Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC lessened its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 1.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,154,468 shares of the company’s stock after selling 24,500 shares during the period. Renaissance Technologies LLC owned approximately 1.56% of Atour Lifestyle worth $79,306,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. OLP CAPITAL MANAGEMENT Ltd lifted its holdings in shares of Atour Lifestyle by 1.5% during the fourth quarter. OLP CAPITAL MANAGEMENT Ltd now owns 8,656,494 shares of the company’s stock valued at $341,066,000 after purchasing an additional 131,886 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Atour Lifestyle by 234.2% in the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock valued at $135,073,000 after acquiring an additional 2,402,412 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Atour Lifestyle by 22.5% in the 4th quarter. Vanguard Group Inc. now owns 3,406,470 shares of the company’s stock valued at $134,215,000 after acquiring an additional 626,755 shares in the last quarter. WFM ASIA BVI Ltd boosted its stake in Atour Lifestyle by 184.4% in the 4th quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock worth $124,324,000 after purchasing an additional 2,045,832 shares during the period. Finally, Schroder Investment Management Group boosted its stake in Atour Lifestyle by 64.0% in the 4th quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock worth $107,085,000 after purchasing an additional 1,060,966 shares during the period. 17.79% of the stock is currently owned by institutional investors.

Atour Lifestyle Stock Up 1.6%

Shares of ATAT stock opened at $31.95 on Friday. The company has a market capitalization of $4.39 billion, a P/E ratio of 17.18, a P/E/G ratio of 0.78 and a beta of 0.65. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $30.77 and a 12-month high of $43.17. The firm has a 50-day moving average price of $33.10 and a 200 day moving average price of $36.07.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.11. The firm had revenue of $407.74 million for the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. As a group, research analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 earnings per share for the current year.

Atour Lifestyle Increases Dividend

The firm also recently declared an annual dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 5th were issued a dividend of $0.54 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a yield of 162.0%. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s payout ratio is 27.42%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ATAT. Weiss Ratings downgraded Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Finally, Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $48.00.

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.