Headwater Capital Co Ltd acquired a new position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 180,000 shares of the company’s stock, valued at approximately $6,766,000. Atour Lifestyle accounts for 1.7% of Headwater Capital Co Ltd’s portfolio, making the stock its 14th biggest holding.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Hollencrest Capital Management acquired a new position in shares of Atour Lifestyle in the 2nd quarter valued at about $29,000. Assetmark Inc. purchased a new position in Atour Lifestyle during the third quarter valued at approximately $37,000. Loomis Sayles & Co. L P raised its position in Atour Lifestyle by 322.0% during the second quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock valued at $47,000 after acquiring an additional 1,111 shares in the last quarter. Blue Trust Inc. acquired a new position in Atour Lifestyle in the third quarter valued at approximately $60,000. Finally, Asset Management One Co. Ltd. purchased a new stake in Atour Lifestyle in the 3rd quarter worth approximately $113,000. 17.79% of the stock is currently owned by institutional investors and hedge funds.
Atour Lifestyle Stock Performance
NASDAQ:ATAT opened at $40.93 on Thursday. Atour Lifestyle Holdings Limited Sponsored ADR has a one year low of $21.50 and a one year high of $43.17. The stock has a market cap of $5.66 billion, a PE ratio of 27.84, a P/E/G ratio of 0.82 and a beta of 0.80. The stock has a 50 day moving average price of $39.01 and a 200 day moving average price of $38.61.
Analysts Set New Price Targets
Several equities analysts recently issued reports on ATAT shares. Citigroup boosted their target price on shares of Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. JPMorgan Chase & Co. assumed coverage on shares of Atour Lifestyle in a report on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 price objective for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Zacks Research cut Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Finally, CLSA began coverage on Atour Lifestyle in a report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price target for the company. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Atour Lifestyle has an average rating of “Moderate Buy” and a consensus price target of $45.30.
View Our Latest Analysis on ATAT
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.
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