OLP CAPITAL MANAGEMENT Ltd Has $320.44 Million Stock Holdings in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Key Points

• OLP CAPITAL MANAGEMENT Ltd raised its stake in Atour Lifestyle (NASDAQ:ATAT) by 6.4% in Q3 to 8,524,608 shares (about 6.17% of the company) worth $320.44 million, making ATAT roughly 56.5% of OLP's holdings and its largest position.
• Several other institutions materially increased or initiated positions—including Greenwoods Asset Management, SG Americas, Mitsubishi UFJ and Norges Bank—leaving institutional investors with about 17.79% ownership of Atour.
• Analysts are broadly positive with a consensus rating of "Moderate Buy" and an average price target of $48.60, with notable price-target increases from CLSA ($49), Macquarie ($44) and Citi ($45) despite a Zacks downgrade to Hold.

OLP CAPITAL MANAGEMENT Ltd boosted its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 6.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,524,608 shares of the company's stock after buying an additional 509,267 shares during the quarter. Atour Lifestyle makes up about 56.5% of OLP CAPITAL MANAGEMENT Ltd's holdings, making the stock its biggest position. OLP CAPITAL MANAGEMENT Ltd owned about 6.17% of Atour Lifestyle worth $320,440,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Greenwoods Asset Management Hong Kong Ltd. lifted its position in Atour Lifestyle by 986.9% during the 3rd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company's stock worth $86,086,000 after acquiring an additional 2,079,436 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Atour Lifestyle by 11,289.7% in the second quarter. SG Americas Securities LLC now owns 1,390,686 shares of the company's stock valued at $45,211,000 after purchasing an additional 1,378,476 shares during the last quarter. Tree Line Advisors Hong Kong Ltd. bought a new position in shares of Atour Lifestyle in the second quarter worth about $29,259,000. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of Atour Lifestyle by 173.9% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,381,600 shares of the company's stock worth $44,916,000 after purchasing an additional 877,153 shares during the period. Finally, Norges Bank acquired a new position in shares of Atour Lifestyle during the 2nd quarter worth about $27,627,000. Institutional investors own 17.79% of the company's stock.

Analyst Ratings Changes

A number of analysts have issued reports on ATAT shares. Macquarie Infrastructure raised their target price on Atour Lifestyle from $39.00 to $44.00 and gave the company an "outperform" rating in a report on Tuesday, November 25th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. CLSA began coverage on Atour Lifestyle in a research report on Friday, January 2nd. They issued an "outperform" rating and a $49.00 price objective for the company. Zacks Research downgraded shares of Atour Lifestyle from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 17th. Finally, Citigroup upped their target price on shares of Atour Lifestyle from $43.00 to $45.00 and gave the company a "buy" rating in a research note on Tuesday, November 25th. Six 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, the company presently has a consensus rating of "Moderate Buy" and an average price target of $48.60.

Atour Lifestyle Stock Up 1.7%

ATAT stock opened at $35.24 on Friday. 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 cap of $4.87 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 0.72 and a beta of 0.76. The business's 50-day simple moving average is $38.05 and its 200 day simple moving average is $38.76.

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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