GAM Holding AG bought a new position in Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 100,000 shares of the company's stock, valued at approximately $2,594,000. GAM Holding AG owned about 0.07% of Atour Lifestyle as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quadrature Capital Ltd bought a new stake in shares of Atour Lifestyle in the 4th quarter worth approximately $260,000. SG Americas Securities LLC bought a new stake in shares of Atour Lifestyle in the 1st quarter worth approximately $275,000. XTX Topco Ltd bought a new stake in shares of Atour Lifestyle in the 2nd quarter worth approximately $390,000. Van Berkom & Associates Inc. bought a new stake in shares of Atour Lifestyle in the 2nd quarter worth approximately $492,000. Finally, Marshall Wace LLP raised its holdings in shares of Atour Lifestyle by 19.6% in the 2nd quarter. Marshall Wace LLP now owns 63,289 shares of the company's stock worth $1,161,000 after purchasing an additional 10,386 shares during the period. Hedge funds and other institutional investors own 17.79% of the company's stock.
Atour Lifestyle Trading Down 1.9 %
Shares of NASDAQ:ATAT traded down $0.50 during mid-day trading on Wednesday, reaching $26.46. The company had a trading volume of 1,095,848 shares, compared to its average volume of 925,659. The firm has a market cap of $3.64 billion, a price-to-earnings ratio of 27.30, a PEG ratio of 0.68 and a beta of 0.63. The company's 50-day moving average price is $22.11 and its 200-day moving average price is $19.34. Atour Lifestyle Holdings Limited has a one year low of $15.06 and a one year high of $29.15.
Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last posted its quarterly earnings results on Thursday, August 29th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.02). The company had revenue of $247.28 million during the quarter, compared to the consensus estimate 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 anticipate that Atour Lifestyle Holdings Limited will post 1.22 EPS for the current fiscal year.
Atour Lifestyle Dividend Announcement
The firm also recently announced an annual dividend, which was paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th were issued a dividend of $0.40 per share. The ex-dividend date was Tuesday, September 17th. This represents a yield of 2.1%. Atour Lifestyle's payout ratio is 43.30%.
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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