Greenwoods Asset Management Hong Kong Ltd. Raises Stake in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Greenwoods Asset Management Hong Kong Ltd. grew its stake in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 986.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,290,136 shares of the company’s stock after buying an additional 2,079,436 shares during the period. Atour Lifestyle accounts for approximately 1.9% of Greenwoods Asset Management Hong Kong Ltd.’s portfolio, making the stock its 11th largest holding. Greenwoods Asset Management Hong Kong Ltd. owned approximately 1.66% of Atour Lifestyle worth $86,086,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Aspex Management HK Ltd grew its position in shares of Atour Lifestyle by 17.8% during the 2nd quarter. Aspex Management HK Ltd now owns 5,314,881 shares of the company’s stock valued at $172,787,000 after purchasing an additional 804,245 shares in the last quarter. Vanguard Group Inc. grew its position in Atour Lifestyle by 2.1% during the third quarter. Vanguard Group Inc. now owns 2,779,715 shares of the company’s stock worth $104,489,000 after buying an additional 56,002 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in Atour Lifestyle by 44.5% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,995,943 shares of the company’s stock worth $75,027,000 after acquiring an additional 614,343 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Atour Lifestyle by 23.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,654,120 shares of the company’s stock valued at $53,775,000 after acquiring an additional 315,534 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Atour Lifestyle by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock valued at $40,739,000 after acquiring an additional 14,453 shares during the last quarter. 17.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ATAT has been the topic of a number of recent analyst reports. Macquarie Infrastructure raised their target price on shares of Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a research note on Tuesday, November 25th. Citigroup upped their target price on shares of Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. initiated coverage on Atour Lifestyle in a research report on Wednesday, November 12th. They set an “overweight” rating and a $57.00 price objective on the stock. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $45.30.

Atour Lifestyle Trading Up 0.9%

Shares of NASDAQ:ATAT opened at $38.96 on Friday. The stock has a fifty day simple moving average of $39.09 and a two-hundred day simple moving average of $38.46. 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 $5.38 billion, a price-to-earnings ratio of 26.50, a PEG ratio of 0.80 and a beta of 0.80.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. The firm had revenue of $368.95 million during the quarter, compared to the consensus estimate of $340.27 million. Atour Lifestyle had a return on equity of 44.62% and a net margin of 16.21%. As a group, equities research analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 EPS for the current year.

Atour Lifestyle Cuts Dividend

The company also recently announced an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 5th were paid a $0.36 dividend. This represents a dividend yield of 84.0%. The ex-dividend date was Friday, December 5th. Atour Lifestyle’s dividend payout ratio is currently 22.45%.

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.