Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Bought by Wellington Management Group LLP

Wellington Management Group LLP grew its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 116.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 348,174 shares of the company’s stock after purchasing an additional 187,608 shares during the period. Wellington Management Group LLP’s holdings in Atour Lifestyle were worth $11,072,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. OLP CAPITAL MANAGEMENT Ltd boosted its position in shares of Atour Lifestyle by 1.5% in the 4th quarter. OLP CAPITAL MANAGEMENT Ltd now owns 8,656,494 shares of the company’s stock worth $341,066,000 after purchasing an additional 131,886 shares in the last quarter. JPMorgan Chase & Co. increased its position in Atour Lifestyle by 234.2% during the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock valued at $135,073,000 after buying an additional 2,402,412 shares in the last quarter. Vanguard Group Inc. increased its position in Atour Lifestyle by 22.5% during the 4th quarter. Vanguard Group Inc. now owns 3,406,470 shares of the company’s stock valued at $134,215,000 after buying an additional 626,755 shares in the last quarter. WFM ASIA BVI Ltd raised its stake in Atour Lifestyle by 184.4% in the fourth quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock valued at $124,324,000 after buying an additional 2,045,832 shares during the last quarter. Finally, Schroder Investment Management Group raised its stake in Atour Lifestyle by 64.0% in the fourth quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock valued at $107,085,000 after buying an additional 1,060,966 shares during the last quarter. 17.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ATAT shares. Zacks Research lowered Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Weiss Ratings lowered shares of Atour Lifestyle from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, August 31st. Finally, Wall Street Zen cut shares of Atour Lifestyle from a “buy” rating to a “hold” rating in a research note on Saturday. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $48.00.

Atour Lifestyle Price Performance

NASDAQ ATAT opened at $34.36 on Tuesday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1 year low of $30.77 and a 1 year high of $43.17. The company has a market capitalization of $4.72 billion, a PE ratio of 16.93, a P/E/G ratio of 0.93 and a beta of 0.63. The company has a fifty day moving average of $33.72 and a 200 day moving average of $35.31.

Atour Lifestyle (NASDAQ:ATAT) last announced its quarterly earnings results on Thursday, August 20th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.02. The company had revenue of $513.74 million for the quarter, compared to the consensus estimate of $484.56 million. Atour Lifestyle had a return on equity of 55.00% and a net margin of 16.75%. Research analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 earnings per share for the current year.

Atour Lifestyle Company 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.