Triata Capital Ltd Has $25.01 Million Stock Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Triata Capital Ltd increased its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 55.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 665,269 shares of the company’s stock after purchasing an additional 237,466 shares during the period. Atour Lifestyle accounts for 2.9% of Triata Capital Ltd’s investment portfolio, making the stock its 9th largest holding. Triata Capital Ltd’s holdings in Atour Lifestyle were worth $25,007,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. AI Squared Management Ltd lifted its stake in Atour Lifestyle by 13.2% in the third quarter. AI Squared Management Ltd now owns 161,158 shares of the company’s stock valued at $6,058,000 after acquiring an additional 18,764 shares during the last quarter. Barclays PLC increased its stake in shares of Atour Lifestyle by 137.5% during the 3rd quarter. Barclays PLC now owns 82,619 shares of the company’s stock worth $3,106,000 after purchasing an additional 47,835 shares during the last quarter. Burgundy Asset Management Ltd. raised its holdings in shares of Atour Lifestyle by 22.3% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 774,823 shares of the company’s stock valued at $30,156,000 after purchasing an additional 141,049 shares during the period. William Blair Investment Management LLC bought a new stake in shares of Atour Lifestyle in the 3rd quarter valued at about $7,123,000. Finally, Handelsbanken Fonder AB acquired a new stake in Atour Lifestyle in the 3rd quarter valued at about $214,000. Institutional investors and hedge funds own 17.79% of the company’s stock.

Analysts Set New Price Targets

ATAT has been the subject of a number of research analyst reports. Citigroup lifted their price target on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. CLSA initiated coverage on Atour Lifestyle in a research report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price objective for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. JPMorgan Chase & Co. started coverage on Atour Lifestyle in a report on Wednesday, November 12th. They set an “overweight” rating and a $57.00 target price on the stock. Finally, Zacks Research cut Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.63.

Atour Lifestyle Price Performance

Shares of NASDAQ ATAT opened at $36.46 on Friday. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 24.80, a P/E/G ratio of 0.76 and a beta of 0.76. The stock’s fifty day moving average price is $38.44 and its two-hundred day moving average price is $38.75. Atour Lifestyle Holdings Limited Sponsored ADR has a one year low of $21.50 and a one year high of $43.17.

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.