Shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Get Free Report) rose 3.7% during mid-day trading on Tuesday . The company traded as high as $28.08 and last traded at $27.91. Approximately 493,887 shares were traded during trading, a decline of 46% from the average daily volume of 918,020 shares. The stock had previously closed at $26.92.
Atour Lifestyle Stock Up 0.1 %
The company has a market cap of $3.71 billion, a PE ratio of 27.79, a P/E/G ratio of 0.68 and a beta of 0.63. The business has a 50-day simple moving average of $21.92 and a 200-day simple moving average of $19.28.
Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last issued its quarterly earnings results on Thursday, August 29th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by ($0.02). The business had revenue of $247.28 million for the quarter, compared to analysts' expectations of $244.72 million. Atour Lifestyle had a return on equity of 47.07% and a net margin of 17.16%. On average, research analysts forecast that Atour Lifestyle Holdings Limited will post 1.22 EPS for the current fiscal year.
Atour Lifestyle Dividend Announcement
The company also recently announced an annual dividend, which was paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th were given a $0.40 dividend. The ex-dividend date was Tuesday, September 17th. This represents a dividend yield of 2.1%. Atour Lifestyle's dividend payout ratio (DPR) is presently 43.30%.
Hedge Funds Weigh In On Atour Lifestyle
Several hedge funds and other institutional investors have recently made changes to their positions in ATAT. Quadrature Capital Ltd purchased a new position in shares of Atour Lifestyle in the fourth quarter valued at approximately $260,000. SG Americas Securities LLC purchased a new position in Atour Lifestyle during the first quarter worth approximately $275,000. Sei Investments Co. lifted its position in Atour Lifestyle by 112.9% during the first quarter. Sei Investments Co. now owns 110,634 shares of the company's stock worth $1,985,000 after buying an additional 58,667 shares in the last quarter. Vanguard Group Inc. purchased a new position in Atour Lifestyle during the first quarter worth approximately $35,534,000. Finally, Burgundy Asset Management Ltd. lifted its position in Atour Lifestyle by 0.5% during the first quarter. Burgundy Asset Management Ltd. now owns 433,350 shares of the company's stock worth $7,774,000 after buying an additional 2,245 shares in the last quarter. Hedge funds and other institutional investors own 17.79% of the company's stock.
Atour Lifestyle Company Profile
(
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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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