William Blair Investment Management LLC Grows Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

William Blair Investment Management LLC lifted its holdings in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 34.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 255,330 shares of the company’s stock after purchasing an additional 65,849 shares during the quarter. William Blair Investment Management LLC owned 0.18% of Atour Lifestyle worth $10,060,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Greenwoods Asset Management Hong Kong Ltd. raised its stake in Atour Lifestyle by 986.9% in the third quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock valued at $86,086,000 after purchasing an additional 2,079,436 shares in the last quarter. Broad Peak Investment Advisers Pte Ltd bought a new position in shares of Atour Lifestyle in the 4th quarter worth $31,756,000. Millennium Management LLC increased its holdings in shares of Atour Lifestyle by 208.9% in the 3rd quarter. Millennium Management LLC now owns 1,052,392 shares of the company’s stock worth $39,559,000 after buying an additional 711,660 shares during the last quarter. Schroder Investment Management Group raised its position in shares of Atour Lifestyle by 69.5% during the 3rd quarter. Schroder Investment Management Group now owns 1,656,928 shares of the company’s stock valued at $62,532,000 after buying an additional 679,256 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Atour Lifestyle by 1,944.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 669,466 shares of the company’s stock worth $25,165,000 after acquiring an additional 636,717 shares during the last quarter. 17.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. UBS Group reiterated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 price target on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Finally, Weiss Ratings lowered Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Eight equities research 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $48.00.

Atour Lifestyle Price Performance

Shares of ATAT stock opened at $32.91 on Wednesday. The business has a 50-day moving average of $36.95 and a 200 day moving average of $38.32. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $29.81 and a 1-year high of $43.17. The stock has a market capitalization of $4.55 billion, a PE ratio of 17.69, a P/E/G ratio of 0.83 and a beta of 0.72.

Atour Lifestyle (NASDAQ:ATAT) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.11. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The firm had revenue of $407.74 million during the quarter, compared to the consensus estimate of $379.74 million. 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 declared an annual dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 5th will be issued a dividend of $0.54 per share. The ex-dividend date is Friday, June 5th. This represents a yield of 140.0%. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s dividend payout ratio (DPR) is currently 17.74%.

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.