KADENSA CAPITAL Ltd Increases Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

KADENSA CAPITAL Ltd lifted its holdings in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 28.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 425,879 shares of the company’s stock after buying an additional 94,967 shares during the quarter. Atour Lifestyle makes up approximately 1.6% of KADENSA CAPITAL Ltd’s investment portfolio, making the stock its 27th largest position. KADENSA CAPITAL Ltd’s holdings in Atour Lifestyle were worth $16,009,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership raised its stake in Atour Lifestyle by 135.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 806,445 shares of the company’s stock valued at $26,218,000 after acquiring an additional 463,656 shares during the last quarter. Hel Ved Capital Management Ltd purchased a new position in shares of Atour Lifestyle in the 2nd quarter valued at approximately $2,724,000. Aberdeen Group plc grew its stake in shares of Atour Lifestyle by 22.7% in the 3rd quarter. Aberdeen Group plc now owns 908,024 shares of the company’s stock valued at $33,937,000 after purchasing an additional 167,730 shares during the last quarter. Triata Capital Ltd increased its holdings in shares of Atour Lifestyle by 55.5% in the third quarter. Triata Capital Ltd now owns 665,269 shares of the company’s stock valued at $25,007,000 after purchasing an additional 237,466 shares during the period. Finally, Jupiter Asset Management Ltd. increased its holdings in shares of Atour Lifestyle by 244.5% in the third quarter. Jupiter Asset Management Ltd. now owns 584,990 shares of the company’s stock valued at $21,990,000 after purchasing an additional 415,190 shares during the period. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Atour Lifestyle Stock Performance

Shares of NASDAQ ATAT opened at $35.24 on Monday. Atour Lifestyle Holdings Limited Sponsored ADR has a one year low of $21.50 and a one year high of $43.17. The firm has a market capitalization of $4.87 billion, a P/E ratio of 23.97, a PEG ratio of 0.73 and a beta of 0.76. The company’s fifty day moving average is $38.05 and its two-hundred day moving average is $38.78.

Analyst Ratings Changes

Several brokerages recently weighed in on ATAT. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. CLSA initiated coverage on shares of Atour Lifestyle in a research note on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price objective on the stock. Citigroup upped their price objective on shares of Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Macquarie Infrastructure raised their target price on shares of Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 25th. Finally, Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $48.60.

Atour Lifestyle Company 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.