Aberdeen Group plc Lowers Stock Holdings in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Aberdeen Group plc reduced its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 10.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 814,537 shares of the company’s stock after selling 93,487 shares during the quarter. Aberdeen Group plc’s holdings in Atour Lifestyle were worth $32,093,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of ATAT. OLP CAPITAL MANAGEMENT Ltd lifted its stake in Atour Lifestyle by 6.4% in the 3rd quarter. OLP CAPITAL MANAGEMENT Ltd now owns 8,524,608 shares of the company’s stock worth $320,440,000 after purchasing an additional 509,267 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Atour Lifestyle by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 2,779,715 shares of the company’s stock valued at $104,489,000 after purchasing an additional 56,002 shares in the last quarter. Greenwoods Asset Management Hong Kong Ltd. increased its holdings in shares of Atour Lifestyle by 986.9% in the third quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock worth $86,086,000 after purchasing an additional 2,079,436 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Atour Lifestyle by 44.5% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,995,943 shares of the company’s stock worth $75,027,000 after buying an additional 614,343 shares in the last quarter. Finally, Schroder Investment Management Group raised its position in shares of Atour Lifestyle by 69.5% in the third quarter. Schroder Investment Management Group now owns 1,656,928 shares of the company’s stock worth $62,532,000 after buying an additional 679,256 shares in the last quarter. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on ATAT. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $45.00 price target on shares of Atour Lifestyle in a report on Tuesday, March 17th. Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Finally, Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $48.00.

Atour Lifestyle Price Performance

NASDAQ ATAT opened at $36.48 on Friday. The stock’s 50-day simple moving average is $37.30 and its two-hundred day simple moving average is $38.46. Atour Lifestyle Holdings Limited Sponsored ADR has a twelve month low of $21.50 and a twelve month high of $43.17. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 1.10 and a beta of 0.82.

Atour Lifestyle (NASDAQ:ATAT) last posted its quarterly earnings data on Tuesday, March 17th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.08. The firm had revenue of $398.47 million during the quarter, compared to analysts’ expectations of $397.20 million. Atour Lifestyle had a return on equity of 46.96% and a net margin of 16.58%. On average, equities analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 earnings per share for the current fiscal year.

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.