Jupiter Asset Management Ltd. Has $2.24 Million Holdings in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Jupiter Asset Management Ltd. lowered its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 90.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,934 shares of the company’s stock after selling 528,056 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Atour Lifestyle were worth $2,243,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ATAT. Caitong International Asset Management Co. Ltd raised its stake in Atour Lifestyle by 651.7% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock valued at $25,000 after purchasing an additional 580 shares during the period. EverSource Wealth Advisors LLC lifted its holdings 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 valued at $32,000 after purchasing an additional 325 shares in the last quarter. Assetmark Inc. acquired a new stake in shares of Atour Lifestyle in the third quarter worth $37,000. Quarry LP acquired a new stake in shares of Atour Lifestyle in the third quarter worth $66,000. Finally, Morse Asset Management Inc purchased a new position in shares of Atour Lifestyle during the third quarter valued at $118,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on ATAT. UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 target price on shares of Atour Lifestyle in a research note 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 upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $48.00.

Atour Lifestyle Price Performance

Shares of ATAT opened at $34.34 on Friday. The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 18.46, a P/E/G ratio of 0.84 and a beta of 0.72. Atour Lifestyle Holdings Limited Sponsored ADR has a fifty-two week low of $29.81 and a fifty-two week high of $43.17. The business’s 50-day moving average is $36.82 and its 200-day moving average is $38.22.

Atour Lifestyle (NASDAQ:ATAT) last issued its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.11. The company had revenue of $407.74 million for 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%. Equities research analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.07 earnings per share for the current fiscal year.

Atour Lifestyle Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be issued a $0.54 dividend. The ex-dividend date 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 is currently 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.