Broad Peak Investment Advisers Pte Ltd Buys New Shares in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Key Points

• Broad Peak Investment Advisers bought 806,000 shares of Atour Lifestyle (NASDAQ:ATAT) in Q4 — about $31.76 million — making ATAT 5.7% of Broad Peak’s portfolio and its sixth-largest holding, representing roughly 0.58% of the company’s shares outstanding.
• Several other institutions materially increased positions (e.g., Greenwoods, Millennium, Schroder, Ameriprise, Qube), and institutional ownership stands at about 17.79% of the stock.
• Atour’s fundamentals and sentiment remain positive: market cap ~$5.39B, PE ~24.1, last quarter EPS beat ($0.48 vs. $0.40), ROE ~46.96%, and analysts hold a consensus Moderate Buy with a ~$48 target.

Broad Peak Investment Advisers Pte Ltd bought a new stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 806,000 shares of the company's stock, valued at approximately $31,756,000. Atour Lifestyle accounts for 5.7% of Broad Peak Investment Advisers Pte Ltd's investment portfolio, making the stock its 6th largest holding. Broad Peak Investment Advisers Pte Ltd owned about 0.58% of Atour Lifestyle at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Greenwoods Asset Management Hong Kong Ltd. lifted its holdings in shares of Atour Lifestyle by 986.9% in the 3rd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company's stock valued at $86,086,000 after purchasing an additional 2,079,436 shares during the last quarter. Millennium Management LLC increased its position in Atour Lifestyle by 208.9% in the 3rd quarter. Millennium Management LLC now owns 1,052,392 shares of the company's stock valued at $39,559,000 after acquiring an additional 711,660 shares during the period. Schroder Investment Management Group increased its position in Atour Lifestyle by 69.5% in the 3rd quarter. Schroder Investment Management Group now owns 1,656,928 shares of the company's stock valued at $62,532,000 after acquiring an additional 679,256 shares during the period. Ameriprise Financial Inc. increased its position in Atour Lifestyle by 1,944.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 669,466 shares of the company's stock valued at $25,165,000 after acquiring an additional 636,717 shares during the period. Finally, Qube Research & Technologies Ltd increased its position in Atour Lifestyle by 172.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 975,098 shares of the company's stock valued at $31,700,000 after acquiring an additional 617,292 shares during the period. 17.79% of the stock is owned by hedge funds and other institutional investors.

Atour Lifestyle Price Performance

Shares of Atour Lifestyle stock opened at $39.02 on Friday. The business has a 50-day moving average of $37.33 and a 200-day moving average of $38.41. The company has a market capitalization of $5.39 billion, a PE ratio of 24.09, a P/E/G ratio of 1.20 and a beta of 0.82. Atour Lifestyle Holdings Limited Sponsored ADR has a 1-year low of $23.38 and a 1-year high of $43.17.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last posted its quarterly earnings results on Tuesday, March 17th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.08. Atour Lifestyle had a return on equity of 46.96% and a net margin of 16.58%.The business had revenue of $398.47 million during the quarter, compared to the consensus estimate of $397.20 million. On average, equities analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ATAT has been the topic of several recent analyst reports. CLSA initiated coverage on Atour Lifestyle in a research report on Friday, January 2nd. They set an "outperform" rating and a $49.00 target price on the stock. Weiss Ratings reissued a "buy (b-)" rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. UBS Group reaffirmed a "buy" rating on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Wall Street Zen upgraded Atour Lifestyle from a "hold" rating to a "buy" rating in a research report on Sunday, March 29th. Finally, Morgan Stanley reiterated an "overweight" rating and set a $45.00 target price on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Atour Lifestyle currently has a consensus rating of "Moderate Buy" and a consensus target price of $48.00.

Atour Lifestyle Profile

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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