William Blair Investment Management LLC Increases Holdings in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

William Blair Investment Management LLC raised its holdings in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 34.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 255,330 shares of the company’s stock after purchasing an additional 65,849 shares during the period. William Blair Investment Management LLC’s holdings in Atour Lifestyle were worth $10,060,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ATAT. Baillie Gifford & Co. purchased a new position in shares of Atour Lifestyle during the fourth quarter valued at approximately $6,973,000. Prudential PLC grew its stake in shares of Atour Lifestyle by 15.9% in the 3rd quarter. Prudential PLC now owns 822,347 shares of the company’s stock worth $30,912,000 after buying an additional 112,751 shares during the last quarter. AIA Group Ltd grew its stake in shares of Atour Lifestyle by 822.9% in the 3rd quarter. AIA Group Ltd now owns 99,863 shares of the company’s stock worth $3,754,000 after buying an additional 89,043 shares during the last quarter. Headwater Capital Co Ltd bought a new position in Atour Lifestyle during the 3rd quarter valued at approximately $6,766,000. Finally, Aberdeen Group plc raised its stake in Atour Lifestyle by 22.7% during the third quarter. Aberdeen Group plc now owns 908,024 shares of the company’s stock valued at $33,937,000 after buying an additional 167,730 shares during the last quarter. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Atour Lifestyle Trading Down 2.7%

Shares of NASDAQ ATAT opened at $32.91 on Wednesday. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $29.81 and a 12-month high of $43.17. The firm has a market capitalization of $4.55 billion, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 0.83 and a beta of 0.72. The firm has a 50 day moving average of $36.95 and a 200 day moving average of $38.32.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.11. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. The business had revenue of $407.74 million for the quarter, compared to analysts’ expectations of $379.74 million. Sell-side analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.07 EPS for the current year.

Atour Lifestyle Increases Dividend

The business also recently announced an annual dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 5th will be given a dividend of $0.54 per share. This represents a yield of 140.0%. This is a boost from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date is Friday, June 5th. Atour Lifestyle’s dividend payout ratio (DPR) is presently 17.74%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Weiss Ratings lowered Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Finally, Morgan Stanley reissued an “overweight” rating and set a $45.00 price objective on shares of Atour Lifestyle in a research 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 company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $48.00.

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.