Vanguard Group Inc. Buys 56,002 Shares of Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Vanguard Group Inc. boosted its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 2.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,779,715 shares of the company’s stock after purchasing an additional 56,002 shares during the quarter. Vanguard Group Inc.’s holdings in Atour Lifestyle were worth $104,489,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ATAT. New York State Common Retirement Fund boosted its holdings in Atour Lifestyle by 3.7% during the third quarter. New York State Common Retirement Fund now owns 14,100 shares of the company’s stock worth $530,000 after buying an additional 500 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in Atour Lifestyle by 3.2% during the third quarter. TD Waterhouse Canada Inc. now owns 18,084 shares of the company’s stock valued at $659,000 after purchasing an additional 555 shares during the period. Hollencrest Capital Management bought a new stake in Atour Lifestyle in the second quarter valued at approximately $29,000. Assetmark Inc. acquired a new stake in Atour Lifestyle in the third quarter worth $37,000. Finally, Squarepoint Ops LLC boosted its position in shares of Atour Lifestyle by 3.8% during the second quarter. Squarepoint Ops LLC now owns 29,458 shares of the company’s stock worth $958,000 after purchasing an additional 1,073 shares in the last quarter. Institutional investors and hedge funds own 17.79% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on ATAT shares. CLSA initiated coverage on Atour Lifestyle in a research note on Friday, January 2nd. They set an “outperform” rating and a $49.00 price objective on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Macquarie Infrastructure lifted their price objective on Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a report on Tuesday, November 25th. JPMorgan Chase & Co. initiated coverage on Atour Lifestyle in a research note on Wednesday, November 12th. They set an “overweight” rating and a $57.00 target price for the company. Finally, Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Eight 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.30.

Atour Lifestyle Price Performance

Shares of NASDAQ ATAT opened at $36.50 on Thursday. The business has a 50-day moving average of $38.64 and a 200-day moving average of $38.72. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 0.75 and a beta of 0.76. 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 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.