Maven Securities LTD acquired a new stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 21,373 shares of the company’s stock, valued at approximately $842,000.
Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC lifted its position in Atour Lifestyle by 247.1% during the 4th quarter. Barclays PLC now owns 286,805 shares of the company’s stock worth $11,300,000 after buying an additional 204,186 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Atour Lifestyle in the 4th quarter valued at about $37,000. Walleye Capital LLC raised its holdings in shares of Atour Lifestyle by 51.7% in the 4th quarter. Walleye Capital LLC now owns 93,484 shares of the company’s stock valued at $3,683,000 after purchasing an additional 31,855 shares during the period. Hudson Bay Capital Management LP boosted its position in Atour Lifestyle by 79.2% during the fourth quarter. Hudson Bay Capital Management LP now owns 19,000 shares of the company’s stock worth $749,000 after purchasing an additional 8,400 shares during the period. Finally, Smartleaf Asset Management LLC acquired a new position in Atour Lifestyle in the 4th quarter valued at about $71,000. 17.79% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Morgan Stanley restated an “overweight” rating and set a $45.00 target price on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Weiss Ratings lowered shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Finally, Zacks Research upgraded shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $48.00.
Atour Lifestyle Trading Down 2.0%
ATAT opened at $33.17 on Tuesday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $29.81 and a 1-year high of $43.17. The company has a market cap of $4.58 billion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 0.83 and a beta of 0.63. The company has a fifty day moving average price of $36.31 and a two-hundred day moving average price of $37.85.
Atour Lifestyle (NASDAQ:ATAT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.11. The firm had revenue of $407.74 million during the quarter, compared to the consensus estimate of $379.74 million. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. On average, research analysts forecast that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current fiscal year.
Atour Lifestyle Increases Dividend
The firm also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be issued a dividend of $0.54 per share. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. This represents a dividend yield of 162.0%. The ex-dividend date is Friday, June 5th. Atour Lifestyle’s dividend payout ratio is 27.42%.
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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