OLP CAPITAL MANAGEMENT Ltd Cuts Stake in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

OLP CAPITAL MANAGEMENT Ltd lessened its holdings in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 6.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,109,037 shares of the company’s stock after selling 547,457 shares during the period. Atour Lifestyle accounts for about 31.7% of OLP CAPITAL MANAGEMENT Ltd’s investment portfolio, making the stock its biggest holding. OLP CAPITAL MANAGEMENT Ltd owned approximately 0.06% of Atour Lifestyle worth $298,494,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ATAT. Caitong International Asset Management Co. Ltd increased its position in Atour Lifestyle by 651.7% during the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock worth $25,000 after buying an additional 580 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of Atour Lifestyle in the fourth quarter worth about $26,000. EverSource Wealth Advisors LLC lifted its position in shares of Atour Lifestyle by 65.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after buying an additional 325 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Atour Lifestyle during the 4th quarter worth about $37,000. Finally, Hollencrest Capital Management bought a new stake in shares of Atour Lifestyle during the 1st quarter worth about $46,000. 17.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ATAT shares. Weiss Ratings downgraded Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $48.00.

Atour Lifestyle Stock Down 3.1%

Shares of NASDAQ ATAT opened at $34.24 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a 12 month low of $30.77 and a 12 month high of $43.17. The company has a market cap of $4.71 billion, a P/E ratio of 18.41, a P/E/G ratio of 0.96 and a beta of 0.65. The business’s 50 day moving average is $32.94 and its two-hundred day moving average is $35.85.

Atour Lifestyle (NASDAQ:ATAT) last posted 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 company had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. Sell-side analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.13 earnings per share for the current fiscal year.

Atour Lifestyle Increases Dividend

The business also recently declared an annual dividend, which was paid on Monday, June 22nd. Shareholders of record on Friday, June 5th were given a $0.54 dividend. The ex-dividend date 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 dividend payout ratio (DPR) is 27.42%.

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.