Schroder Investment Management Group Purchases 679,256 Shares of Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Key Points

• Schroder Investment Management Group increased its stake in Atour Lifestyle by 69.5% in Q3, buying 679,256 shares to hold 1,656,928 shares (about 1.20% of the company) worth $62,532,000.
• Other institutions also added large positions—e.g., Greenwoods (+986.9% to 2,290,136 shares, $86,086,000) and SG Americas (+11,289.7% to 1,390,686 shares, $45,211,000)—bringing institutional ownership to 17.79%.
• Analysts are broadly bullish on ATAT with seven Buy and one Hold ratings and an average price target of $46.63 (JPMorgan's target $57), versus a market cap of $5.04 billion and a recent price near $36.44.

Schroder Investment Management Group lifted its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 69.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,656,928 shares of the company's stock after buying an additional 679,256 shares during the quarter. Schroder Investment Management Group owned approximately 1.20% of Atour Lifestyle worth $62,532,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Greenwoods Asset Management Hong Kong Ltd. boosted its stake in shares of Atour Lifestyle by 986.9% during the third 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 in the last quarter. SG Americas Securities LLC boosted its position in Atour Lifestyle by 11,289.7% during the 2nd quarter. SG Americas Securities LLC now owns 1,390,686 shares of the company's stock valued at $45,211,000 after acquiring an additional 1,378,476 shares in the last quarter. Tree Line Advisors Hong Kong Ltd. purchased a new position in shares of Atour Lifestyle in the 2nd quarter valued at $29,259,000. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Atour Lifestyle by 173.9% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,381,600 shares of the company's stock worth $44,916,000 after acquiring an additional 877,153 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Atour Lifestyle in the 2nd quarter worth $27,627,000. 17.79% of the stock is currently owned by institutional investors.

Atour Lifestyle Stock Up 0.6%

ATAT opened at $36.44 on Wednesday. The company has a market cap of $5.04 billion, a P/E ratio of 24.79, a price-to-earnings-growth ratio of 0.75 and a beta of 0.76. The firm's 50-day moving average price is $38.30 and its 200-day moving average price is $38.80. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $21.50 and a 52-week high of $43.17.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ATAT. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Citigroup raised their price target on shares of Atour Lifestyle from $43.00 to $45.00 and gave the company a "buy" rating in a report on Tuesday, November 25th. Macquarie Infrastructure boosted their price objective on shares of Atour Lifestyle from $39.00 to $44.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 25th. CLSA assumed coverage on shares of Atour Lifestyle in a research note on Friday, January 2nd. They issued an "outperform" rating and a $49.00 target price for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of Atour Lifestyle in a report on Wednesday, November 12th. They issued an "overweight" rating and a $57.00 price target on the stock. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $46.63.

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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