First Beijing Investment Ltd Sells 181,140 Shares of Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

First Beijing Investment Ltd reduced its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 3.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,668,822 shares of the company’s stock after selling 181,140 shares during the period. Atour Lifestyle makes up 8.2% of First Beijing Investment Ltd’s investment portfolio, making the stock its 4th largest holding. First Beijing Investment Ltd owned about 4.10% of Atour Lifestyle worth $213,091,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Greenwoods Asset Management Hong Kong Ltd. raised its holdings in Atour Lifestyle by 986.9% during the third quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock worth $86,086,000 after buying an additional 2,079,436 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Atour Lifestyle by 11,289.7% in the 2nd quarter. SG Americas Securities LLC now owns 1,390,686 shares of the company’s stock worth $45,211,000 after acquiring an additional 1,378,476 shares during the last quarter. Tree Line Advisors Hong Kong Ltd. bought a new position in shares of Atour Lifestyle in the second quarter valued at approximately $29,259,000. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Atour Lifestyle by 173.9% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,381,600 shares of the company’s stock worth $44,916,000 after acquiring an additional 877,153 shares during the last quarter. Finally, Norges Bank bought a new stake in Atour Lifestyle in the 2nd quarter worth about $27,627,000. Institutional investors own 17.79% of the company’s stock.

Atour Lifestyle Trading Up 1.7%

Shares of ATAT stock opened at $35.24 on Friday. The firm’s 50 day moving average is $38.05 and its 200 day moving average is $38.76. The stock has a market capitalization of $4.87 billion, a P/E ratio of 23.97, a PEG ratio of 0.72 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.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Citigroup increased their target price on shares of Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. CLSA began coverage on shares of Atour Lifestyle in a research note on Friday, January 2nd. They set an “outperform” rating and a $49.00 price target for the company. Macquarie Infrastructure lifted 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. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Atour Lifestyle presently has a consensus rating of “Moderate Buy” and an average price target of $48.60.

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.