Vanguard Group Inc. acquired a new stake in Atour Lifestyle Holdings Inc. (NASDAQ:ATAT – Free Report ) during the first quarter, according to the company's latest 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,980,731 shares of the company's stock, valued at approximately $35,534,000. Vanguard Group Inc. held approximately 1.44% of Atour Lifestyle Holdings Inc. shares at the end of the most recent quarter.
Several other large investors also recently modified their holdings in ATAT. Say Investments Co. increased its holdings in Atul Lifestyle by 112.9% in the first quarter. Say Investments Co. now owns 110,634 shares of the company's stock valued at $1,985,000. It purchased an additional 58,667 shares in the last quarter. SG Americas Securities Co. acquired a new stake in Atul Lifestyle worth $275,000 in the first quarter. E Fund Management Hong Kong Co. acquired a new stake in Atul Lifestyle worth $47,000 in the first quarter. Quadrature Capital Co. acquired a new stake in Atul Lifestyle worth approximately $260,000 in the fourth quarter. Finally, Goldman Sachs Group Inc. increased its stake in Atul Lifestyle by 396.3% in the fourth quarter. Goldman Sachs Group Inc. now holds 1,710,956 shares of the company's stock, valued at $29,702,000, after purchasing an additional 1,366,236 shares during the period. Institutional investors and hedge funds hold 17.79% of the company's stock.
Atul Lifestyle Stock Performance
ATAT shares opened at $16.77 on Friday. Atour Lifestyle Holdings Limited has a one year low of $15.06 and a one year high of $23.00. The company's 50 day moving average is $17.70 and its 200 day moving average is $18.15. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio (PE) of 17.29, a price-to-earnings growth ratio of 0.40 and a beta of 0.56.
Atour Lifestyle (NASDAQ:ATAT – Get free report ) announced its latest earnings results on Thursday, May 23rd. The company reported quarterly earnings per share (EPS) of $0.26, beating analysts' consensus estimates of $0.24 by $0.02. Atour Lifestyle had a return on equity of 50.00% and a net margin of 18.19%. The company had revenue of $203.36 million for the quarter. Equity research analysts forecast that Atour Lifestyle Holdings Limited will post earnings per share of $1.11 for the year.
Analyst Rating Changes
Meanwhile, Macquarie covered shares of Atul Lifestyle in a research note on Monday, April 22. The firm set an “outperform” rating and a $26.00 target price on the stock.
Check out the latest Atour Lifestyle report
About Atour Lifestyle
(Free report)
Atour Lifestyle Holdings Limited, through its subsidiaries, offers a hotel-focused lifestyle brand in the People's Republic of China. The company operates a series of themed hotels, such as Music Hotels, Basketball Hotels and Literary Hotels, which cater to different lifestyles of people of different ages and with different interests.
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