WFM ASIA BVI Ltd Purchases Shares of 3,131,291 Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

WFM ASIA BVI Ltd purchased a new position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) in the second quarter, according to its most recent filing with the SEC. The firm purchased 3,131,291 shares of the company’s stock, valued at approximately $99,575,000. Atour Lifestyle accounts for 15.0% of WFM ASIA BVI Ltd’s portfolio, making the stock its 5th largest holding.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Atour Lifestyle by 234.2% during the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock valued at $135,073,000 after purchasing an additional 2,402,412 shares in the last quarter. Schroder Investment Management Group increased its holdings in Atour Lifestyle by 64.0% in 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 in the last quarter. Broad Peak Investment Advisers Pte Ltd bought a new stake in Atour Lifestyle in the fourth quarter worth approximately $31,756,000. Bank of Montreal Can acquired a new position in Atour Lifestyle in the fourth quarter valued at approximately $28,828,000. Finally, Millennium Management LLC lifted its stake in Atour Lifestyle by 208.9% in the third quarter. Millennium Management LLC now owns 1,052,392 shares of the company’s stock valued at $39,559,000 after buying an additional 711,660 shares during the period. 17.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ATAT has been the topic of a number of research analyst reports. Zacks Research cut Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Thursday, August 13th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Atour Lifestyle currently has a consensus rating of “Moderate Buy” and a consensus target price of $48.00.

Atour Lifestyle Price Performance

ATAT stock opened at $37.00 on Thursday. The company’s 50-day moving average is $33.18 and its 200-day moving average is $35.60. The stock has a market capitalization of $5.09 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 0.97 and a beta of 0.64. Atour Lifestyle Holdings Limited Sponsored ADR has a 1 year low of $30.77 and a 1 year high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last issued its earnings results on Thursday, August 20th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The business had revenue of $513.74 million during the quarter, compared to analyst estimates of $484.56 million. On average, analysts anticipate that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.1 earnings per share for the current fiscal year.

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.