Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Stock Position Lowered by Arrowpoint Investment Partners Singapore Pte. Ltd.

Arrowpoint Investment Partners Singapore Pte. Ltd. lessened its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 46.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,787 shares of the company’s stock after selling 33,782 shares during the quarter. Arrowpoint Investment Partners Singapore Pte. Ltd.’s holdings in Atour Lifestyle were worth $1,528,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its position in shares of Atour Lifestyle by 651.7% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock valued at $25,000 after acquiring an additional 580 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Atour Lifestyle by 65.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock valued at $32,000 after buying an additional 325 shares during the period. Assetmark Inc. acquired a new position in Atour Lifestyle in the 3rd quarter valued at approximately $37,000. Quarry LP acquired a new position in Atour Lifestyle in the 3rd quarter valued at approximately $66,000. Finally, AdvisorShares Investments LLC acquired a new position in Atour Lifestyle in the 4th quarter valued at approximately $113,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on ATAT shares. UBS Group reiterated a “buy” rating on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Morgan Stanley reiterated an “overweight” rating and issued a $45.00 price objective on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Weiss Ratings lowered shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Finally, Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Atour Lifestyle currently has a consensus rating of “Moderate Buy” and an average price target of $48.00.

Atour Lifestyle Trading Down 3.5%

Shares of Atour Lifestyle stock opened at $34.03 on Friday. The firm has a fifty day simple moving average of $36.68 and a 200-day simple moving average of $38.05. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $29.81 and a 1-year high of $43.17. The stock has a market capitalization of $4.70 billion, a price-to-earnings ratio of 18.30, a PEG ratio of 0.86 and a beta of 0.62.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.11. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. The business had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. As a group, research analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 earnings per share for the current year.

Atour Lifestyle Increases Dividend

The business also recently announced an annual dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 5th will be given a dividend of $0.54 per share. This represents a yield of 159.0%. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date of this dividend is Friday, June 5th. Atour Lifestyle’s payout ratio is presently 17.74%.

Atour Lifestyle 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.