Leading Securities Co Ltd Trims Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Leading Securities Co Ltd reduced its holdings in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 57.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 53,114 shares of the company’s stock after selling 71,480 shares during the quarter. Atour Lifestyle makes up about 42.1% of Leading Securities Co Ltd’s portfolio, making the stock its 2nd largest holding. Leading Securities Co Ltd’s holdings in Atour Lifestyle were worth $1,997,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ATAT. New York State Common Retirement Fund grew its stake in shares of Atour Lifestyle by 3.7% in the third quarter. New York State Common Retirement Fund now owns 14,100 shares of the company’s stock worth $530,000 after purchasing an additional 500 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in Atour Lifestyle by 3.2% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 18,084 shares of the company’s stock worth $659,000 after purchasing an additional 555 shares during the last quarter. Hollencrest Capital Management acquired a new position in Atour Lifestyle during the 2nd quarter worth about $29,000. Squarepoint Ops LLC grew its position in shares of Atour Lifestyle by 3.8% in the 2nd quarter. Squarepoint Ops LLC now owns 29,458 shares of the company’s stock valued at $958,000 after buying an additional 1,073 shares during the last quarter. Finally, Loomis Sayles & Co. L P grew its position in shares of Atour Lifestyle by 322.0% in the 2nd quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock valued at $47,000 after buying an additional 1,111 shares during the last quarter. Institutional investors own 17.79% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Zacks Research lowered Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Macquarie Infrastructure raised their price target on shares of Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a report on Tuesday, November 25th. Citigroup upped 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Finally, CLSA began coverage on shares of Atour Lifestyle in a report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 target price on the stock. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Atour Lifestyle presently has a consensus rating of “Moderate Buy” and an average price target of $45.30.

Atour Lifestyle Stock Performance

Atour Lifestyle stock opened at $37.22 on Monday. The stock has a market capitalization of $5.14 billion, a price-to-earnings ratio of 25.32, a PEG ratio of 0.77 and a beta of 0.80. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $21.50 and a 52-week high of $43.17. The stock’s 50 day moving average price is $39.66 and its two-hundred day moving average price is $38.20.

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

Atour Lifestyle Cuts Dividend

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

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.