SG Americas Securities LLC raised its stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report) by 43.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 702,496 shares of the company’s stock after purchasing an additional 214,099 shares during the period. SG Americas Securities LLC owned 0.51% of Atour Lifestyle worth $27,678,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. New York State Common Retirement Fund increased its position in Atour Lifestyle by 3.7% in the 3rd quarter. New York State Common Retirement Fund now owns 14,100 shares of the company’s stock valued at $530,000 after buying an additional 500 shares in the last quarter. TD Waterhouse Canada Inc. boosted its holdings in Atour Lifestyle by 3.2% in the third quarter. TD Waterhouse Canada Inc. now owns 18,084 shares of the company’s stock worth $659,000 after acquiring an additional 555 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Atour Lifestyle by 651.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock worth $25,000 after acquiring an additional 580 shares in the last quarter. Hollencrest Capital Management acquired a new stake in Atour Lifestyle in the second quarter valued at approximately $29,000. Finally, Assetmark Inc. bought a new stake in shares of Atour Lifestyle during the third quarter valued at approximately $37,000. Institutional investors own 17.79% of the company’s stock.
Atour Lifestyle Stock Up 0.2%
ATAT stock opened at $36.04 on Friday. The firm has a market capitalization of $4.98 billion, a PE ratio of 22.25, a P/E/G ratio of 1.09 and a beta of 0.76. Atour Lifestyle Holdings Limited Sponsored ADR has a twelve month low of $21.50 and a twelve month high of $43.17. The stock’s 50 day moving average is $37.42 and its 200-day moving average is $38.62.
Analyst Ratings Changes
ATAT has been the topic of a number of recent research 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 restated a “buy” rating on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Wall Street Zen downgraded shares of Atour Lifestyle from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $48.00.
Get Our Latest Analysis on ATAT
Atour Lifestyle Company 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.
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