188,030 Shares in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC purchased a new position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 188,030 shares of the company’s stock, valued at approximately $7,430,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its position in shares of Atour Lifestyle by 651.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock valued at $25,000 after buying an additional 580 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Atour Lifestyle by 65.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after acquiring an additional 325 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new position in shares of Atour Lifestyle during the 4th quarter worth approximately $37,000. Mcguire Capital Advisors Inc. bought a new stake in Atour Lifestyle in the 4th quarter valued at $49,000. Finally, Quarry LP bought a new stake in Atour Lifestyle in the 3rd quarter valued at $66,000. Institutional investors own 17.79% of the company’s stock.

Atour Lifestyle Price Performance

Shares of NASDAQ ATAT opened at $32.13 on Friday. The business has a fifty day moving average price of $35.58 and a two-hundred day moving average price of $37.37. The stock has a market capitalization of $4.42 billion, a PE ratio of 17.27, a P/E/G ratio of 0.77 and a beta of 0.62. Atour Lifestyle Holdings Limited Sponsored ADR has a fifty-two week low of $31.14 and a fifty-two week high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last released its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.11. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The company had revenue of $407.74 million for the quarter, compared to analyst estimates of $379.74 million. On average, equities analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current year.

Atour Lifestyle Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 5th were given a dividend of $0.54 per share. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. This represents a yield of 162.0%. The ex-dividend date of this dividend was Friday, June 5th. Atour Lifestyle’s dividend payout ratio (DPR) is currently 27.42%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on ATAT shares. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 price objective on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Zacks Research raised shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Weiss Ratings downgraded shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Finally, UBS Group reiterated a “buy” rating on shares of Atour Lifestyle in a research note on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $48.00.

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.