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B. Metzler seel. Sohn & Co. AG Makes New $1.02 Million Investment in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Atour Lifestyle logo with Consumer Discretionary background
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Key Points

  • B. Metzler seel. Sohn & Co. AG acquired 32,141 Atour Lifestyle shares worth approximately $1.02 million in the second quarter. Several other institutional investors also increased or initiated positions, though institutions and hedge funds own 17.79% of the stock.
  • Analyst sentiment remains positive overall, with seven Buy ratings and two Hold ratings producing a “Moderate Buy” consensus and an average price target of $48.00, despite recent downgrades from three research firms.
  • Atour exceeded quarterly expectations, reporting $0.59 in EPS versus $0.57 expected and revenue of $513.74 million versus $484.56 million forecast. Shares opened at $34.36, within a 12-month range of $30.77 to $43.17.
  • MarketBeat previews the top five stocks to own by October 1st.

B. Metzler seel. Sohn & Co. AG acquired a new stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 32,141 shares of the company's stock, valued at approximately $1,022,000.

Several other large investors also recently modified their holdings of ATAT. AIA Group Ltd grew its holdings in Atour Lifestyle by 25.6% during the 1st quarter. AIA Group Ltd now owns 180,407 shares of the company's stock worth $6,641,000 after acquiring an additional 36,735 shares in the last quarter. Matthews International Capital Management LLC raised its stake in shares of Atour Lifestyle by 33.8% in the 1st quarter. Matthews International Capital Management LLC now owns 219,378 shares of the company's stock valued at $8,075,000 after purchasing an additional 55,389 shares in the last quarter. Temasek Holdings Private Ltd acquired a new stake in shares of Atour Lifestyle in the 1st quarter valued at about $2,880,000. CI Investments Inc. bought a new position in shares of Atour Lifestyle during the first quarter worth about $14,028,000. Finally, Principal Financial Group Inc. lifted its position in shares of Atour Lifestyle by 19.9% during the first quarter. Principal Financial Group Inc. now owns 977,996 shares of the company's stock worth $36,000,000 after purchasing an additional 162,574 shares during the last quarter. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ATAT shares. Zacks Research downgraded Atour Lifestyle from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 14th. Wall Street Zen downgraded Atour Lifestyle from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Weiss Ratings downgraded shares of Atour Lifestyle from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, August 31st. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $48.00.

Read Our Latest Report on ATAT

Atour Lifestyle Stock Performance

Shares of Atour Lifestyle stock opened at $34.36 on Monday. Atour Lifestyle Holdings Limited Sponsored ADR has a twelve month low of $30.77 and a twelve month high of $43.17. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 0.93 and a beta of 0.63. The business's 50 day simple moving average is $33.68 and its 200-day simple moving average is $35.35.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last posted its earnings results on Thursday, August 20th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.02. Atour Lifestyle had a return on equity of 55.00% and a net margin of 16.75%.The company had revenue of $513.74 million for the quarter, compared to analysts' expectations of $484.56 million. Sell-side analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 earnings per share for the current year.

Atour Lifestyle Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Atour Lifestyle (NASDAQ:ATAT)

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