Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 38.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,025,828 shares of the company’s stock after selling 628,292 shares during the period. JPMorgan Chase & Co. owned approximately 0.74% of Atour Lifestyle worth $38,561,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ATAT. Goldman Sachs Group Inc. grew its holdings in Atour Lifestyle by 1.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock valued at $40,739,000 after purchasing an additional 14,453 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Atour Lifestyle during the 2nd quarter valued at about $1,069,000. AdvisorShares Investments LLC acquired a new position in Atour Lifestyle during the second quarter worth about $120,000. GAM Holding AG lifted its holdings in shares of Atour Lifestyle by 72.6% in the second quarter. GAM Holding AG now owns 158,800 shares of the company’s stock valued at $5,163,000 after purchasing an additional 66,800 shares in the last quarter. Finally, Savant Capital LLC purchased a new stake in shares of Atour Lifestyle in the second quarter valued at about $359,000. 17.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. CLSA initiated coverage on Atour Lifestyle in a research report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price objective for the company. Citigroup boosted their price target on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Zacks Research cut Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Atour Lifestyle in a report on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 target price on the stock. Eight investment 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.30.

Atour Lifestyle Stock Down 3.0%

ATAT stock opened at $39.27 on Friday. The stock has a market capitalization of $5.43 billion, a price-to-earnings ratio of 26.71, a price-to-earnings-growth ratio of 0.84 and a beta of 0.80. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $21.50 and a 52-week high of $43.17. The stock’s fifty day simple moving average is $38.96 and its 200-day simple moving average is $38.65.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.48 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $368.95 million for the quarter, compared to analyst estimates of $340.27 million. As a group, analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 earnings per share for the current fiscal year.

Atour Lifestyle 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.