Fideuram Asset Management Ireland dac Buys New Holdings in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Fideuram Asset Management Ireland dac bought a new stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 58,765 shares of the company’s stock, valued at approximately $2,315,000.

Several other hedge funds have also recently bought and sold shares of the stock. Geode Capital Management LLC lifted its position in Atour Lifestyle by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 106,032 shares of the company’s stock worth $4,178,000 after acquiring an additional 1,350 shares during the last quarter. Legal & General Group Plc lifted its position in Atour Lifestyle by 121.8% during the fourth quarter. Legal & General Group Plc now owns 155,165 shares of the company’s stock worth $6,114,000 after acquiring an additional 85,201 shares during the last quarter. William Blair Investment Management LLC lifted its position in Atour Lifestyle by 34.8% during the fourth quarter. William Blair Investment Management LLC now owns 255,330 shares of the company’s stock worth $10,060,000 after acquiring an additional 65,849 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Atour Lifestyle by 65.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after acquiring an additional 325 shares during the last quarter. Finally, ABN Amro Investment Solutions lifted its position in Atour Lifestyle by 113.3% during the fourth quarter. ABN Amro Investment Solutions now owns 211,930 shares of the company’s stock worth $8,350,000 after acquiring an additional 112,591 shares during the last quarter. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ATAT shares. Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. Weiss Ratings downgraded shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Morgan Stanley restated an “overweight” rating and set a $45.00 price objective on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Finally, UBS Group restated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $48.00.

Atour Lifestyle Trading Up 0.6%

Shares of ATAT opened at $34.34 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a 12 month low of $29.81 and a 12 month high of $43.17. The firm’s 50 day moving average is $36.82 and its 200-day moving average is $38.22. The stock has a market capitalization of $4.75 billion, a PE ratio of 18.46, a P/E/G ratio of 0.84 and a beta of 0.72.

Atour Lifestyle (NASDAQ:ATAT) last announced its earnings results on Wednesday, May 13th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.37 by $0.11. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. The company had revenue of $407.74 million for the quarter, compared to analysts’ expectations of $379.74 million. Equities research analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.07 earnings per share for the current fiscal year.

Atour Lifestyle Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 5th will be paid a $0.54 dividend. This represents a yield of 140.0%. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date of this dividend is Friday, June 5th. Atour Lifestyle’s payout ratio is 17.74%.

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.