Bank of New York Mellon Corp Has $12.52 Million Stock Holdings in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Bank of New York Mellon Corp trimmed its stake in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 17.5% in the 1st quarter, HoldingsChannel reports. The firm owned 340,160 shares of the company’s stock after selling 71,972 shares during the quarter. Bank of New York Mellon Corp’s holdings in Atour Lifestyle were worth $12,521,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. OLP CAPITAL MANAGEMENT Ltd raised its holdings in Atour Lifestyle by 1.5% during the 4th quarter. OLP CAPITAL MANAGEMENT Ltd now owns 8,656,494 shares of the company’s stock worth $341,066,000 after buying an additional 131,886 shares during the period. JPMorgan Chase & Co. lifted its stake in Atour Lifestyle by 234.2% during the fourth quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock valued at $135,073,000 after buying an additional 2,402,412 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Atour Lifestyle by 22.5% in the fourth quarter. Vanguard Group Inc. now owns 3,406,470 shares of the company’s stock worth $134,215,000 after buying an additional 626,755 shares during the period. WFM ASIA BVI Ltd increased 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 worth $124,324,000 after acquiring an additional 2,045,832 shares in the last quarter. Finally, Schroder Investment Management Group increased 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 worth $107,085,000 after acquiring an additional 1,060,966 shares in the last quarter. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Atour Lifestyle Price Performance

Shares of NASDAQ ATAT opened at $34.33 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a one year low of $30.77 and a one year high of $43.17. The business’s 50-day moving average price is $32.95 and its two-hundred day moving average price is $35.84. The company has a market capitalization of $4.72 billion, a P/E ratio of 18.46, a price-to-earnings-growth ratio of 0.95 and a beta of 0.65.

Atour Lifestyle (NASDAQ:ATAT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.37 by $0.11. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The business had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. On average, equities analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.1 EPS for the current year.

Atour Lifestyle Increases Dividend

The firm also recently declared an annual dividend, which was paid on Monday, June 22nd. Stockholders of record on Friday, June 5th were paid a dividend of $0.54 per share. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date was Friday, June 5th. This represents a dividend yield of 162.0%. Atour Lifestyle’s dividend payout ratio (DPR) is currently 27.42%.

Analysts Set New Price Targets

Several equities research analysts recently commented on ATAT shares. Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Weiss Ratings downgraded shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate 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.