Candriam S.C.A. Acquires Shares of 33,800 Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Candriam S.C.A. bought a new position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 33,800 shares of the company’s stock, valued at approximately $1,271,000.

A number of other large investors have also added to or reduced their stakes in the company. New York State Common Retirement Fund lifted its holdings in Atour Lifestyle by 3.7% in the 3rd quarter. New York State Common Retirement Fund now owns 14,100 shares of the company’s stock worth $530,000 after buying an additional 500 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of Atour Lifestyle by 3.2% in the third quarter. TD Waterhouse Canada Inc. now owns 18,084 shares of the company’s stock worth $659,000 after acquiring an additional 555 shares in the last quarter. Hollencrest Capital Management purchased a new position in Atour Lifestyle in the second quarter valued at about $29,000. Squarepoint Ops LLC grew its stake in Atour Lifestyle by 3.8% during the 2nd quarter. Squarepoint Ops LLC now owns 29,458 shares of the company’s stock valued at $958,000 after purchasing an additional 1,073 shares in the last quarter. Finally, Loomis Sayles & Co. L P grew its stake in Atour Lifestyle by 322.0% during the 2nd quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock valued at $47,000 after purchasing an additional 1,111 shares in the last quarter. 17.79% of the stock is owned by institutional investors and hedge funds.

Atour Lifestyle Stock Up 1.2%

Shares of ATAT stock opened at $39.69 on Friday. The company has a market cap of $5.48 billion, a P/E ratio of 27.00, a PEG ratio of 0.81 and a beta of 0.80. The business has a 50 day moving average of $39.45 and a two-hundred day moving average of $38.27. Atour Lifestyle Holdings Limited Sponsored ADR has a 52 week low of $21.50 and a 52 week high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. The business had revenue of $368.95 million for the quarter, compared to the consensus estimate of $340.27 million. Atour Lifestyle had a return on equity of 44.62% and a net margin of 16.21%. Analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 EPS for the current fiscal year.

Atour Lifestyle Cuts Dividend

The company also recently declared an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 5th were given a dividend of $0.36 per share. The ex-dividend date was Friday, December 5th. This represents a dividend yield of 84.0%. Atour Lifestyle’s dividend payout ratio is currently 22.45%.

Wall Street Analysts Forecast Growth

ATAT has been the subject of several research analyst reports. Macquarie Infrastructure increased their target price on Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a research note on Tuesday, November 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. JPMorgan Chase & Co. started coverage on shares of Atour Lifestyle in a research report on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 target price for the company. CLSA began coverage on shares of Atour Lifestyle in a research note on Friday, January 2nd. They issued an “outperform” rating and a $49.00 target price on the stock. Finally, Citigroup lifted their price target on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $45.30.

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.