Kestra Private Wealth Services LLC Buys New Shares in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Kestra Private Wealth Services LLC bought a new position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,720 shares of the company’s stock, valued at approximately $816,000.

Several other hedge funds have also recently added to or reduced their stakes in ATAT. Goldman Sachs Group Inc. increased its holdings in shares of 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 buying an additional 14,453 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of 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 acquiring an additional 8,332 shares in the last quarter. First Trust Advisors LP acquired a new position in shares of Atour Lifestyle in the 2nd quarter worth $1,586,000. Jump Financial LLC grew its holdings in shares of Atour Lifestyle by 38.0% in the 2nd quarter. Jump Financial LLC now owns 62,192 shares of the company’s stock worth $2,022,000 after acquiring an additional 17,124 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in shares of 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 during the period. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Price Performance

Shares of NASDAQ:ATAT opened at $37.97 on Monday. The company’s fifty day moving average is $37.22 and its two-hundred day moving average is $38.51. The company has a market cap of $5.25 billion, a P/E ratio of 23.44, a price-to-earnings-growth ratio of 1.15 and a beta of 0.72. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $24.29 and a 12-month high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last issued its earnings results on Tuesday, March 17th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.40 by $0.08. The business had revenue of $398.47 million during the quarter, compared to analysts’ expectations of $397.20 million. Atour Lifestyle had a return on equity of 46.96% and a net margin of 16.58%. Equities research analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ATAT shares. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 target price on shares of Atour Lifestyle in a report on Tuesday, March 17th. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Atour Lifestyle has a consensus rating of “Moderate Buy” and an average price target of $48.00.

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.