Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Stock Holdings Decreased by First Beijing Investment Ltd

Key Points

• First Beijing Investment Ltd decreased its holdings in Atour Lifestyle Holdings Limited by 7.3%, now owning approximately 5 million shares, which comprise about 9.8% of its portfolio.
• Atour Lifestyle reported earnings of $0.42 per share, surpassing expectations, and has set FY 2025 guidance with analysts predicting an EPS of 1.24 for the current fiscal year.
• Several institutional investors, including Bank of New York Mellon Corp and Robeco Institutional Asset Management, have recently acquired new positions in Atour Lifestyle during the 1st quarter, indicating growing interest in the stock.

First Beijing Investment Ltd trimmed its holdings in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 7.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,036,355 shares of the company's stock after selling 395,551 shares during the quarter. Atour Lifestyle makes up about 9.8% of First Beijing Investment Ltd's portfolio, making the stock its 4th biggest position. First Beijing Investment Ltd owned 3.66% of Atour Lifestyle worth $142,781,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Atlas Capital Advisors Inc. purchased a new position in Atour Lifestyle during the 1st quarter worth $27,000. Summit Securities Group LLC purchased a new position in Atour Lifestyle during the 1st quarter worth $71,000. Robeco Institutional Asset Management B.V. purchased a new position in Atour Lifestyle during the 1st quarter worth $209,000. Pinnacle Associates Ltd. purchased a new position in Atour Lifestyle during the 1st quarter worth $213,000. Finally, Bank of New York Mellon Corp purchased a new position in Atour Lifestyle during the 1st quarter worth $215,000. 17.79% of the stock is currently owned by hedge funds and other institutional investors.

Atour Lifestyle Trading Up 2.5%

Shares of NASDAQ ATAT opened at $40.03 on Tuesday. The stock has a market capitalization of $5.53 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 1.31 and a beta of 0.82. The stock's fifty day simple moving average is $35.72 and its two-hundred day simple moving average is $31.19. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $18.95 and a 12-month high of $40.26.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last announced its earnings results on Tuesday, August 26th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.01. The business had revenue of $344.49 million for the quarter, compared to analysts' expectations of $326.00 million. Atour Lifestyle had a return on equity of 45.66% and a net margin of 16.52%. Atour Lifestyle has set its FY 2025 guidance at EPS. On average, equities analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 1.24 earnings per share for the current fiscal year.

Atour Lifestyle announced that its board has authorized a share buyback program on Thursday, May 22nd that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research analysts have commented on ATAT shares. Citigroup restated a "buy" rating and set a $38.00 price objective (up from $36.50) on shares of Atour Lifestyle in a report on Friday, May 23rd. Wall Street Zen upgraded Atour Lifestyle from a "hold" rating to a "buy" rating in a report on Friday. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Atour Lifestyle currently has a consensus rating of "Buy" and a consensus target price of $36.63.

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.

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