Paradiem LLC Takes $968,000 Position in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Paradiem LLC acquired a new position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,756 shares of the company’s stock, valued at approximately $968,000.

Other large investors have also added to or reduced their stakes in the company. Hollencrest Capital Management acquired a new stake in Atour Lifestyle in the 2nd quarter valued at $29,000. Loomis Sayles & Co. L P grew its holdings in shares of Atour Lifestyle by 322.0% in the 2nd quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock valued at $47,000 after acquiring an additional 1,111 shares in the last quarter. Blue Trust Inc. bought a new position in shares of Atour Lifestyle in the 3rd quarter valued at about $60,000. Raymond James Financial Inc. acquired a new stake in shares of Atour Lifestyle in the second quarter valued at about $118,000. Finally, AdvisorShares Investments LLC bought a new stake in Atour Lifestyle during the second quarter worth about $120,000. Institutional investors and hedge funds own 17.79% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on ATAT. Macquarie raised their price target on Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a research note on Tuesday, November 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, October 8th. JPMorgan Chase & Co. initiated coverage on shares of Atour Lifestyle in a report on Wednesday, November 12th. They set an “overweight” rating and a $57.00 target price on the stock. Citigroup upped their price target on shares of Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Finally, Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $44.68.

Atour Lifestyle Price Performance

ATAT stock opened at $41.74 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a one year low of $21.50 and a one year high of $43.17. The stock has a market cap of $5.77 billion, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 1.14 and a beta of 0.80. The company has a fifty day moving average price of $39.98 and a two-hundred day moving average price of $37.23.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Tuesday, November 25th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $368.95 million during the quarter, compared to analysts’ expectations of $340.27 million. Atour Lifestyle had a net margin of 16.21% and a return on equity of 44.62%. Research analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 EPS for the current fiscal year.

Atour Lifestyle Cuts Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were given a dividend of $0.36 per share. The ex-dividend date was Friday, December 5th. This represents a yield of 84.0%. Atour Lifestyle’s dividend payout ratio (DPR) is 22.45%.

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.