Capital Wealth Planning LLC Takes Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Capital Wealth Planning LLC purchased a new position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 259,235 shares of the company’s stock, valued at approximately $9,745,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ATAT. Goldman Sachs Group Inc. increased its position in shares of Atour Lifestyle by 1.0% in 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 position in Atour Lifestyle in the 2nd quarter worth approximately $359,000. Campbell & CO Investment Adviser LLC purchased a new position in Atour Lifestyle during the 2nd quarter worth approximately $699,000. Mitsubishi UFJ Trust & Banking Corp raised its stake in Atour Lifestyle by 173.9% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,381,600 shares of the company’s stock valued at $44,916,000 after purchasing an additional 877,153 shares during the period. Finally, Jupiter Asset Management Ltd. purchased a new stake in shares of Atour Lifestyle in the second quarter valued at $5,520,000. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Stock Performance

ATAT opened at $35.24 on Friday. The company has a market cap of $4.87 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 0.72 and a beta of 0.76. The stock has a 50-day moving average of $38.05 and a 200-day moving average of $38.76. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $21.50 and a 52-week high of $43.17.

Wall Street Analyst Weigh In

ATAT has been the topic of several recent analyst reports. CLSA began coverage on Atour Lifestyle in a research report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price target on the stock. Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Macquarie Infrastructure raised their price target on shares of Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a report on Tuesday, November 25th. Citigroup upped their price objective 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. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Six equities 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, Atour Lifestyle presently has an average rating of “Moderate Buy” and an average price target of $48.60.

Atour Lifestyle 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.