Sei Investments Co. Sells 158,802 Shares of Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Key Points

• Sei Investments cut its Atour Lifestyle stake by 88.3% in the first quarter, selling 158,802 shares and retaining 21,125 shares valued at approximately $778,000.
• Atour reported quarterly adjusted earnings of $0.48 per share and revenue of $407.74 million, exceeding analyst estimates of $0.37 per share and $379.74 million, respectively.
• ATAT shares were trading near $33.07, down 2.3%, while analysts maintained a “Moderate Buy” consensus and an average price target of $48.00.

Sei Investments Co. decreased its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 88.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,125 shares of the company's stock after selling 158,802 shares during the period. Sei Investments Co.'s holdings in Atour Lifestyle were worth $778,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ATAT. CI Investments Inc. bought a new position in shares of Atour Lifestyle in the 1st quarter valued at about $14,028,000. Temasek Holdings Private Ltd acquired a new position in Atour Lifestyle in the first quarter valued at approximately $2,880,000. ABN Amro Investment Solutions boosted its stake in Atour Lifestyle by 48.5% in the first quarter. ABN Amro Investment Solutions now owns 314,672 shares of the company's stock valued at $11,583,000 after acquiring an additional 102,742 shares during the last quarter. Van Berkom & Associates Inc. grew its holdings in Atour Lifestyle by 0.4% during the 1st quarter. Van Berkom & Associates Inc. now owns 70,343 shares of the company's stock worth $2,589,000 after acquiring an additional 300 shares during the period. Finally, Hollencrest Capital Management bought a new stake in shares of Atour Lifestyle during the 1st quarter valued at $46,000. 17.79% of the stock is owned by institutional investors.

Atour Lifestyle Trading Down 2.3%

NASDAQ:ATAT opened at $33.07 on Friday. Atour Lifestyle Holdings Limited Sponsored ADR has a 1 year low of $30.77 and a 1 year high of $43.17. The stock has a 50-day moving average price of $33.02 and a two-hundred day moving average price of $35.64. The stock has a market cap of $4.55 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 0.94 and a beta of 0.64.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.11. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The company had revenue of $407.74 million for the quarter, compared to analyst estimates of $379.74 million. Sell-side analysts forecast that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ATAT shares. Weiss Ratings lowered Atour Lifestyle from a "buy (b)" rating to a "buy (b-)" rating in a research report on Monday, May 18th. Zacks Research cut Atour Lifestyle from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 14th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $48.00.

Atour Lifestyle Company 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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