UBS Group AG Sells 223,369 Shares of Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

UBS Group AG trimmed its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 16.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,154,634 shares of the company’s stock after selling 223,369 shares during the quarter. UBS Group AG’s holdings in Atour Lifestyle were worth $45,493,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its position in Atour Lifestyle by 651.7% during the 3rd 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 during the last quarter. Assetmark Inc. bought a new stake in shares of Atour Lifestyle during the third quarter worth $37,000. Quarry LP acquired a new stake in shares of Atour Lifestyle in the third quarter valued at $66,000. Asset Management One Co. Ltd. bought a new position in shares of Atour Lifestyle in the third quarter valued at about $113,000. Finally, Morse Asset Management Inc bought a new stake in Atour Lifestyle during the 3rd quarter worth about $118,000. 17.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 price objective on shares of Atour Lifestyle in a report on Tuesday, March 17th. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. Finally, UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Eight 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 currently has an average rating of “Moderate Buy” and a consensus price target of $48.00.

Atour Lifestyle Price Performance

NASDAQ ATAT opened at $38.86 on Thursday. Atour Lifestyle Holdings Limited Sponsored ADR has a one year low of $25.04 and a one year high of $43.17. The firm has a market cap of $5.37 billion, a P/E ratio of 23.99, a P/E/G ratio of 0.94 and a beta of 0.72. The stock’s 50-day moving average is $37.19 and its 200-day moving average is $38.54.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Tuesday, March 17th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.08. The business had revenue of $398.47 million during the quarter, compared to analysts’ expectations of $397.20 million. Atour Lifestyle had a return on equity of 46.96% and a net margin of 16.58%. Equities analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.07 EPS for the current year.

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.