Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Stock Holdings Increased by Aberdeen Group plc

by · The Markets Daily

Aberdeen Group plc increased its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report) by 290.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 740,294 shares of the company’s stock after acquiring an additional 550,604 shares during the period. Aberdeen Group plc’s holdings in Atour Lifestyle were worth $24,437,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Atlas Capital Advisors Inc. acquired a new position in Atour Lifestyle in the first quarter worth approximately $27,000. Leading Securities Co Ltd increased its holdings in Atour Lifestyle by 2.2% in the first quarter. Leading Securities Co Ltd now owns 53,226 shares of the company’s stock worth $1,509,000 after buying an additional 1,137 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Atour Lifestyle by 3.0% in the first quarter. Envestnet Asset Management Inc. now owns 53,827 shares of the company’s stock worth $1,526,000 after buying an additional 1,549 shares during the last quarter. Summit Securities Group LLC acquired a new position in Atour Lifestyle in the first quarter worth approximately $71,000. Finally, Deutsche Bank AG increased its holdings in Atour Lifestyle by 31.0% in the first quarter. Deutsche Bank AG now owns 11,438 shares of the company’s stock worth $324,000 after buying an additional 2,708 shares during the last quarter. Institutional investors and hedge funds own 17.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, October 8th. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Finally, Jefferies Financial Group began coverage on Atour Lifestyle in a report on Monday, September 29th. They set a “buy” rating and a $48.00 price target on the stock. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $38.90.

Get Our Latest Research Report on ATAT

Atour Lifestyle Stock Performance

Shares of NASDAQ ATAT opened at $35.34 on Tuesday. The stock has a market cap of $4.88 billion, a PE ratio of 25.61, a PEG ratio of 1.17 and a beta of 0.79. The business has a fifty day moving average of $37.12 and a two-hundred day moving average of $32.58. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $21.50 and a 52-week high of $40.39.

Atour Lifestyle (NASDAQ:ATAT – Get Free Report) last issued its quarterly earnings data on Tuesday, August 26th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.01. The company had revenue of $344.49 million during the quarter, compared to analysts’ expectations of $326.00 million. Atour Lifestyle had a return on equity of 45.66% and a net margin of 16.52%. Atour Lifestyle has set its FY 2025 guidance at EPS. Analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 earnings per share for the current year.

About Atour Lifestyle

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding ATAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report).