Atour Lifestyle Holdings Limited Sponsored ADR $ATAT Shares Sold by Capital Fund Management S.A.

Key Points

• Capital Fund Management S.A. has reduced its stake in Atour Lifestyle Holdings by 28.3%, owning a total of 61,394 shares valued at approximately $1.74 million as of the latest SEC filing.
• Several other institutional investors have recently adjusted their positions in Atour Lifestyle, with HSBC Holdings increasing its stake by 300.3% and Wellington Management raising its stake by 14.5% during the first quarter.
• Wall Street analysts have mixed ratings on Atour Lifestyle, with Citigroup maintaining a "buy" rating and setting a target price of $38.00, while Wall Street Zen downgraded it from "buy" to "hold."

Capital Fund Management S.A. lessened its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 28.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,394 shares of the company's stock after selling 24,261 shares during the period. Capital Fund Management S.A.'s holdings in Atour Lifestyle were worth $1,741,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atlas Capital Advisors Inc. acquired a new position in shares of Atour Lifestyle during the first quarter worth $27,000. Summit Securities Group LLC acquired a new position in shares of Atour Lifestyle during the 1st quarter worth about $71,000. AdvisorShares Investments LLC acquired a new position in Atour Lifestyle in the fourth quarter valued at approximately $188,000. Robeco Institutional Asset Management B.V. acquired a new position in Atour Lifestyle in the first quarter valued at approximately $209,000. Finally, Pinnacle Associates Ltd. acquired a new position in Atour Lifestyle in the first quarter valued at approximately $213,000. Institutional investors and hedge funds own 17.79% of the company's stock.

Analyst Upgrades and Downgrades

ATAT has been the subject of several research analyst reports. Citigroup restated a "buy" rating and issued a $38.00 target price (up previously from $36.50) on shares of Atour Lifestyle in a report on Friday, May 23rd. Wall Street Zen downgraded shares of Atour Lifestyle from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $36.63.

Atour Lifestyle Trading Up 4.6%

Shares of ATAT traded up $1.72 during mid-day trading on Thursday, hitting $39.00. 3,054,584 shares of the company's stock were exchanged, compared to its average volume of 1,233,193. Atour Lifestyle Holdings Limited Sponsored ADR has a fifty-two week low of $17.40 and a fifty-two week high of $39.37. The firm has a market capitalization of $5.39 billion, a P/E ratio of 28.26, a P/E/G ratio of 1.25 and a beta of 0.82. The business's 50 day moving average is $34.73 and its two-hundred day moving average is $30.78.

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

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

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.