Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Acquired by AIA Group Ltd

AIA Group Ltd increased its holdings in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 822.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 99,863 shares of the company’s stock after acquiring an additional 89,043 shares during the quarter. AIA Group Ltd owned about 0.07% of Atour Lifestyle worth $3,754,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its stake in Atour Lifestyle by 651.7% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock worth $25,000 after purchasing an additional 580 shares in the last quarter. Hollencrest Capital Management acquired a new position in shares of Atour Lifestyle during the 2nd quarter worth approximately $29,000. Assetmark Inc. purchased a new stake in shares of Atour Lifestyle in the third quarter valued at approximately $37,000. Loomis Sayles & Co. L P increased its holdings in shares of Atour Lifestyle by 322.0% in the second 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 during the last quarter. Finally, Blue Trust Inc. acquired a new stake in shares of Atour Lifestyle in the third quarter valued at approximately $60,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ATAT shares. Citigroup boosted their price objective on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. CLSA began coverage on Atour Lifestyle in a report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price target on the stock. Morgan Stanley reissued an “overweight” rating and set a $45.00 price target on shares of Atour Lifestyle in a research report on Tuesday. Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $48.00.

Atour Lifestyle Stock Performance

ATAT opened at $37.98 on Friday. The stock has a market capitalization of $5.25 billion, a PE ratio of 23.44, a P/E/G ratio of 1.10 and a beta of 0.76. Atour Lifestyle Holdings Limited Sponsored ADR has a one year low of $21.50 and a one year high of $43.17. The business’s 50 day moving average price is $37.67 and its 200 day moving average price is $38.72.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Tuesday, March 17th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.08. Atour Lifestyle had a return on equity of 46.96% and a net margin of 16.58%.The company had revenue of $398.47 million during the quarter, compared to analysts’ expectations of $397.20 million. As a group, equities research analysts forecast that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 earnings per share for the current fiscal year.

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.