Headwater Capital Co Ltd Has $7.88 Million Stake in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Headwater Capital Co Ltd lifted its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATATFree Report) by 11.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 200,000 shares of the company’s stock after purchasing an additional 20,000 shares during the quarter. Atour Lifestyle accounts for 1.1% of Headwater Capital Co Ltd’s portfolio, making the stock its 15th largest position. Headwater Capital Co Ltd owned about 0.14% of Atour Lifestyle worth $7,880,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its holdings in Atour Lifestyle by 651.7% during 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 in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Atour Lifestyle by 65.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock valued at $32,000 after purchasing an additional 325 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in Atour Lifestyle during the fourth quarter valued at approximately $37,000. Assetmark Inc. acquired a new stake in Atour Lifestyle during the third quarter valued at approximately $37,000. Finally, Quarry LP acquired a new stake in Atour Lifestyle during the third quarter valued at approximately $66,000. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Read Our Latest Report on ATAT

Atour Lifestyle Stock Performance

Shares of Atour Lifestyle stock opened at $32.80 on Wednesday. The firm has a fifty day moving average of $36.24 and a two-hundred day moving average of $37.82. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 0.81 and a beta of 0.62. Atour Lifestyle Holdings Limited Sponsored ADR has a 52 week low of $29.81 and a 52 week high of $43.17.

Atour Lifestyle (NASDAQ:ATATGet Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.11. The firm had revenue of $407.74 million for the quarter, compared to analyst estimates of $379.74 million. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%. As a group, research analysts forecast that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS 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 paid a dividend of $0.54 per share. The ex-dividend date is Friday, June 5th. This represents a dividend yield of 162.0%. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. Atour Lifestyle’s dividend payout ratio (DPR) is currently 27.42%.

Atour Lifestyle Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Atour Lifestyle (NASDAQ:ATAT)

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