Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Sold by Aspex Management HK Ltd

Aspex Management HK Ltd reduced its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 16.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,428,783 shares of the company’s stock after selling 886,098 shares during the quarter. Atour Lifestyle makes up approximately 3.5% of Aspex Management HK Ltd’s portfolio, making the stock its 12th biggest position. Aspex Management HK Ltd owned 3.20% of Atour Lifestyle worth $166,478,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. OLP CAPITAL MANAGEMENT Ltd boosted its stake in shares of Atour Lifestyle by 6.4% in the third quarter. OLP CAPITAL MANAGEMENT Ltd now owns 8,524,608 shares of the company’s stock valued at $320,440,000 after purchasing an additional 509,267 shares during the period. Vanguard Group Inc. increased its stake in Atour Lifestyle by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 2,779,715 shares of the company’s stock worth $104,489,000 after buying an additional 56,002 shares during the period. Greenwoods Asset Management Hong Kong Ltd. lifted its holdings 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 in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in Atour Lifestyle by 44.5% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,995,943 shares of the company’s stock valued at $75,027,000 after buying an additional 614,343 shares during the period. Finally, Schroder Investment Management Group grew its stake in shares of Atour Lifestyle by 69.5% in the third quarter. Schroder Investment Management Group now owns 1,656,928 shares of the company’s stock worth $62,532,000 after acquiring an additional 679,256 shares in the last quarter. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Stock Performance

Shares of NASDAQ ATAT opened at $35.24 on Friday. 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 0.72 and a beta of 0.76. The company’s fifty day moving average is $38.05 and its two-hundred day moving average is $38.76.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ATAT shares. CLSA started coverage on Atour Lifestyle in a research report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price objective on the stock. Zacks Research cut Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Citigroup upped their price target on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. 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 report on Tuesday, November 25th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average 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.