XTX Topco Ltd boosted its stake in Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) by 119.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,638 shares of the company's stock after acquiring an additional 25,390 shares during the quarter. XTX Topco Ltd's holdings in Atour Lifestyle were worth $1,210,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Loomis Sayles & Co. L P acquired a new position in shares of Atour Lifestyle in the 3rd quarter valued at approximately $34,000. Marshall Wace LLP raised its position 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 valued at $1,161,000 after purchasing an additional 10,386 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Atour Lifestyle by 49.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 62,702 shares of the company's stock valued at $1,626,000 after purchasing an additional 20,869 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of Atour Lifestyle in the 3rd quarter valued at approximately $649,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of Atour Lifestyle in the 3rd quarter valued at approximately $666,000. Hedge funds and other institutional investors own 17.79% of the company's stock.
Atour Lifestyle Price Performance
Shares of ATAT stock traded down $2.13 on Tuesday, hitting $27.32. 2,239,842 shares of the stock traded hands, compared to its average volume of 980,820. The company has a market capitalization of $3.76 billion, a PE ratio of 23.55, a PEG ratio of 0.62 and a beta of 0.52. Atour Lifestyle Holdings Limited has a 1-year low of $15.22 and a 1-year high of $29.90. The company's fifty day moving average is $26.60 and its 200 day moving average is $21.29.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group started coverage on Atour Lifestyle in a research report on Monday. They issued a "buy" rating and a $34.40 target price on the stock.
View Our Latest Report on ATAT
Atour Lifestyle Company 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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