Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Sold by Hel Ved Capital Management Ltd

Hel Ved Capital Management Ltd decreased its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 68.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,100 shares of the company’s stock after selling 57,700 shares during the quarter. Hel Ved Capital Management Ltd’s holdings in Atour Lifestyle were worth $981,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Arrowstreet Capital Limited Partnership raised its stake in Atour Lifestyle by 135.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 806,445 shares of the company’s stock valued at $26,218,000 after acquiring an additional 463,656 shares in the last quarter. ABN Amro Investment Solutions acquired a new position in Atour Lifestyle during the 2nd quarter worth $3,601,000. Nomura Holdings Inc. bought a new position in shares of Atour Lifestyle in the second quarter worth $5,945,000. Aberdeen Group plc grew its stake in shares of Atour Lifestyle by 22.7% in the third quarter. Aberdeen Group plc now owns 908,024 shares of the company’s stock worth $33,937,000 after purchasing an additional 167,730 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Atour Lifestyle by 23.6% during the second quarter. JPMorgan Chase & Co. now owns 1,654,120 shares of the company’s stock valued at $53,775,000 after purchasing an additional 315,534 shares during the period. Institutional investors and hedge funds own 17.79% of the company’s stock.

Analyst Upgrades and Downgrades

ATAT has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Citigroup raised 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. JPMorgan Chase & Co. initiated coverage on Atour Lifestyle in a report on Wednesday, November 12th. They set an “overweight” rating and a $57.00 target price on the stock. Finally, Macquarie Infrastructure upped their target price on Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 25th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $46.63.

Atour Lifestyle Price Performance

Shares of ATAT opened at $36.46 on Friday. The firm’s 50 day moving average is $38.44 and its 200-day moving average is $38.72. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $21.50 and a 12-month high of $43.17. The stock has a market capitalization of $5.04 billion, a P/E ratio of 24.80, a P/E/G ratio of 0.77 and a beta of 0.76.

About Atour Lifestyle

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.