Prudential PLC Has $25.34 Million Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Prudential PLC reduced its holdings in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 21.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 643,201 shares of the company’s stock after selling 179,146 shares during the period. Prudential PLC owned approximately 0.47% of Atour Lifestyle worth $25,342,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Baillie Gifford & Co. acquired a new stake in Atour Lifestyle in the fourth quarter worth $6,973,000. AIA Group Ltd raised its holdings in Atour Lifestyle by 822.9% in the third quarter. AIA Group Ltd now owns 99,863 shares of the company’s stock worth $3,754,000 after purchasing an additional 89,043 shares during the period. Headwater Capital Co Ltd acquired a new stake in Atour Lifestyle in the third quarter worth $6,766,000. Aberdeen Group plc raised its holdings in Atour Lifestyle by 22.7% in the third quarter. Aberdeen Group plc now owns 908,024 shares of the company’s stock worth $33,937,000 after purchasing an additional 167,730 shares during the period. Finally, Triata Capital Ltd raised its holdings in Atour Lifestyle by 55.5% in the third quarter. Triata Capital Ltd now owns 665,269 shares of the company’s stock worth $25,007,000 after purchasing an additional 237,466 shares during the period. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Atour Lifestyle Stock Down 3.5%

Shares of ATAT stock opened at $34.03 on Friday. The firm has a fifty day moving average of $36.68 and a 200-day moving average of $38.05. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $29.81 and a 12-month high of $43.17. The company has a market capitalization of $4.70 billion, a price-to-earnings ratio of 18.30, a P/E/G ratio of 0.86 and a beta of 0.62.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings data 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 company had revenue of $407.74 million during the quarter, compared to the consensus estimate of $379.74 million. On average, equities analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current year.

Atour Lifestyle Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be given a dividend of $0.54 per share. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. This represents a dividend yield of 159.0%. The ex-dividend date of this dividend is Friday, June 5th. Atour Lifestyle’s payout ratio is currently 17.74%.

Analyst Upgrades and Downgrades

ATAT has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $45.00 target price on shares of Atour Lifestyle in a report on Tuesday, March 17th. UBS Group reiterated a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Weiss Ratings lowered shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Finally, Zacks Research upgraded shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $48.00.

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.