Caxton Associates LP Has $2.54 Million Position in Atour Lifestyle Holdings Limited (NASDAQ:ATAT)

Caxton Associates LP grew its position in Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) by 296.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 94,434 shares of the company's stock after buying an additional 70,602 shares during the period. Caxton Associates LP owned approximately 0.07% of Atour Lifestyle worth $2,539,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Bank of America Corp DE grew its stake in Atour Lifestyle by 8.3% in the fourth quarter. Bank of America Corp DE now owns 3,534,543 shares of the company's stock valued at $95,044,000 after acquiring an additional 269,656 shares during the period. JPMorgan Chase & Co. grew its position in shares of Atour Lifestyle by 39.9% in the 4th quarter. JPMorgan Chase & Co. now owns 1,413,593 shares of the company's stock valued at $38,012,000 after purchasing an additional 402,974 shares during the period. Norges Bank bought a new stake in Atour Lifestyle during the 4th quarter worth approximately $36,489,000. Renaissance Technologies LLC raised its holdings in Atour Lifestyle by 56.8% during the 4th quarter. Renaissance Technologies LLC now owns 1,218,468 shares of the company's stock worth $32,765,000 after buying an additional 441,200 shares during the period. Finally, Schroder Investment Management Group lifted its stake in Atour Lifestyle by 20.3% in the fourth quarter. Schroder Investment Management Group now owns 1,203,723 shares of the company's stock valued at $31,971,000 after buying an additional 203,037 shares in the last quarter. Institutional investors own 17.79% of the company's stock.

Atour Lifestyle Stock Performance

ATAT traded up $0.11 on Friday, hitting $28.52. 1,491,549 shares of the company were exchanged, compared to its average volume of 1,229,936. The stock's fifty day moving average is $26.82 and its 200-day moving average is $27.11. The company has a market cap of $3.92 billion, a PE ratio of 24.59, a PEG ratio of 0.59 and a beta of 0.59. Atour Lifestyle Holdings Limited has a 12 month low of $15.22 and a 12 month high of $33.32.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last released its quarterly earnings data on Tuesday, March 25th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. Atour Lifestyle had a return on equity of 48.26% and a net margin of 17.43%. The company had revenue of $285.58 million during the quarter, compared to the consensus estimate of $275.49 million. As a group, equities research analysts expect that Atour Lifestyle Holdings Limited will post 1.24 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on ATAT shares. UBS Group set a $37.30 price objective on shares of Atour Lifestyle and gave the stock a "buy" rating in a report on Thursday, March 6th. Bank of America lifted their price target on Atour Lifestyle from $35.30 to $36.80 and gave the company a "buy" rating in a research note on Friday, March 14th.

About Atour Lifestyle

Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People's Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.