5 hours ago
3G Capital Partners LP reduced its holdings in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 65.2% during the third quarter, according to its most recent SEC disclosure. The institutional investor sold 750,000 shares and retained 400,000 shares by the end of the period. Atour Lifestyle represents 3.6% of 3G Capital Partners LP's portfolio, ranking as its 12th largest holding. The firm held approximately 0.29% of Atour Lifestyle, valued at $15,036,000, as per the latest filing.
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Other institutional investors have also recently adjusted their positions in ATAT. Greenwoods Asset Management Hong Kong Ltd. increased its stake by 986.9% in Q3, acquiring an additional 2,079,436 shares to hold 2,290,136 shares valued at $86,086,000. SG Americas Securities LLC boosted its holdings by 11,289.7% in Q2, purchasing 1,378,476 shares to own 1,390,686 shares worth $45,211,000. Tree Line Advisors Hong Kong Ltd. initiated a new position in Q2 valued at $29,259,000, while Norges Bank also established a new stake worth $27,627,000 during the same period. Additionally, Aspex Management HK Ltd increased its holdings by 17.8% in Q2, acquiring 804,245 shares to hold 5,314,881 shares valued at $172,787,000. Hedge funds and other institutional investors collectively own 17.79% of the stock.
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Atour Lifestyle Price Performance
Shares of ATAT stock opened at $35.24 on Friday. The company’s 50-day moving average is $38.05, and its 200-day moving average is $38.77. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $21.50 and a 52-week high of $43.17. The firm’s market capitalization stands at $4.87 billion, with a price-to-earnings ratio of 23.97, a price-to-earnings-growth ratio of 0.73, and a beta of 0.76.
Wall Street Analyst Opinions
Several analysts have recently issued reports on Atour Lifestyle. Weiss Ratings reaffirmed a "buy (b-)" rating on January 21. Macquarie Infrastructure raised its price target from $39.00 to $44.00 and assigned an "outperform" rating on November 25. Zacks Research downgraded the stock from "strong-buy" to "hold" on December 17. Citigroup increased its price target from $43.00 to $45.00 and gave a "buy" rating on November 25. CLSA initiated coverage on January 2 with an "outperform" rating and a $49.00 price target. Overall, six analysts rate the stock as Buy, and one rates it as Hold. MarketBeat.com reports an average rating of "Moderate Buy" with an average target price of $48.60.
Read Our Latest Research Report on Atour Lifestyle
About Atour Lifestyle
(Free Report)
Atour Lifestyle Holdings Co., Ltd. operates as a hospitality and lifestyle company in China, offering lodging and accommodation services. Its core business includes developing, operating, and managing boutique hotels and serviced apartments under the Atour Hotel and Ankora brands. These properties primarily serve the mid- to upscale market segment, combining comfort, design-focused interiors, and localized services tailored to both business and leisure travelers.
Beyond accommodations, Atour Lifestyle provides various ancillary services aimed at enhancing guest experiences.
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