Triata Capital Ltd Purchases 237,466 Shares of Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Triata Capital Ltd grew its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATATFree Report) by 55.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 665,269 shares of the company’s stock after buying an additional 237,466 shares during the period. Atour Lifestyle makes up 2.9% of Triata Capital Ltd’s portfolio, making the stock its 9th largest position. Triata Capital Ltd owned approximately 0.48% of Atour Lifestyle worth $25,007,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in Atour Lifestyle by 1.0% during the first 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. Savant Capital LLC acquired a new stake in shares of Atour Lifestyle during the second quarter worth about $359,000. Penserra Capital Management LLC lifted its holdings in shares of Atour Lifestyle by 270.2% during the 2nd quarter. Penserra Capital Management LLC now owns 24,169 shares of the company’s stock valued at $785,000 after purchasing an additional 17,641 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in shares of Atour Lifestyle in the 2nd quarter valued at approximately $699,000. Finally, Greenwoods Asset Management Hong Kong Ltd. bought a new stake in Atour Lifestyle during the 2nd quarter worth approximately $6,850,000. Institutional investors own 17.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Macquarie Infrastructure increased their target price on Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a report on Tuesday, November 25th. Citigroup boosted their price target on Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. began coverage on Atour Lifestyle in a report on Wednesday, November 12th. They set an “overweight” rating and a $57.00 price objective for the company. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Atour Lifestyle presently has a consensus rating of “Moderate Buy” and an average target price of $46.63.

Read Our Latest Research Report on ATAT

Atour Lifestyle Stock Performance

NASDAQ:ATAT opened at $36.46 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $21.50 and a 52-week high of $43.17. The company has a market cap of $5.04 billion, a P/E ratio of 24.80, a P/E/G ratio of 0.76 and a beta of 0.76. The stock’s 50-day simple moving average is $38.44 and its 200 day simple moving average is $38.75.

Atour Lifestyle Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Atour Lifestyle (NASDAQ:ATAT)

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