Aberdeen Group plc Sells 93,487 Shares of Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Key Points

• Aberdeen Group plc cut its position in Atour Lifestyle (NASDAQ:ATAT) by 10.3%, selling 93,487 shares and finishing Q4 with 814,537 shares (about 0.59% ownership) valued at $32,093,000.
• Atour opened at $36.48, trades in a 12‑month range of $21.50–$43.17 with a $5.04 billion market cap, and recently beat quarterly expectations with $0.48 EPS (vs. $0.40), a 16.58% net margin and 46.96% ROE.
• Analyst sentiment is largely positive—eight Buys and one Hold—with a consensus price target of $48 and recent buy/overweight reiterations from Morgan Stanley and UBS.

Aberdeen Group plc decreased its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 814,537 shares of the company's stock after selling 93,487 shares during the period. Aberdeen Group plc owned 0.59% of Atour Lifestyle worth $32,093,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its holdings in shares of Atour Lifestyle by 651.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company's stock valued at $25,000 after acquiring an additional 580 shares in the last quarter. Hollencrest Capital Management purchased a new stake in shares of Atour Lifestyle during the 2nd quarter valued at $29,000. Assetmark Inc. bought a new stake in shares of Atour Lifestyle during the 3rd quarter worth $37,000. Blue Trust Inc. bought a new stake in shares of Atour Lifestyle during the 3rd quarter worth $60,000. Finally, Quarry LP purchased a new position in shares of Atour Lifestyle in the 3rd quarter worth about $66,000. Institutional investors own 17.79% of the company's stock.

Atour Lifestyle Price Performance

ATAT opened at $36.48 on Friday. The firm has a 50-day moving average price of $37.30 and a 200-day moving average price of $38.46. Atour Lifestyle Holdings Limited Sponsored ADR has a twelve month low of $21.50 and a twelve month high of $43.17. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 1.10 and a beta of 0.82.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last announced its quarterly earnings results on Tuesday, March 17th. The company reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.08. Atour Lifestyle had a net margin of 16.58% and a return on equity of 46.96%. The company had revenue of $398.47 million for the quarter, compared to analysts' expectations of $397.20 million. On average, sell-side analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on ATAT shares. Morgan Stanley restated an "overweight" rating and set a $45.00 price objective on shares of Atour Lifestyle in a report on Tuesday, March 17th. UBS Group reiterated a "buy" rating on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Wall Street Zen raised shares of Atour Lifestyle from a "hold" rating to a "buy" rating in a research report on Sunday, March 29th. Weiss Ratings restated a "buy (b-)" rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Finally, Zacks Research cut shares of Atour Lifestyle from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 17th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $48.00.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.