SG Americas Securities LLC Reduces Holdings in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

SG Americas Securities LLC lowered its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 64.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 488,397 shares of the company’s stock after selling 902,289 shares during the period. SG Americas Securities LLC’s holdings in Atour Lifestyle were worth $18,359,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ATAT. Aspex Management HK Ltd grew its stake in Atour Lifestyle by 17.8% during the 2nd quarter. Aspex Management HK Ltd now owns 5,314,881 shares of the company’s stock worth $172,787,000 after buying an additional 804,245 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Atour Lifestyle by 23.6% during the second quarter. JPMorgan Chase & Co. now owns 1,654,120 shares of the company’s stock worth $53,775,000 after acquiring an additional 315,534 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Atour Lifestyle by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock worth $40,739,000 after acquiring an additional 14,453 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Atour Lifestyle by 173.9% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,381,600 shares of the company’s stock valued at $44,916,000 after acquiring an additional 877,153 shares during the period. Finally, WFM ASIA BVI Ltd raised its position in Atour Lifestyle by 99.9% in the 2nd quarter. WFM ASIA BVI Ltd now owns 1,229,893 shares of the company’s stock valued at $39,984,000 after purchasing an additional 614,600 shares during the last quarter. 17.79% of the stock is owned by institutional investors and hedge funds.

Atour Lifestyle Trading Up 2.1%

Shares of ATAT opened at $41.96 on Friday. The stock’s 50 day moving average is $40.34 and its two-hundred day moving average is $37.75. Atour Lifestyle Holdings Limited Sponsored ADR has a twelve month low of $21.50 and a twelve month high of $43.17. The firm has a market capitalization of $5.80 billion, a PE ratio of 28.54, a P/E/G ratio of 0.85 and a beta of 0.80.

Atour Lifestyle (NASDAQ:ATAT) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. Atour Lifestyle had a return on equity of 44.62% and a net margin of 16.21%.The business had revenue of $368.95 million during the quarter, compared to analysts’ expectations of $340.27 million. On average, sell-side analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 EPS for the current year.

Atour Lifestyle Cuts Dividend

The business also recently announced an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were given a dividend of $0.36 per share. This represents a dividend yield of 84.0%. The ex-dividend date was Friday, December 5th. Atour Lifestyle’s payout ratio is presently 22.45%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ATAT shares. Citigroup lifted their price objective on shares of Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Jefferies Financial Group assumed coverage on Atour Lifestyle in a report on Monday, September 29th. They set a “buy” rating and a $48.00 price target on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, October 8th. Macquarie lifted their target price on Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a research note on Tuesday, November 25th. Finally, Zacks Research lowered Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.30.

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.