Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $27.09, but opened at $27.70. Atour Lifestyle shares last traded at $25.07, with a volume of 278,040 shares.
Atour Lifestyle Stock Down 5.7 %
The firm has a 50-day moving average price of $25.49 and a two-hundred day moving average price of $20.54. The firm has a market cap of $3.52 billion, a PE ratio of 24.81, a P/E/G ratio of 0.63 and a beta of 0.64.
Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last posted its quarterly earnings results on Thursday, August 29th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). Atour Lifestyle had a net margin of 17.16% and a return on equity of 47.07%. The firm had revenue of $247.28 million during the quarter, compared to analysts' expectations of $244.72 million. Research analysts forecast that Atour Lifestyle Holdings Limited will post 1.22 earnings per share for the current fiscal year.
Atour Lifestyle Dividend Announcement
The business also recently disclosed an annual dividend, which was paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th were paid a $0.40 dividend. This represents a dividend yield of 2.1%. The ex-dividend date was Tuesday, September 17th. Atour Lifestyle's payout ratio is presently 40.78%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in ATAT. SG Americas Securities LLC purchased a new position in shares of Atour Lifestyle during the first quarter worth about $275,000. Sei Investments Co. lifted its stake in Atour Lifestyle by 112.9% in the first quarter. Sei Investments Co. now owns 110,634 shares of the company's stock valued at $1,985,000 after buying an additional 58,667 shares during the last quarter. Vanguard Group Inc. acquired a new stake in shares of Atour Lifestyle in the first quarter valued at approximately $35,534,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Atour Lifestyle during the first quarter worth approximately $7,300,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Atour Lifestyle by 363.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 883,921 shares of the company's stock valued at $15,859,000 after acquiring an additional 693,322 shares during the period. Hedge funds and other institutional investors own 17.79% of the company's stock.
Atour Lifestyle Company Profile
(
Get 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.
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