XTX Topco Ltd Sells 37,814 Shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT)

XTX Topco Ltd decreased its holdings in Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) by 81.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,824 shares of the company's stock after selling 37,814 shares during the period. XTX Topco Ltd's holdings in Atour Lifestyle were worth $237,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of Atour Lifestyle by 39.9% during the fourth quarter. JPMorgan Chase & Co. now owns 1,413,593 shares of the company's stock worth $38,012,000 after buying an additional 402,974 shares during the last quarter. Norges Bank acquired a new stake in shares of Atour Lifestyle during the 4th quarter valued at $36,489,000. Renaissance Technologies LLC grew its position 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 acquiring an additional 441,200 shares during the last quarter. Schroder Investment Management Group increased its holdings in Atour Lifestyle by 20.3% in the 4th quarter. Schroder Investment Management Group now owns 1,203,723 shares of the company's stock worth $31,971,000 after purchasing an additional 203,037 shares in the last quarter. Finally, William Blair Investment Management LLC bought a new position in Atour Lifestyle in the fourth quarter valued at about $24,433,000. Institutional investors and hedge funds own 17.79% of the company's stock.

Atour Lifestyle Stock Up 0.2 %

Shares of NASDAQ ATAT traded up $0.04 during trading on Friday, reaching $24.74. The company had a trading volume of 378,952 shares, compared to its average volume of 1,209,963. Atour Lifestyle Holdings Limited has a 12 month low of $15.22 and a 12 month high of $33.32. The stock has a market cap of $3.40 billion, a P/E ratio of 21.38, a PEG ratio of 0.59 and a beta of 0.51. The company's fifty day moving average price is $27.22 and its 200-day moving average price is $27.11.

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on ATAT shares. UBS Group set a $37.30 price objective on Atour Lifestyle and gave the company a "buy" rating in a research note on Thursday, March 6th. Bank of America upped their price target on shares of Atour Lifestyle from $35.30 to $36.80 and gave the company a "buy" rating in a research report on Friday, March 14th.

Atour Lifestyle Company Profile

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.