Mitsubishi UFJ Trust & Banking Corp Has $75.03 Million Stake in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Mitsubishi UFJ Trust & Banking Corp lifted its stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 44.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,995,943 shares of the company’s stock after acquiring an additional 614,343 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 1.44% of Atour Lifestyle worth $75,027,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ATAT. Hollencrest Capital Management acquired a new stake in shares of Atour Lifestyle in the second quarter worth $29,000. Squarepoint Ops LLC boosted its holdings in Atour Lifestyle by 3.8% during the second quarter. Squarepoint Ops LLC now owns 29,458 shares of the company’s stock valued at $958,000 after acquiring an additional 1,073 shares during the period. Loomis Sayles & Co. L P grew its position in shares of Atour Lifestyle by 322.0% in the second quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock valued at $47,000 after purchasing an additional 1,111 shares during the last quarter. Blue Trust Inc. bought a new position in shares of Atour Lifestyle in the third quarter worth about $60,000. Finally, Ritholtz Wealth Management lifted its position in shares of Atour Lifestyle by 23.3% during the 3rd quarter. Ritholtz Wealth Management now owns 11,158 shares of the company’s stock worth $419,000 after purchasing an additional 2,107 shares during the last quarter. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Stock Performance

Shares of Atour Lifestyle stock opened at $37.48 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a twelve month low of $21.50 and a twelve month high of $43.17. The firm has a market cap of $5.18 billion, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 0.77 and a beta of 0.80. The firm’s 50-day simple moving average is $39.86 and its 200-day simple moving average is $38.15.

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

Atour Lifestyle Cuts Dividend

The business also recently declared an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were given a $0.36 dividend. This represents a yield of 84.0%. The ex-dividend date was Friday, December 5th. Atour Lifestyle’s dividend payout ratio is 22.45%.

Analysts Set New Price Targets

Several research analysts have commented on ATAT shares. Citigroup lifted their price target on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. JPMorgan Chase & Co. started coverage on shares of Atour Lifestyle in a report on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 price target for the company. Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday. Finally, Macquarie upped their price target on Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a report on Tuesday, November 25th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $45.30.

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.