Atour Lifestyle Holdings Limited Sponsored ADR $ATAT is OLP CAPITAL MANAGEMENT Ltd’s Largest Position

OLP CAPITAL MANAGEMENT Ltd grew its holdings in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATATFree Report) by 1.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,656,494 shares of the company’s stock after buying an additional 131,886 shares during the period. Atour Lifestyle accounts for about 66.5% of OLP CAPITAL MANAGEMENT Ltd’s holdings, making the stock its largest holding. OLP CAPITAL MANAGEMENT Ltd owned about 6.26% of Atour Lifestyle worth $341,066,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ATAT. Goldman Sachs Group Inc. lifted its holdings in Atour Lifestyle by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock worth $40,739,000 after buying an additional 14,453 shares during the last quarter. American Century Companies Inc. lifted its holdings in Atour Lifestyle by 13.8% during the 2nd quarter. American Century Companies Inc. now owns 68,633 shares of the company’s stock worth $2,231,000 after buying an additional 8,332 shares during the last quarter. First Trust Advisors LP acquired a new stake in Atour Lifestyle during the second quarter worth approximately $1,586,000. Jump Financial LLC raised its holdings in Atour Lifestyle by 38.0% during the second quarter. Jump Financial LLC now owns 62,192 shares of the company’s stock worth $2,022,000 after purchasing an additional 17,124 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in Atour Lifestyle by 172.5% during the second quarter. Qube Research & Technologies Ltd now owns 975,098 shares of the company’s stock worth $31,700,000 after purchasing an additional 617,292 shares in the last quarter. 17.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Zacks Research upgraded shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 3rd. Weiss Ratings downgraded shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Finally, Morgan Stanley restated an “overweight” rating and issued a $45.00 price objective on shares of Atour Lifestyle in a research note on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. According to MarketBeat.com, Atour Lifestyle has an average rating of “Buy” and an average target price of $48.00.

Check Out Our Latest Analysis on Atour Lifestyle

Atour Lifestyle Price Performance

NASDAQ ATAT opened at $33.83 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1 year low of $29.81 and a 1 year high of $43.17. The company has a market capitalization of $4.67 billion, a PE ratio of 18.19, a P/E/G ratio of 0.81 and a beta of 0.62. The company has a fifty day moving average of $36.38 and a two-hundred day moving average of $37.88.

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

Atour Lifestyle Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be paid a dividend of $0.54 per share. This represents a dividend yield of 162.0%. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date is Friday, June 5th. Atour Lifestyle’s payout ratio is currently 27.42%.

About Atour Lifestyle

(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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