William Blair Investment Management LLC Makes New Investment in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

William Blair Investment Management LLC acquired a new position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 189,481 shares of the company’s stock, valued at approximately $7,123,000. William Blair Investment Management LLC owned 0.14% of Atour Lifestyle at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in ATAT. Aspex Management HK Ltd increased its holdings in shares of Atour Lifestyle by 17.8% in the 2nd quarter. Aspex Management HK Ltd now owns 5,314,881 shares of the company’s stock valued at $172,787,000 after purchasing an additional 804,245 shares in the last quarter. Vanguard Group Inc. increased its holdings in Atour Lifestyle by 2.1% in the third quarter. Vanguard Group Inc. now owns 2,779,715 shares of the company’s stock valued at $104,489,000 after buying an additional 56,002 shares in the last quarter. Greenwoods Asset Management Hong Kong Ltd. lifted its position in shares of Atour Lifestyle by 986.9% during the 3rd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock valued at $86,086,000 after acquiring an additional 2,079,436 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of Atour Lifestyle by 44.5% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,995,943 shares of the company’s stock worth $75,027,000 after acquiring an additional 614,343 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Atour Lifestyle by 23.6% in the 2nd 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 period. 17.79% of the stock is currently owned by hedge funds and other institutional investors.

Atour Lifestyle Price Performance

Shares of NASDAQ ATAT opened at $36.46 on Wednesday. The company has a 50-day simple moving average of $38.76 and a 200-day simple moving average of $38.74. The company has a market cap of $5.04 billion, a PE ratio of 24.80, a price-to-earnings-growth ratio of 0.80 and a beta of 0.76. Atour Lifestyle Holdings Limited Sponsored ADR has a 12 month low of $21.50 and a 12 month high of $43.17.

Analyst Ratings Changes

Several brokerages recently issued reports on ATAT. Citigroup lifted their price objective on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. CLSA assumed coverage on shares of Atour Lifestyle in a report on Friday, January 2nd. They set an “outperform” rating and a $49.00 target price for the company. Finally, Macquarie Infrastructure upped their price target on shares of Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a report on Tuesday, November 25th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently 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.