Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Holdings Raised by Vanguard Group Inc.

Vanguard Group Inc. boosted its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 2.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,779,715 shares of the company’s stock after purchasing an additional 56,002 shares during the period. Vanguard Group Inc. owned 2.01% of Atour Lifestyle worth $104,489,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aspex Management HK Ltd increased its stake in shares of Atour Lifestyle by 17.8% during the 2nd quarter. Aspex Management HK Ltd now owns 5,314,881 shares of the company’s stock worth $172,787,000 after purchasing an additional 804,245 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its position in Atour Lifestyle by 44.5% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,995,943 shares of the company’s stock worth $75,027,000 after buying an additional 614,343 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Atour Lifestyle by 23.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,654,120 shares of the company’s stock worth $53,775,000 after acquiring an additional 315,534 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Atour Lifestyle by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock worth $40,739,000 after acquiring an additional 14,453 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in shares of Atour Lifestyle by 11,289.7% during the 2nd quarter. SG Americas Securities LLC now owns 1,390,686 shares of the company’s stock valued at $45,211,000 after acquiring an additional 1,378,476 shares during the last quarter. Institutional investors own 17.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Citigroup boosted their price objective on shares of Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Macquarie Infrastructure lifted their target price on shares of Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a report on Tuesday, November 25th. Zacks Research cut shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Finally, CLSA started coverage on Atour Lifestyle in a research report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Atour Lifestyle has a consensus rating of “Moderate Buy” and a consensus target price of $45.30.

Atour Lifestyle Stock Performance

Shares of Atour Lifestyle stock opened at $36.50 on Thursday. The firm has a market cap of $5.04 billion, a P/E ratio of 24.83, a price-to-earnings-growth ratio of 0.75 and a beta of 0.76. The firm’s 50-day simple moving average is $38.64 and its 200-day simple moving average is $38.72. Atour Lifestyle Holdings Limited Sponsored ADR has a twelve month low of $21.50 and a twelve month high of $43.17.

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.