Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Shares Sold by FACT Capital LP

FACT Capital LP reduced its stake in shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT) by 17.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 500,440 shares of the company’s stock after selling 106,530 shares during the quarter. Atour Lifestyle comprises approximately 5.9% of FACT Capital LP’s portfolio, making the stock its 7th largest holding. FACT Capital LP’s holdings in Atour Lifestyle were worth $13,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Pictet Asset Management Holding SA purchased a new position in shares of Atour Lifestyle during the fourth quarter worth approximately $155,000. AdvisorShares Investments LLC purchased a new position in Atour Lifestyle during the 4th quarter worth $188,000. Cornerstone Investment Partners LLC purchased a new position in Atour Lifestyle during the 4th quarter worth $213,000. Deutsche Bank AG acquired a new position in Atour Lifestyle in the fourth quarter valued at $235,000. Finally, Lighthouse Investment Partners LLC purchased a new stake in shares of Atour Lifestyle in the fourth quarter valued at about $296,000. 17.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Bank of America raised their price target on Atour Lifestyle from $35.30 to $36.80 and gave the stock a “buy” rating in a report on Friday, March 14th. UBS Group set a $37.30 target price on Atour Lifestyle and gave the company a “buy” rating in a research note on Thursday, March 6th.

Atour Lifestyle Stock Up 0.6%

Shares of NASDAQ:ATAT opened at $30.82 on Wednesday. Atour Lifestyle Holdings Limited has a fifty-two week low of $15.22 and a fifty-two week high of $33.32. The firm’s 50-day simple moving average is $26.79 and its 200-day simple moving average is $27.27. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 26.57, a PEG ratio of 0.59 and a beta of 0.59.

Atour Lifestyle (NASDAQ:ATAT) last announced its quarterly earnings data on Tuesday, March 25th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. Atour Lifestyle had a return on equity of 48.26% and a net margin of 17.43%. The company had revenue of $285.58 million for the quarter, compared to analyst estimates of $275.49 million. On average, research analysts forecast that Atour Lifestyle Holdings Limited will post 1.24 EPS for the current year.

About Atour Lifestyle

Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.