Candriam S.C.A. Purchases Shares of 33,800 Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Candriam S.C.A. acquired a new position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 33,800 shares of the company’s stock, valued at approximately $1,271,000.

Other large investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its stake in Atour Lifestyle by 11,289.7% during the 2nd quarter. SG Americas Securities LLC now owns 1,390,686 shares of the company’s stock valued at $45,211,000 after acquiring an additional 1,378,476 shares in the last quarter. Tree Line Advisors Hong Kong Ltd. bought a new stake in shares of Atour Lifestyle during the second quarter valued at about $29,259,000. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in Atour Lifestyle by 173.9% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,381,600 shares of the company’s stock worth $44,916,000 after purchasing an additional 877,153 shares during the period. Norges Bank bought a new position in Atour Lifestyle in the 2nd quarter valued at about $27,627,000. Finally, Aspex Management HK Ltd grew its position in Atour Lifestyle by 17.8% in the 2nd quarter. Aspex Management HK Ltd now owns 5,314,881 shares of the company’s stock valued at $172,787,000 after buying an additional 804,245 shares in the last quarter. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Atour Lifestyle Stock Up 1.2%

Shares of NASDAQ ATAT opened at $39.69 on Friday. The stock’s fifty day simple moving average is $39.45 and its 200 day simple moving average is $38.27. The stock has a market capitalization of $5.48 billion, a price-to-earnings ratio of 27.00, a PEG ratio of 0.81 and a beta of 0.80. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $21.50 and a 52-week high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The business had revenue of $368.95 million during the quarter, compared to analyst estimates of $340.27 million. Atour Lifestyle had a return on equity of 44.62% and a net margin of 16.21%. As a group, analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 earnings per share for the current year.

Atour Lifestyle Cuts Dividend

The company also recently declared an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 5th were issued a dividend of $0.36 per share. The ex-dividend date was Friday, December 5th. This represents a dividend yield of 84.0%. Atour Lifestyle’s payout ratio is currently 22.45%.

Wall Street Analysts Forecast Growth

ATAT has been the subject of a number of research analyst reports. JPMorgan Chase & Co. began coverage on shares of Atour Lifestyle in a research note on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 price target for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. CLSA initiated coverage on Atour Lifestyle in a research report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price target on the stock. Citigroup upped their price objective on Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Finally, Zacks Research cut Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $45.30.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company’s core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.

In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.