Atour Lifestyle Holdings Limited Sponsored ADR $ATAT is AI Squared Management Ltd’s 7th Largest Position

AI Squared Management Ltd decreased its stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 11.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 143,000 shares of the company’s stock after selling 18,158 shares during the period. Atour Lifestyle comprises about 6.5% of AI Squared Management Ltd’s holdings, making the stock its 7th biggest position. AI Squared Management Ltd’s holdings in Atour Lifestyle were worth $5,634,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its holdings in Atour Lifestyle by 65.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock valued at $32,000 after acquiring an additional 325 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings 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 worth $25,000 after buying an additional 580 shares during the period. Ritholtz Wealth Management lifted its holdings in shares of Atour Lifestyle by 8.2% in the 4th quarter. Ritholtz Wealth Management now owns 12,070 shares of the company’s stock worth $476,000 after buying an additional 912 shares during the period. Assetmark Inc. bought a new position in shares of Atour Lifestyle during the 3rd quarter worth $37,000. Finally, Squarepoint Ops LLC increased its stake in shares of Atour Lifestyle by 3.8% during the second quarter. Squarepoint Ops LLC now owns 29,458 shares of the company’s stock valued at $958,000 after buying an additional 1,073 shares during the period. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Wall Street Analyst Weigh In

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

Atour Lifestyle Price Performance

Shares of NASDAQ ATAT opened at $33.37 on Friday. The business has a fifty day moving average price of $36.44 and a 200 day moving average price of $37.91. 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 $4.61 billion, a P/E ratio of 17.94, a price-to-earnings-growth ratio of 0.82 and a beta of 0.62.

Atour Lifestyle (NASDAQ:ATAT) last announced its 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 company had revenue of $407.74 million for the quarter, compared to analyst estimates of $379.74 million. As a group, 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 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. The ex-dividend date of this dividend 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 dividend 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.