Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Sold by Aspex Management HK Ltd

Aspex Management HK Ltd reduced its holdings in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 19.7% during the 4th quarter, Holdings Channel reports. The firm owned 3,557,795 shares of the company’s stock after selling 870,988 shares during the quarter. Atour Lifestyle makes up about 2.8% of Aspex Management HK Ltd’s holdings, making the stock its 12th largest holding. Aspex Management HK Ltd’s holdings in Atour Lifestyle were worth $140,177,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its holdings in Atour Lifestyle by 651.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock valued at $25,000 after purchasing an additional 580 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Atour Lifestyle by 65.9% in the fourth 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 last quarter. Assetmark Inc. acquired a new position in Atour Lifestyle during the third quarter worth $37,000. Quarry LP acquired a new position in Atour Lifestyle during the third quarter worth $66,000. Finally, AdvisorShares Investments LLC acquired a new position in Atour Lifestyle during the fourth quarter worth $113,000. 17.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on ATAT shares. Weiss Ratings lowered Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Wall Street Zen raised Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Morgan Stanley restated an “overweight” rating and issued a $45.00 target price on shares of Atour Lifestyle in a research report on Tuesday, March 17th. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Finally, Zacks Research upgraded Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to MarketBeat, Atour Lifestyle has an average rating of “Buy” and an average target price of $48.00.

Atour Lifestyle Price Performance

Shares of NASDAQ ATAT opened at $33.83 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $29.81 and a 1-year high of $43.17. The company has a market cap of $4.67 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 0.81 and a beta of 0.62. The stock’s 50-day moving average is $36.38 and its two-hundred day moving average is $37.88.

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

Atour Lifestyle Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be issued a $0.54 dividend. This represents a dividend yield of 162.0%. The ex-dividend date is Friday, June 5th. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s dividend payout ratio (DPR) is currently 27.42%.

About Atour Lifestyle

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.