Vanguard Group Inc. Boosts Stock Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Vanguard Group Inc. increased its holdings in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 22.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,406,470 shares of the company’s stock after purchasing an additional 626,755 shares during the quarter. Vanguard Group Inc. owned 2.47% of Atour Lifestyle worth $134,215,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in ATAT. Caitong International Asset Management Co. Ltd increased its stake in shares of Atour Lifestyle by 651.7% during the third 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. bought a new stake in Atour Lifestyle in the 3rd quarter worth approximately $37,000. Quarry LP purchased a new stake in Atour Lifestyle during the 3rd quarter valued at $66,000. Asset Management One Co. Ltd. purchased a new position in shares of Atour Lifestyle in the 3rd quarter worth $113,000. Finally, Morse Asset Management Inc bought a new stake in shares of Atour Lifestyle in the third quarter worth $118,000. Institutional investors own 17.79% of the company’s stock.

Analyst Ratings Changes

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

Atour Lifestyle Stock Up 1.4%

ATAT opened at $38.61 on Tuesday. The firm has a 50-day simple moving average of $37.07 and a two-hundred day simple moving average of $38.55. Atour Lifestyle Holdings Limited Sponsored ADR has a 52 week low of $28.90 and a 52 week high of $43.17. The company has a market capitalization of $5.34 billion, a PE ratio of 23.83, a price-to-earnings-growth ratio of 0.94 and a beta of 0.72.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Tuesday, March 17th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.08. Atour Lifestyle had a net margin of 16.58% and a return on equity of 46.96%. The firm had revenue of $398.47 million for the quarter, compared to the consensus estimate of $397.20 million. As a group, sell-side analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.07 earnings per share for the current 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.