180,000 Shares in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Bought by Headwater Capital Co Ltd

Headwater Capital Co Ltd acquired a new stake in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATATFree Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 180,000 shares of the company’s stock, valued at approximately $6,766,000. Atour Lifestyle comprises 1.7% of Headwater Capital Co Ltd’s portfolio, making the stock its 14th largest holding. Headwater Capital Co Ltd owned approximately 0.13% of Atour Lifestyle as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Hollencrest Capital Management purchased a new position in shares of Atour Lifestyle during the 2nd quarter worth about $29,000. Assetmark Inc. bought a new stake in Atour Lifestyle in the third quarter worth about $37,000. Loomis Sayles & Co. L P boosted its position in shares of Atour Lifestyle by 322.0% during the second quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock valued at $47,000 after buying an additional 1,111 shares during the period. Blue Trust Inc. bought a new position in shares of Atour Lifestyle during the third quarter valued at approximately $60,000. Finally, Asset Management One Co. Ltd. bought a new position in shares of Atour Lifestyle during the third quarter valued at approximately $113,000. Institutional investors own 17.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on ATAT shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. CLSA started coverage on Atour Lifestyle in a research note on Friday, January 2nd. They issued an “outperform” rating and a $49.00 target price on the stock. JPMorgan Chase & Co. initiated coverage on Atour Lifestyle in a research report on Wednesday, November 12th. They set an “overweight” rating and a $57.00 target price for the company. Citigroup boosted their target price on shares of Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Finally, Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $45.30.

Get Our Latest Research Report on Atour Lifestyle

Atour Lifestyle Price Performance

Shares of Atour Lifestyle stock opened at $40.93 on Thursday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1 year low of $21.50 and a 1 year high of $43.17. The stock has a market cap of $5.66 billion, a price-to-earnings ratio of 27.84, a PEG ratio of 0.82 and a beta of 0.80. The firm’s 50-day moving average is $39.01 and its two-hundred day moving average is $38.61.

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

Atour Lifestyle Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Atour Lifestyle (NASDAQ:ATAT)

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