Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Acquired by OLP CAPITAL MANAGEMENT Ltd

OLP CAPITAL MANAGEMENT Ltd lifted its holdings in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 1.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,656,494 shares of the company’s stock after buying an additional 131,886 shares during the quarter. Atour Lifestyle makes up approximately 66.5% of OLP CAPITAL MANAGEMENT Ltd’s investment portfolio, making the stock its largest position. OLP CAPITAL MANAGEMENT Ltd owned approximately 0.06% of Atour Lifestyle worth $341,066,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in ATAT. Caitong International Asset Management Co. Ltd boosted its stake in shares of 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 period. EverSource Wealth Advisors LLC boosted its stake in shares of Atour Lifestyle by 65.9% during 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 period. Assetmark Inc. acquired a new stake in shares of Atour Lifestyle during the third quarter worth about $37,000. Quarry LP purchased a new position in Atour Lifestyle during the third quarter worth about $66,000. Finally, AdvisorShares Investments LLC purchased a new position in Atour Lifestyle during the fourth quarter worth about $113,000. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Price Performance

Shares of ATAT opened at $33.83 on Friday. The firm has a 50 day simple moving average of $36.38 and a 200-day simple moving average of $37.88. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $29.81 and a 1-year high of $43.17. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 0.81 and a beta of 0.62.

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 analysts’ consensus estimates of $0.37 by $0.11. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. The business had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. On average, equities analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 earnings per share for the current fiscal year.

Atour Lifestyle Increases Dividend

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

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Zacks Research raised shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 3rd. Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Weiss Ratings cut shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Morgan Stanley reissued an “overweight” rating and set a $45.00 price target on shares of Atour Lifestyle in a report on Tuesday, March 17th. Finally, UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $48.00.

About Atour Lifestyle

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.