Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Bought by BRIGHT VALLEY CAPITAL Ltd

BRIGHT VALLEY CAPITAL Ltd raised its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATATFree Report) by 211.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 597,500 shares of the company’s stock after buying an additional 405,500 shares during the period. Atour Lifestyle comprises 8.7% of BRIGHT VALLEY CAPITAL Ltd’s portfolio, making the stock its 4th biggest position. BRIGHT VALLEY CAPITAL Ltd’s holdings in Atour Lifestyle were worth $23,542,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ATAT. Goldman Sachs Group Inc. increased its holdings in shares of Atour Lifestyle by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock worth $40,739,000 after buying an additional 14,453 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Atour Lifestyle by 13.8% during the second quarter. American Century Companies Inc. now owns 68,633 shares of the company’s stock worth $2,231,000 after buying an additional 8,332 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of Atour Lifestyle during the second quarter worth approximately $1,586,000. Jump Financial LLC increased its holdings in shares of Atour Lifestyle by 38.0% during the second quarter. Jump Financial LLC now owns 62,192 shares of the company’s stock worth $2,022,000 after buying an additional 17,124 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its holdings in shares of Atour Lifestyle by 172.5% in the second quarter. Qube Research & Technologies Ltd now owns 975,098 shares of the company’s stock valued at $31,700,000 after purchasing an additional 617,292 shares in the last quarter. Institutional investors and hedge funds own 17.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Weiss Ratings lowered shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Morgan Stanley reissued an “overweight” rating and issued a $45.00 price target on shares of Atour Lifestyle in a report on Tuesday, March 17th. Zacks Research raised shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 3rd. Finally, UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. Based on data from MarketBeat.com, Atour Lifestyle presently has a consensus rating of “Buy” and an average price target of $48.00.

View Our Latest Stock Report on Atour Lifestyle

Atour Lifestyle Trading Down 0.4%

ATAT opened at $33.37 on Friday. The stock has a market capitalization of $4.61 billion, a P/E ratio of 17.94, a P/E/G ratio of 0.82 and a beta of 0.62. Atour Lifestyle Holdings Limited Sponsored ADR has a 12 month low of $29.81 and a 12 month high of $43.17. The firm’s fifty day simple moving average is $36.44 and its 200 day simple moving average is $37.91.

Atour Lifestyle (NASDAQ:ATATGet Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.37 by $0.11. The business had revenue of $407.74 million for the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. On average, equities research analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current fiscal year.

Atour Lifestyle Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 5th will be given a $0.54 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a yield of 162.0%. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s payout ratio is presently 27.42%.

Atour Lifestyle Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ATAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATATFree Report).

Institutional Ownership by Quarter for Atour Lifestyle (NASDAQ:ATAT)

Receive News & Ratings for Atour Lifestyle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atour Lifestyle and related companies with MarketBeat.com's FREE daily email newsletter.