Baillie Gifford & Co. bought a new position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 176,975 shares of the company’s stock, valued at approximately $6,973,000. Baillie Gifford & Co. owned 0.13% of Atour Lifestyle at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. AIA Group Ltd grew its stake in Atour Lifestyle by 822.9% during the third quarter. AIA Group Ltd now owns 99,863 shares of the company’s stock worth $3,754,000 after purchasing an additional 89,043 shares during the period. Aberdeen Group plc grew its stake in Atour Lifestyle by 22.7% during the third quarter. Aberdeen Group plc now owns 908,024 shares of the company’s stock worth $33,937,000 after purchasing an additional 167,730 shares during the period. Triata Capital Ltd grew its stake in Atour Lifestyle by 55.5% during the third quarter. Triata Capital Ltd now owns 665,269 shares of the company’s stock worth $25,007,000 after purchasing an additional 237,466 shares during the period. Headwater Capital Co Ltd acquired a new stake in Atour Lifestyle during the third quarter worth approximately $6,766,000. Finally, Nomura Holdings Inc. acquired a new stake in Atour Lifestyle during the second quarter worth approximately $5,945,000. Institutional investors and hedge funds own 17.79% of the company’s stock.
Atour Lifestyle Trading Up 1.0%
Atour Lifestyle stock opened at $37.37 on Wednesday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $22.42 and a 1-year high of $43.17. The firm has a market capitalization of $5.16 billion, a price-to-earnings ratio of 23.07, a price-to-earnings-growth ratio of 1.12 and a beta of 0.82. The firm’s fifty day moving average price is $37.29 and its two-hundred day moving average price is $38.34.
Analyst Ratings Changes
Several equities research analysts recently commented on ATAT shares. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 target price on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. CLSA assumed coverage on Atour Lifestyle in a report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price objective for the company. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Finally, UBS Group restated a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $48.00.
Get Our Latest Analysis on ATAT
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.
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