KADENSA CAPITAL Ltd Increases Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

KADENSA CAPITAL Ltd lifted its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 28.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 425,879 shares of the company’s stock after purchasing an additional 94,967 shares during the period. Atour Lifestyle comprises approximately 1.6% of KADENSA CAPITAL Ltd’s portfolio, making the stock its 27th largest position. KADENSA CAPITAL Ltd owned approximately 0.31% of Atour Lifestyle worth $16,009,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ATAT. New York State Common Retirement Fund increased its holdings in Atour Lifestyle by 3.7% in the third quarter. New York State Common Retirement Fund now owns 14,100 shares of the company’s stock valued at $530,000 after buying an additional 500 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in Atour Lifestyle by 3.2% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 18,084 shares of the company’s stock worth $659,000 after buying an additional 555 shares during the last quarter. Hollencrest Capital Management acquired a new position in shares of Atour Lifestyle during the 2nd quarter worth about $29,000. Assetmark Inc. acquired a new position in shares of Atour Lifestyle during the 3rd quarter worth about $37,000. Finally, Squarepoint Ops LLC increased its holdings in shares of Atour Lifestyle by 3.8% in the 2nd quarter. Squarepoint Ops LLC now owns 29,458 shares of the company’s stock valued at $958,000 after acquiring an additional 1,073 shares during the last quarter. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Trading Up 1.7%

Shares of ATAT opened at $35.24 on Monday. The company’s 50 day simple moving average is $38.05 and its 200-day simple moving average is $38.78. The firm has a market cap of $4.87 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 0.73 and a beta of 0.76. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $21.50 and a 12-month high of $43.17.

Wall Street Analysts Forecast Growth

ATAT has been the topic of several research analyst reports. CLSA started coverage on Atour Lifestyle in a research report on Friday, January 2nd. They set an “outperform” rating and a $49.00 target price on the stock. Citigroup increased their price target 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. Macquarie Infrastructure raised their price objective on shares of Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a report on Tuesday, November 25th. Weiss Ratings restated a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Finally, Zacks Research cut shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.