11. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The firm had revenue of $407.74 million for the quarter, compared to analyst estimates of $379.74 million. As a group, equities analysts forecast that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.1 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Zacks Research cut shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Weiss Ratings downgraded Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Eight investment 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 an average rating of “Moderate Buy” and a consensus 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.