Capital Fund Management S.A. purchased a new position in Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 85,655 shares of the company's stock, valued at approximately $2,303,000. Capital Fund Management S.A. owned 0.06% of Atour Lifestyle at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in ATAT. Public Employees Retirement System of Ohio purchased a new position in Atour Lifestyle during the third quarter valued at $143,000. Pictet Asset Management Holding SA purchased a new position in shares of Atour Lifestyle during the fourth quarter valued at about $155,000. Cornerstone Investment Partners LLC bought a new stake in shares of Atour Lifestyle in the fourth quarter worth about $213,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Atour Lifestyle in the fourth quarter worth about $394,000. Finally, Y Intercept Hong Kong Ltd bought a new position in Atour Lifestyle during the third quarter valued at approximately $430,000. 17.79% of the stock is owned by hedge funds and other institutional investors.
Atour Lifestyle Price Performance
Shares of Atour Lifestyle stock traded up $0.01 on Friday, reaching $23.94. The company had a trading volume of 2,862,295 shares, compared to its average volume of 1,210,941. The firm has a market cap of $3.29 billion, a price-to-earnings ratio of 20.64, a P/E/G ratio of 0.59 and a beta of 0.51. The firm's 50-day moving average price is $28.45 and its two-hundred day moving average price is $27.35. Atour Lifestyle Holdings Limited has a 1 year low of $15.22 and a 1 year high of $33.32.
Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last posted 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. The business had revenue of $285.58 million for the quarter, compared to analysts' expectations of $275.49 million. Atour Lifestyle had a net margin of 17.43% and a return on equity of 48.26%. As a group, analysts anticipate that Atour Lifestyle Holdings Limited will post 1.24 EPS for the current year.
Analyst Upgrades and Downgrades
ATAT has been the topic of a number of research reports. UBS Group set a $37.30 price objective on Atour Lifestyle and gave the stock a "buy" rating in a research note on Thursday, March 6th. Bank of America upped their price target on shares of Atour Lifestyle from $35.30 to $36.80 and gave the company a "buy" rating in a research note on Friday, March 14th.
Check Out Our Latest Report on ATAT
Atour Lifestyle Profile
(
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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