Capital Wealth Planning LLC grew its holdings in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report) by 51.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 393,627 shares of the company’s stock after purchasing an additional 134,392 shares during the quarter. Capital Wealth Planning LLC’s holdings in Atour Lifestyle were worth $15,694,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its stake in shares of Atour Lifestyle by 651.7% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock worth $25,000 after purchasing an additional 580 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Atour Lifestyle by 65.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after purchasing an additional 325 shares during the period. Assetmark Inc. purchased a new position in shares of Atour Lifestyle during the 3rd quarter worth $37,000. Quarry LP purchased a new position in shares of Atour Lifestyle during the 3rd quarter worth $66,000. Finally, AdvisorShares Investments LLC purchased a new position in shares of Atour Lifestyle in the 4th quarter worth $113,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently weighed in on ATAT. Zacks Research raised Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. Wall Street Zen raised Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. Morgan Stanley reaffirmed an “overweight” rating and issued a $45.00 target price on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Weiss Ratings lowered Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Finally, UBS Group reaffirmed a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. According to data from MarketBeat, Atour Lifestyle has a consensus rating of “Buy” and a consensus target price of $48.00.
Atour Lifestyle Trading Up 0.7%
Shares of NASDAQ ATAT opened at $33.51 on Thursday. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $29.81 and a 12-month high of $43.17. The company has a market cap of $4.63 billion, a P/E ratio of 18.02, a P/E/G ratio of 0.81 and a beta of 0.62. The stock has a fifty day moving average price of $36.51 and a 200 day moving average price of $37.94.
Atour Lifestyle (NASDAQ:ATAT – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.11. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The firm had revenue of $407.74 million during the quarter, compared to the consensus estimate of $379.74 million. On average, sell-side analysts forecast that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current fiscal year.
Atour Lifestyle Increases Dividend
The business also recently declared an annual dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 5th will be issued a $0.54 dividend. The ex-dividend date is Friday, June 5th. This represents a yield of 162.0%. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s payout ratio is currently 27.42%.
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.
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