Citigroup Inc. increased its holdings in shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) by 28.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 171,908 shares of the company's stock after acquiring an additional 38,524 shares during the quarter. Citigroup Inc. owned about 0.12% of Atour Lifestyle worth $4,459,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. First Beijing Investment Ltd increased its holdings in shares of Atour Lifestyle by 175.0% during the 3rd quarter. First Beijing Investment Ltd now owns 5,639,562 shares of the company's stock worth $146,290,000 after buying an additional 3,588,469 shares during the last quarter. M&G PLC raised its position in Atour Lifestyle by 173.2% in the third quarter. M&G PLC now owns 3,518,106 shares of the company's stock valued at $91,471,000 after purchasing an additional 2,230,247 shares during the period. Vanguard Group Inc. acquired a new position in shares of Atour Lifestyle in the 1st quarter valued at $35,534,000. M&G Plc purchased a new position in shares of Atour Lifestyle during the 2nd quarter worth $23,181,000. Finally, Renaissance Technologies LLC increased its position in shares of Atour Lifestyle by 126.7% during the 2nd quarter. Renaissance Technologies LLC now owns 783,400 shares of the company's stock worth $14,375,000 after purchasing an additional 437,900 shares during the last quarter. Institutional investors and hedge funds own 17.79% of the company's stock.
Atour Lifestyle Trading Up 3.0 %
NASDAQ ATAT traded up $0.75 during trading hours on Tuesday, reaching $25.96. The company had a trading volume of 2,198,424 shares, compared to its average volume of 1,276,701. The stock has a market capitalization of $3.57 billion, a P/E ratio of 22.38, a price-to-earnings-growth ratio of 0.59 and a beta of 0.52. The stock has a 50-day moving average of $26.34 and a 200 day moving average of $20.97. Atour Lifestyle Holdings Limited has a 1-year low of $15.06 and a 1-year high of $29.15.
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.
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