Headwater Capital Co Ltd Buys 20,000 Shares of Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Headwater Capital Co Ltd raised its stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) by 11.1% during the 4th quarter, Holdings Channel reports. The fund owned 200,000 shares of the company’s stock after acquiring an additional 20,000 shares during the period. Atour Lifestyle makes up about 1.1% of Headwater Capital Co Ltd’s investment portfolio, making the stock its 15th largest position. Headwater Capital Co Ltd’s holdings in Atour Lifestyle were worth $7,880,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of ATAT. JPMorgan Chase & Co. raised its holdings in Atour Lifestyle by 234.2% in the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock valued at $135,073,000 after acquiring an additional 2,402,412 shares during the period. Greenwoods Asset Management Hong Kong Ltd. increased its holdings 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 worth $86,086,000 after purchasing an additional 2,079,436 shares during the period. WFM ASIA BVI Ltd increased its holdings in shares of Atour Lifestyle by 184.4% during the fourth quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock worth $124,324,000 after purchasing an additional 2,045,832 shares during the period. Schroder Investment Management Group increased its holdings in shares of Atour Lifestyle by 64.0% during the fourth quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock worth $107,085,000 after purchasing an additional 1,060,966 shares during the period. Finally, Broad Peak Investment Advisers Pte Ltd bought a new position in shares of Atour Lifestyle during the fourth quarter worth approximately $31,756,000. 17.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on ATAT. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 target price on shares of Atour Lifestyle in a report on Tuesday, March 17th. UBS Group reaffirmed a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Weiss Ratings cut shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Zacks Research raised shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 3rd. Finally, Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. One investment analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. Based on data from MarketBeat, Atour Lifestyle has an average rating of “Buy” and a consensus target price of $48.00.

Atour Lifestyle Stock Performance

NASDAQ ATAT opened at $32.80 on Wednesday. The firm’s fifty day moving average price is $36.24 and its two-hundred day moving average price is $37.82. The stock has a market cap of $4.53 billion, a PE ratio of 17.63, a PEG ratio of 0.81 and a beta of 0.62. Atour Lifestyle Holdings Limited Sponsored ADR has a fifty-two week low of $29.81 and a fifty-two week high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.11. The firm had revenue of $407.74 million for the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. As a group, sell-side analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 earnings per share for the current fiscal year.

Atour Lifestyle Increases Dividend

The company also recently announced an annual dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 5th will be issued a $0.54 dividend. The ex-dividend date is Friday, June 5th. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. This represents a yield of 162.0%. Atour Lifestyle’s dividend payout ratio (DPR) is presently 27.42%.

About Atour Lifestyle

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.