Temasek Holdings Private Ltd Makes New Investment in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Temasek Holdings Private Ltd purchased a new position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) in the 1st quarter, Holdings Channel reports. The firm purchased 78,244 shares of the company’s stock, valued at approximately $2,880,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ATAT. Rockefeller Capital Management L.P. purchased a new stake in shares of Atour Lifestyle during the fourth quarter valued at $26,000. Caitong International Asset Management Co. Ltd increased its holdings in Atour Lifestyle by 651.7% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock worth $25,000 after buying an additional 580 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Atour Lifestyle by 65.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after buying an additional 325 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in Atour Lifestyle in the 4th quarter worth about $37,000. Finally, Mcguire Capital Advisors Inc. bought a new position in Atour Lifestyle during the 4th quarter valued at about $49,000. 17.79% of the stock is owned by institutional investors.

Atour Lifestyle Price Performance

ATAT stock opened at $31.21 on Wednesday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1 year low of $30.77 and a 1 year high of $43.17. The company has a market cap of $4.29 billion, a P/E ratio of 16.78, a price-to-earnings-growth ratio of 0.78 and a beta of 0.65. The stock’s fifty day moving average price is $33.45 and its 200-day moving average price is $36.21.

Atour Lifestyle (NASDAQ:ATAT) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.11. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The company had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. As a group, analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 earnings per share for the current year.

Atour Lifestyle Increases Dividend

The company also recently declared an annual dividend, which was paid on Monday, June 22nd. Shareholders of record on Friday, June 5th were paid a dividend of $0.54 per share. The ex-dividend date was Friday, June 5th. This represents a dividend yield of 162.0%. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s dividend payout ratio is presently 27.42%.

Analyst Ratings Changes

A number of analysts have recently issued reports on ATAT shares. Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Finally, Weiss Ratings downgraded shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. 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, Atour Lifestyle has an average rating of “Moderate Buy” and an average 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.