BRIGHT VALLEY CAPITAL Ltd raised its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report) by 211.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 597,500 shares of the company’s stock after acquiring an additional 405,500 shares during the period. Atour Lifestyle makes up 8.7% of BRIGHT VALLEY CAPITAL Ltd’s portfolio, making the stock its 4th biggest holding. BRIGHT VALLEY CAPITAL Ltd owned approximately 0.43% of Atour Lifestyle worth $23,542,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake 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 buying an additional 325 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake 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 valued at $25,000 after buying an additional 580 shares during the period. Ritholtz Wealth Management lifted its stake in shares of Atour Lifestyle by 8.2% in the fourth quarter. Ritholtz Wealth Management now owns 12,070 shares of the company’s stock valued at $476,000 after buying an additional 912 shares during the period. Assetmark Inc. bought a new stake in shares of Atour Lifestyle in the third quarter valued at about $37,000. Finally, Squarepoint Ops LLC lifted its stake in shares of Atour Lifestyle by 3.8% in the second quarter. Squarepoint Ops LLC now owns 29,458 shares of the company’s stock valued at $958,000 after buying an additional 1,073 shares during the period. 17.79% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several research firms recently weighed in on ATAT. Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Morgan Stanley reiterated an “overweight” rating and issued a $45.00 target price on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Weiss Ratings lowered shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Finally, Zacks Research raised shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. Based on data from MarketBeat, Atour Lifestyle presently has an average rating of “Buy” and a consensus price target of $48.00.
Atour Lifestyle Stock Down 0.4%
NASDAQ:ATAT 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 firm has a market capitalization of $4.61 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 0.82 and a beta of 0.62. The firm has a 50-day moving average price of $36.44 and a 200 day moving average price of $37.91.
Atour Lifestyle (NASDAQ:ATAT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.11. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. The firm had revenue of $407.74 million during the quarter, compared to analyst estimates of $379.74 million. On average, research analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current year.
Atour Lifestyle Increases Dividend
The company also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, June 5th. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. This represents a dividend yield of 162.0%. Atour Lifestyle’s dividend payout ratio (DPR) is 27.42%.
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.
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