Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Acquired by OLP CAPITAL MANAGEMENT Ltd

OLP CAPITAL MANAGEMENT Ltd increased its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 6.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,524,608 shares of the company’s stock after purchasing an additional 509,267 shares during the quarter. Atour Lifestyle makes up 56.5% of OLP CAPITAL MANAGEMENT Ltd’s portfolio, making the stock its largest holding. OLP CAPITAL MANAGEMENT Ltd owned approximately 0.06% of Atour Lifestyle worth $320,440,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ATAT. New York State Common Retirement Fund increased its holdings in Atour Lifestyle by 3.7% in the 3rd quarter. New York State Common Retirement Fund now owns 14,100 shares of the company’s stock valued at $530,000 after buying an additional 500 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in shares of Atour Lifestyle by 3.2% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 18,084 shares of the company’s stock worth $659,000 after acquiring an additional 555 shares during the period. Hollencrest Capital Management acquired a new stake in shares of Atour Lifestyle during the 2nd quarter valued at about $29,000. Assetmark Inc. acquired a new stake in shares of Atour Lifestyle during the 3rd quarter valued at about $37,000. Finally, Squarepoint Ops LLC increased its stake in Atour Lifestyle by 3.8% in the second quarter. Squarepoint Ops LLC now owns 29,458 shares of the company’s stock valued at $958,000 after acquiring an additional 1,073 shares during the period. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Stock Up 1.7%

Shares of ATAT stock opened at $35.24 on Friday. The company has a market capitalization of $4.87 billion, a P/E ratio of 23.97, a P/E/G ratio of 0.72 and a beta of 0.76. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $21.50 and a 12-month high of $43.17. The firm has a 50-day moving average price of $38.05 and a 200 day moving average price of $38.76.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ATAT. Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Macquarie Infrastructure increased their target price on Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a report on Tuesday, November 25th. Citigroup raised their target price on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Finally, CLSA assumed coverage on Atour Lifestyle in a research note on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price target on the stock. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $48.60.

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.