Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Position Lessened by WFM ASIA BVI Ltd

WFM ASIA BVI Ltd reduced its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 9.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,109,593 shares of the company’s stock after selling 120,300 shares during the period. Atour Lifestyle comprises approximately 4.6% of WFM ASIA BVI Ltd’s holdings, making the stock its 5th biggest holding. WFM ASIA BVI Ltd owned 0.80% of Atour Lifestyle worth $41,710,000 at the end of the most recent quarter.

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

Atour Lifestyle Price Performance

NASDAQ:ATAT opened at $40.47 on Friday. The firm has a 50-day moving average of $39.01 and a two-hundred day moving average of $38.62. The stock has a market cap of $5.59 billion, a P/E ratio of 27.53, a PEG ratio of 0.85 and a beta of 0.80. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $21.50 and a 1-year high of $43.17.

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Macquarie Infrastructure upped their price target on shares of Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 25th. Citigroup upped their price objective on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. JPMorgan Chase & Co. initiated coverage on Atour Lifestyle in a research report on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 target price on the stock. Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Eight investment 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 an average target price of $45.30.

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.