Mirae Asset Global Investments Co. Ltd. Sells 47,055 Shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT)

Mirae Asset Global Investments Co. Ltd. trimmed its position in shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) by 37.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,561 shares of the company's stock after selling 47,055 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.06% of Atour Lifestyle worth $2,037,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ATAT. SG Americas Securities LLC bought a new position in shares of Atour Lifestyle during the first quarter worth $275,000. XTX Topco Ltd bought a new stake in Atour Lifestyle in the 2nd quarter valued at $390,000. Van Berkom & Associates Inc. bought a new stake in Atour Lifestyle in the 2nd quarter valued at $492,000. Marshall Wace LLP lifted its position in Atour Lifestyle by 19.6% in the 2nd quarter. Marshall Wace LLP now owns 63,289 shares of the company's stock valued at $1,161,000 after acquiring an additional 10,386 shares in the last quarter. Finally, Sei Investments Co. lifted its position in Atour Lifestyle by 112.9% in the 1st quarter. Sei Investments Co. now owns 110,634 shares of the company's stock valued at $1,985,000 after acquiring an additional 58,667 shares in the last quarter. 17.79% of the stock is owned by institutional investors.

Atour Lifestyle Trading Down 1.0 %

Shares of Atour Lifestyle stock traded down $0.27 during trading on Thursday, hitting $26.20. 709,570 shares of the stock were exchanged, compared to its average volume of 921,584. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 25.49, a price-to-earnings-growth ratio of 0.68 and a beta of 0.63. The company has a fifty day moving average price of $23.23 and a 200-day moving average price of $19.68. Atour Lifestyle Holdings Limited has a 1-year low of $15.06 and a 1-year high of $29.15.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $244.72 million. Atour Lifestyle had a net margin of 17.16% and a return on equity of 47.07%. Equities research analysts forecast that Atour Lifestyle Holdings Limited will post 1.22 EPS for the current fiscal year.

Atour Lifestyle Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th were given a dividend of $0.40 per share. This represents a dividend yield of 2.1%. The ex-dividend date was Tuesday, September 17th. Atour Lifestyle's dividend payout ratio (DPR) is presently 40.78%.

Atour Lifestyle Company Profile

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.