Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd trimmed its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 43.1% in the 1st quarter, Holdings Channel reports. The firm owned 57,287 shares of the company’s stock after selling 43,422 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Atour Lifestyle were worth $2,109,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Baillie Gifford & Co. acquired a new stake in Atour Lifestyle during the 4th quarter worth $6,973,000. Prudential PLC grew its holdings in shares of Atour Lifestyle by 15.9% during the third quarter. Prudential PLC now owns 822,347 shares of the company’s stock worth $30,912,000 after buying an additional 112,751 shares in the last quarter. AIA Group Ltd raised its position in shares of Atour Lifestyle by 822.9% in the third quarter. AIA Group Ltd now owns 99,863 shares of the company’s stock valued at $3,754,000 after buying an additional 89,043 shares during the last quarter. Broad Peak Investment Advisers Pte Ltd acquired a new stake in shares of Atour Lifestyle in the fourth quarter valued at about $31,756,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in shares of Atour Lifestyle in the third quarter worth about $2,728,000. 17.79% of the stock is owned by institutional investors and hedge funds.

Atour Lifestyle Trading Down 1.1%

Atour Lifestyle stock opened at $31.84 on Thursday. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $31.04 and a 12-month high of $43.17. The stock has a market cap of $4.38 billion, a P/E ratio of 17.12, a PEG ratio of 0.79 and a beta of 0.65. The company has a 50-day moving average price of $34.58 and a 200 day moving average price of $36.81.

Atour Lifestyle (NASDAQ:ATAT) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.11. The business had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. As a group, analysts forecast that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current year.

Atour Lifestyle Increases Dividend

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on ATAT shares. Weiss Ratings lowered shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Zacks Research upgraded shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 3rd. UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Morgan Stanley restated an “overweight” rating and issued a $45.00 price target on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Finally, Wall Street Zen raised Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. One 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, the company has a consensus rating of “Buy” and a consensus price target 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.