Hsbc Holdings PLC Makes New $7.43 Million Investment in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Hsbc Holdings PLC bought a new position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 188,030 shares of the company’s stock, valued at approximately $7,430,000. Hsbc Holdings PLC owned about 0.14% of Atour Lifestyle at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Baillie Gifford & Co. bought a new position in Atour Lifestyle in the 4th quarter valued at $6,973,000. Prudential PLC raised its position in shares of Atour Lifestyle by 15.9% during the 3rd quarter. Prudential PLC now owns 822,347 shares of the company’s stock valued at $30,912,000 after acquiring an additional 112,751 shares during the last quarter. AIA Group Ltd raised its position in shares of Atour Lifestyle by 822.9% during the 3rd quarter. AIA Group Ltd now owns 99,863 shares of the company’s stock valued at $3,754,000 after acquiring an additional 89,043 shares during the last quarter. Vanguard Group Inc. increased its holdings in Atour Lifestyle by 2.1% in the third 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 during the last quarter. Finally, Triata Capital Ltd raised its position in shares of Atour Lifestyle by 55.5% in the 3rd quarter. Triata Capital Ltd now owns 665,269 shares of the company’s stock valued at $25,007,000 after acquiring an additional 237,466 shares during the period. 17.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ATAT. Zacks Research raised Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 3rd. UBS Group reaffirmed 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 target price on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Weiss Ratings cut Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Finally, Wall Street Zen raised Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. One analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $48.00.

Atour Lifestyle Stock Up 1.9%

ATAT stock opened at $32.13 on Friday. The company has a market cap of $4.42 billion, a price-to-earnings ratio of 17.27, a P/E/G ratio of 0.77 and a beta of 0.62. Atour Lifestyle Holdings Limited Sponsored ADR has a twelve month low of $31.14 and a twelve month high of $43.17. The business has a 50 day moving average price of $35.58 and a two-hundred day moving average price of $37.37.

Atour Lifestyle (NASDAQ:ATAT) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, topping 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 company had revenue of $407.74 million for the quarter, compared to analysts’ expectations of $379.74 million. On average, equities research analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current fiscal year.

Atour Lifestyle Increases Dividend

The company also recently declared an annual dividend, which was paid on Monday, June 22nd. Shareholders of record on Friday, June 5th were given a dividend of $0.54 per share. This represents a yield of 162.0%. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date of this dividend was Friday, June 5th. Atour Lifestyle’s payout ratio 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.