21,373 Shares in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Purchased by Maven Securities LTD

Maven Securities LTD purchased a new position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATATFree Report) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 21,373 shares of the company’s stock, valued at approximately $842,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ATAT. JPMorgan Chase & Co. boosted its stake in Atour Lifestyle by 234.2% in the fourth quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock valued at $135,073,000 after acquiring an additional 2,402,412 shares during the last quarter. Greenwoods Asset Management Hong Kong Ltd. raised its position in shares of Atour Lifestyle by 986.9% in the third quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock valued at $86,086,000 after purchasing an additional 2,079,436 shares during the period. WFM ASIA BVI Ltd raised its position in shares of Atour Lifestyle by 184.4% in the fourth quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock valued at $124,324,000 after purchasing an additional 2,045,832 shares during the period. Schroder Investment Management Group raised its position in shares of Atour Lifestyle by 64.0% in the fourth quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock valued at $107,085,000 after purchasing an additional 1,060,966 shares during the period. Finally, Broad Peak Investment Advisers Pte Ltd bought a new stake in shares of Atour Lifestyle in the fourth quarter valued at approximately $31,756,000. 17.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ATAT. UBS Group reaffirmed a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Zacks Research raised shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 3rd. Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Morgan Stanley reaffirmed an “overweight” rating and issued a $45.00 price objective on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Finally, Weiss Ratings cut shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $48.00.

Get Our Latest Stock Report on Atour Lifestyle

Atour Lifestyle Trading Down 2.0%

Shares of NASDAQ ATAT opened at $33.17 on Tuesday. The firm has a fifty day simple moving average of $36.31 and a two-hundred day simple moving average of $37.85. The firm has a market capitalization of $4.58 billion, a PE ratio of 17.83, a price-to-earnings-growth ratio of 0.83 and a beta of 0.63. Atour Lifestyle Holdings Limited Sponsored ADR has a 12 month low of $29.81 and a 12 month high of $43.17.

Atour Lifestyle (NASDAQ:ATATGet Free Report) last issued 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. The company had revenue of $407.74 million during 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%. On average, sell-side analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 earnings per share for the current year.

Atour Lifestyle Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Shareholders of record on Friday, June 5th will be paid a dividend of $0.54 per share. The ex-dividend date is Friday, June 5th. This represents a yield of 162.0%. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s dividend payout ratio (DPR) is 27.42%.

Atour Lifestyle Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ATAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATATFree Report).

Institutional Ownership by Quarter for Atour Lifestyle (NASDAQ:ATAT)

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