Atour Lifestyle (NASDAQ:ATAT) Trading Down 4.8% – Time to Sell?

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) shares fell 4.8% during mid-day trading on Friday . The company traded as low as $33.90 and last traded at $34.0550. 793,883 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 1,169,969 shares. The stock had previously closed at $35.79.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ATAT shares. Morgan Stanley reiterated an “overweight” rating and issued a $45.00 price target on shares of Atour Lifestyle in a research 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. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. Finally, UBS Group reiterated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. 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, the company has an average rating of “Moderate Buy” and an average target price of $48.00.

Atour Lifestyle Price Performance

The company has a 50 day moving average of $37.06 and a 200-day moving average of $38.46. The company has a market cap of $4.71 billion, a P/E ratio of 18.34, a price-to-earnings-growth ratio of 0.91 and a beta of 0.72.

Atour Lifestyle (NASDAQ:ATAT) last released its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share 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 analyst estimates of $379.74 million. Research analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.07 EPS for the current year.

Atour Lifestyle Increases Dividend

The company also recently announced an annual dividend, which will be paid on Monday, June 22nd. Shareholders of record on Friday, June 5th will be issued a dividend of $0.54 per share. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date is Friday, June 5th. This represents a dividend yield of 140.0%. Atour Lifestyle’s dividend payout ratio (DPR) is currently 27.42%.

Institutional Investors Weigh In On Atour Lifestyle

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. purchased a new position in shares of Atour Lifestyle during the fourth quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd grew its stake in shares of 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 during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of 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 stake in shares of Atour Lifestyle in the 4th quarter worth approximately $37,000. Finally, Assetmark Inc. purchased a new stake in shares of Atour Lifestyle in the 3rd quarter worth approximately $37,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

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.