Atour Lifestyle Holdings Limited Sponsored ADR $ATAT is Serenity Capital Management PTE. LTD.’s 7th Largest Position

Serenity Capital Management PTE. LTD. trimmed its stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 21.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 215,000 shares of the company’s stock after selling 60,000 shares during the quarter. Atour Lifestyle makes up about 2.1% of Serenity Capital Management PTE. LTD.’s portfolio, making the stock its 7th biggest holding. Serenity Capital Management PTE. LTD. owned 0.16% of Atour Lifestyle worth $8,082,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in ATAT. Greenwoods Asset Management Hong Kong Ltd. increased its stake in Atour Lifestyle by 986.9% during the 3rd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock worth $86,086,000 after buying an additional 2,079,436 shares during the period. SG Americas Securities LLC boosted its stake in 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 purchasing an additional 1,378,476 shares during the period. Tree Line Advisors Hong Kong Ltd. acquired a new stake in shares of Atour Lifestyle during the second quarter worth $29,259,000. Mitsubishi UFJ Trust & Banking Corp increased its holdings in Atour Lifestyle by 173.9% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,381,600 shares of the company’s stock worth $44,916,000 after acquiring an additional 877,153 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Atour Lifestyle during the 2nd quarter valued at $27,627,000. Institutional investors own 17.79% of the company’s stock.

Atour Lifestyle Price Performance

Shares of NASDAQ ATAT opened at $34.64 on Friday. The company has a market cap of $4.79 billion, a PE ratio of 23.56, a price-to-earnings-growth ratio of 0.75 and a beta of 0.76. The company has a 50-day simple moving average of $38.14 and a 200-day simple moving average of $38.76. Atour Lifestyle Holdings Limited Sponsored ADR has a 12 month low of $21.50 and a 12 month high of $43.17.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. CLSA initiated coverage on shares of Atour Lifestyle in a report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price objective for the company. Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Citigroup increased their price objective on Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Finally, Macquarie Infrastructure boosted their price objective on Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 25th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Atour Lifestyle has an average rating of “Moderate Buy” and a consensus target price of $46.63.

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.