Lighthouse Investment Partners LLC Takes Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Lighthouse Investment Partners LLC acquired a new stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) during the third quarter, Holdings Channel.com reports. The firm acquired 188,923 shares of the company’s stock, valued at approximately $7,102,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ATAT. Hollencrest Capital Management acquired a new position in Atour Lifestyle during the second quarter valued at approximately $29,000. Assetmark Inc. bought a new position in shares of Atour Lifestyle in the third quarter valued at approximately $37,000. Loomis Sayles & Co. L P lifted its stake in shares of Atour Lifestyle by 322.0% in the second quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock worth $47,000 after buying an additional 1,111 shares during the last quarter. Blue Trust Inc. bought a new stake in shares of Atour Lifestyle during the 3rd quarter worth $60,000. Finally, Asset Management One Co. Ltd. bought a new stake in shares of Atour Lifestyle during the 3rd quarter worth $113,000. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. CLSA started coverage on shares of Atour Lifestyle in a report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price target for the company. Citigroup raised their price target on Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Macquarie Infrastructure lifted their price objective on Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 25th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $48.60.

Atour Lifestyle Trading Down 0.9%

Shares of ATAT stock opened at $34.94 on Tuesday. The firm has a market capitalization of $4.83 billion, a P/E ratio of 23.77, a price-to-earnings-growth ratio of 0.73 and a beta of 0.76. Atour Lifestyle Holdings Limited Sponsored ADR has a 1 year low of $21.50 and a 1 year high of $43.17. The firm’s fifty day simple moving average is $37.95 and its 200 day simple moving average is $38.75.

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.