Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Sold by American Century Companies Inc.

American Century Companies Inc. lowered its stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 3.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,301 shares of the company’s stock after selling 2,471 shares during the period. American Century Companies Inc.’s holdings in Atour Lifestyle were worth $1,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Atlas Capital Advisors Inc. acquired a new stake in Atour Lifestyle in the 1st quarter valued at about $27,000. Robeco Institutional Asset Management B.V. acquired a new stake in Atour Lifestyle in the 1st quarter valued at about $209,000. Pinnacle Associates Ltd. acquired a new stake in shares of Atour Lifestyle during the 1st quarter worth about $213,000. Bank of New York Mellon Corp acquired a new stake in shares of Atour Lifestyle during the 1st quarter worth about $215,000. Finally, Deutsche Bank AG acquired a new stake in shares of Atour Lifestyle during the 4th quarter worth about $235,000. Institutional investors and hedge funds own 17.79% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ATAT. Wall Street Zen lowered Atour Lifestyle from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. Citigroup reissued a “buy” rating and set a $38.00 target price (up previously from $36.50) on shares of Atour Lifestyle in a research report on Friday, May 23rd. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Atour Lifestyle presently has a consensus rating of “Buy” and a consensus target price of $36.63.

Atour Lifestyle Stock Down 0.2%

NASDAQ:ATAT opened at $38.92 on Tuesday. The stock’s 50 day moving average price is $35.05 and its 200 day moving average price is $30.93. The company has a market capitalization of $5.38 billion, a PE ratio of 28.20, a P/E/G ratio of 1.31 and a beta of 0.82. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $17.40 and a 52-week high of $39.84.

Atour Lifestyle (NASDAQ:ATAT) last released its quarterly earnings results on Tuesday, August 26th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. The firm had revenue of $344.49 million for the quarter, compared to the consensus estimate of $326.00 million. Atour Lifestyle had a return on equity of 45.66% and a net margin of 16.52%. Atour Lifestyle has set its FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 EPS for the current fiscal year.

Atour Lifestyle declared that its board has initiated a share repurchase program on Thursday, May 22nd that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.