Wellington Management Group LLP Increases Stake in Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Wellington Management Group LLP increased its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 116.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 348,174 shares of the company's stock after purchasing an additional 187,608 shares during the period. Wellington Management Group LLP owned approximately 0.25% of Atour Lifestyle worth $11,072,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Van Berkom & Associates Inc. raised its holdings in shares of Atour Lifestyle by 0.4% in the first quarter. Van Berkom & Associates Inc. now owns 70,343 shares of the company's stock worth $2,589,000 after buying an additional 300 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Atour Lifestyle by 65.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company's stock valued at $32,000 after acquiring an additional 325 shares during the period. Royal Bank of Canada boosted its holdings in Atour Lifestyle by 7.3% during the 4th quarter. Royal Bank of Canada now owns 7,469 shares of the company's stock valued at $294,000 after acquiring an additional 511 shares during the period. Caitong International Asset Management Co. Ltd grew its position in Atour Lifestyle by 651.7% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company's stock valued at $25,000 after acquiring an additional 580 shares during the last quarter. Finally, Advyzon Investment Management LLC grew its position in Atour Lifestyle by 10.6% in the 4th quarter. Advyzon Investment Management LLC now owns 6,350 shares of the company's stock valued at $250,000 after acquiring an additional 607 shares during the last quarter. 17.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Zacks Research downgraded Atour Lifestyle from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 14th. Wall Street Zen cut shares of Atour Lifestyle from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Weiss Ratings downgraded shares of Atour Lifestyle from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, August 31st. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $48.00.

Atour Lifestyle Stock Performance

NASDAQ:ATAT opened at $34.36 on Tuesday. Atour Lifestyle Holdings Limited Sponsored ADR has a one year low of $30.77 and a one year high of $43.17. The firm has a market cap of $4.72 billion, a P/E ratio of 16.93, a P/E/G ratio of 0.93 and a beta of 0.63. The firm has a 50-day simple moving average of $33.72 and a 200-day simple moving average of $35.31.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last announced its quarterly earnings results on Thursday, August 20th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.02. The firm had revenue of $513.74 million during the quarter, compared to analysts' expectations of $484.56 million. Atour Lifestyle had a net margin of 16.75% and a return on equity of 55.00%. On average, research analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current fiscal year.

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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