Quadrature Capital Ltd bought a new position in shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 32,977 shares of the company's stock, valued at approximately $856,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. First Beijing Investment Ltd increased its position in shares of Atour Lifestyle by 175.0% during the third quarter. First Beijing Investment Ltd now owns 5,639,562 shares of the company's stock worth $146,290,000 after acquiring an additional 3,588,469 shares in the last quarter. M&G PLC increased its holdings in Atour Lifestyle by 173.2% during the 3rd quarter. M&G PLC now owns 3,518,106 shares of the company's stock worth $91,471,000 after purchasing an additional 2,230,247 shares in the last quarter. M&G Plc acquired a new stake in shares of Atour Lifestyle in the 2nd quarter valued at about $23,181,000. Prudential PLC acquired a new stake in Atour Lifestyle in the 2nd quarter valued at approximately $13,161,000. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Atour Lifestyle by 174.4% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,116,600 shares of the company's stock valued at $28,965,000 after acquiring an additional 709,700 shares in the last quarter. 17.79% of the stock is owned by institutional investors and hedge funds.
Atour Lifestyle Price Performance
Shares of ATAT traded up $0.20 during mid-day trading on Friday, hitting $26.49. 655,333 shares of the company's stock were exchanged, compared to its average volume of 1,379,243. The company has a 50-day simple moving average of $26.53 and a 200 day simple moving average of $21.18. The company has a market cap of $3.65 billion, a PE ratio of 22.84, a P/E/G ratio of 0.62 and a beta of 0.52. Atour Lifestyle Holdings Limited has a 52 week low of $15.22 and a 52 week high of $29.15.
Atour Lifestyle Profile
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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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