Mawer Investment Management Ltd. Invests $18.89 Million in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Mawer Investment Management Ltd. bought a new position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 479,543 shares of the company’s stock, valued at approximately $18,894,000.

A number of other large investors also recently made changes to their positions in ATAT. Goldman Sachs Group Inc. increased its stake in shares of Atour Lifestyle by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock worth $40,739,000 after purchasing an additional 14,453 shares during the period. American Century Companies Inc. increased its stake in Atour Lifestyle by 13.8% during the 2nd quarter. American Century Companies Inc. now owns 68,633 shares of the company’s stock worth $2,231,000 after acquiring an additional 8,332 shares during the period. First Trust Advisors LP acquired a new stake in shares of Atour Lifestyle in the 2nd quarter valued at $1,586,000. Jump Financial LLC boosted its holdings in shares of Atour Lifestyle by 38.0% in the 2nd quarter. Jump Financial LLC now owns 62,192 shares of the company’s stock valued at $2,022,000 after purchasing an additional 17,124 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Atour Lifestyle by 172.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 975,098 shares of the company’s stock valued at $31,700,000 after purchasing an additional 617,292 shares in the last quarter. Institutional investors own 17.79% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on ATAT. UBS Group reaffirmed a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Morgan Stanley reissued an “overweight” rating and set a $45.00 price objective on shares of Atour Lifestyle in a report on Tuesday, March 17th. Weiss Ratings downgraded Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Finally, Wall Street Zen raised Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $48.00.

Atour Lifestyle Price Performance

Shares of ATAT opened at $35.03 on Tuesday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1 year low of $29.81 and a 1 year high of $43.17. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 18.83, a price-to-earnings-growth ratio of 0.84 and a beta of 0.63. The business has a 50-day moving average of $36.77 and a 200-day moving average of $38.16.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.11. The company had revenue of $407.74 million during the quarter, compared to the consensus estimate of $379.74 million. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%. As a group, sell-side analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.07 EPS for the current year.

Atour Lifestyle Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be paid a $0.54 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a dividend yield of 140.0%. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s dividend payout ratio (DPR) is presently 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.