Leading Securities Co Ltd acquired a new stake in shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 52,089 shares of the company's stock, valued at approximately $1,401,000. Atour Lifestyle accounts for about 4.6% of Leading Securities Co Ltd's holdings, making the stock its 3rd largest holding.
Other hedge funds have also recently bought and sold shares of the company. FMR LLC increased its stake in Atour Lifestyle by 352.7% in the third quarter. FMR LLC now owns 889,942 shares of the company's stock valued at $23,085,000 after purchasing an additional 693,342 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Atour Lifestyle in the 3rd quarter valued at $1,251,000. Sanctuary Advisors LLC purchased a new position in shares of Atour Lifestyle in the 4th quarter worth $1,344,000. XTX Topco Ltd grew its position in Atour Lifestyle by 119.5% during the third quarter. XTX Topco Ltd now owns 46,638 shares of the company's stock valued at $1,210,000 after acquiring an additional 25,390 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Atour Lifestyle in the 3rd quarter worth about $2,741,000. Institutional investors and hedge funds own 17.79% of the company's stock.
Atour Lifestyle Trading Down 0.4 %
ATAT opened at $28.35 on Tuesday. Atour Lifestyle Holdings Limited has a twelve month low of $15.22 and a twelve month high of $33.32. The firm has a market cap of $3.90 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 0.59 and a beta of 0.37. The company has a fifty day simple moving average of $29.23 and a 200 day simple moving average of $27.20.
Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last announced its earnings results on Tuesday, March 25th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.03. Atour Lifestyle had a return on equity of 48.26% and a net margin of 17.43%. The business had revenue of $285.58 million for the quarter, compared to analyst estimates of $275.49 million. On average, analysts forecast that Atour Lifestyle Holdings Limited will post 1.24 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on ATAT shares. The Goldman Sachs Group initiated coverage on shares of Atour Lifestyle in a research report on Monday, December 9th. They set a "buy" rating and a $34.40 target price for the company. Bank of America lifted their target price on shares of Atour Lifestyle from $35.30 to $36.80 and gave the company a "buy" rating in a report on Friday, March 14th. Finally, UBS Group set a $37.30 price objective on Atour Lifestyle and gave the company a "buy" rating in a research report on Thursday, March 6th.
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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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