Lighthouse Investment Partners LLC Buys Shares of 188,923 Atour Lifestyle Holdings Limited Sponsored ADR $ATAT

Lighthouse Investment Partners LLC bought a new stake in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 188,923 shares of the company's stock, valued at approximately $7,102,000. Lighthouse Investment Partners LLC owned 0.14% of Atour Lifestyle at the end of the most recent reporting period.

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Other institutional investors have also made changes to their positions in the company. Hollencrest Capital Management acquired a new position in Atour Lifestyle in the 2nd quarter valued at approximately $29,000. Assetmark Inc. acquired a new stake in shares of Atour Lifestyle during the 3rd quarter valued at $37,000. Loomis Sayles & Co. L P boosted its stake in shares of Atour Lifestyle by 322.0% during the 2nd quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company's stock valued at $47,000 after buying an additional 1,111 shares during the period. Blue Trust Inc. purchased a new position in shares of Atour Lifestyle during the 3rd quarter valued at $60,000. Finally, Asset Management One Co. Ltd. acquired a new position in shares of Atour Lifestyle in the third quarter worth $113,000. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ATAT. CLSA started coverage on Atour Lifestyle in a report on Friday, January 2nd. They set an "outperform" rating and a $49.00 price objective for the company. Zacks Research lowered Atour Lifestyle from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 17th. Macquarie Infrastructure raised their price target on Atour Lifestyle from $39.00 to $44.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 25th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Finally, Citigroup boosted their price target on Atour Lifestyle from $43.00 to $45.00 and gave the company a "buy" rating in a research note on Tuesday, November 25th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $48.60.

View Our Latest Report on ATAT

Atour Lifestyle Trading Down 0.9%

ATAT stock opened at $34.94 on Tuesday. The firm has a market cap of $4.83 billion, a PE ratio of 23.77, a PEG ratio of 0.73 and a beta of 0.76. Atour Lifestyle Holdings Limited Sponsored ADR has a 1 year low of $21.50 and a 1 year high of $43.17. The company has a fifty day simple moving average of $37.95 and a 200 day simple moving average of $38.75.

Atour Lifestyle Company Profile

(Free Report)

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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