Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 22.5% during the 4th quarter, Holdings Channel reports. The fund owned 3,406,470 shares of the company’s stock after purchasing an additional 626,755 shares during the quarter. Vanguard Group Inc.’s holdings in Atour Lifestyle were worth $134,215,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Caitong International Asset Management Co. Ltd increased its holdings in shares of Atour Lifestyle by 651.7% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock valued at $25,000 after purchasing an additional 580 shares in the last quarter. Assetmark Inc. acquired a new position in shares of Atour Lifestyle in the third quarter worth about $37,000. Quarry LP acquired a new stake in Atour Lifestyle in the 3rd quarter valued at $66,000. Asset Management One Co. Ltd. acquired a new position in Atour Lifestyle during the third quarter worth $113,000. Finally, Morse Asset Management Inc acquired a new stake in shares of Atour Lifestyle in the third quarter valued at about $118,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ATAT. Wall Street Zen raised Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Morgan Stanley restated an “overweight” rating and issued a $45.00 price objective on shares of Atour Lifestyle in a report on Tuesday, March 17th. UBS Group reaffirmed a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Atour Lifestyle currently has an average rating of “Moderate Buy” and an average price target of $48.00.

Atour Lifestyle Price Performance

Atour Lifestyle stock opened at $38.61 on Tuesday. The stock’s fifty day moving average is $37.07 and its two-hundred day moving average is $38.55. The stock has a market cap of $5.34 billion, a PE ratio of 23.83, a P/E/G ratio of 0.94 and a beta of 0.72. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $28.90 and a 1-year high of $43.17.

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

Atour Lifestyle 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.