Prudential PLC Increases Stake in Atour Lifestyle Holdings Limited Sponsored ADR by 112,751 Shares

Prudential PLC increased its position in Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report) by 15.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 822,347 shares after acquiring an additional 112,751 shares during the period. Prudential PLC held 0.60% of Atour Lifestyle, valued at $30,912,000 as of the latest SEC filing.

• Why Wyndham Hotels Is The Industry Value Play, An Earnings Story

Several other hedge funds and institutional investors have also adjusted their holdings in ATAT. Greenwoods Asset Management Hong Kong Ltd. increased its stake by 986.9% in the third quarter, now owning 2,290,136 shares worth $86,086,000 after purchasing 2,079,436 additional shares. SG Americas Securities LLC grew its position by 11,289.7% during the second quarter, holding 1,390,686 shares valued at $45,211,000 after acquiring 1,378,476 shares. Tree Line Advisors Hong Kong Ltd. initiated a new position in the second quarter valued at $29,259,000. Mitsubishi UFJ Trust & Banking Corp increased its holdings by 173.9% in the second quarter, now owning 1,381,600 shares worth $44,916,000 after buying 877,153 shares. Norges Bank also purchased a new stake in the second quarter valued at $27,627,000. Institutional investors collectively own 17.79% of the company’s stock.

Analysts Set New Price Targets

Several equity research analysts have recently issued reports on Atour Lifestyle. CLSA initiated coverage on January 2nd with an "outperform" rating and a $49.00 price target. Weiss Ratings reaffirmed a "buy (b-)" rating on January 21st. Zacks Research downgraded the stock from "strong-buy" to "hold" on December 17th. Citigroup raised its price target from $43.00 to $45.00 and maintained a "buy" rating on November 25th. Macquarie Infrastructure increased its price target from $39.00 to $44.00 and assigned an "outperform" rating on the same day. Overall, six analysts rate the stock as Buy, and one rates it as Hold. According to MarketBeat.com, Atour Lifestyle holds a consensus rating of "Moderate Buy" with a consensus price target of $48.60.

Read Our Latest Stock Analysis on Atour Lifestyle

Atour Lifestyle Price Performance

NASDAQ:ATAT opened at $35.24 on Friday. The company has a market capitalization of $4.87 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 0.72, and a beta of 0.76. Its 50-day moving average is $38.05, and its 200-day moving average is $38.76. Atour Lifestyle Holdings Limited Sponsored ADR has a 52-week low of $21.50 and a 52-week high of $43.17.

Atour Lifestyle Company Profile

(Free Report)

Atour Lifestyle Holdings Co., Ltd. operates as a hospitality and lifestyle company offering lodging and accommodation services in China. Its core business includes the development, operation, and management of boutique hotels and serviced apartments under the Atour Hotel and Ankora brands. These properties primarily target the mid- to upscale segment, providing a blend of comfort, design-focused interiors, and localized services tailored to both business and leisure travelers.

In addition to accommodations, Atour Lifestyle offers a range of ancillary services designed to enhance guest experiences.

Further Reading

• Five stocks we like better than Atour Lifestyle
• A personal warning from Martin Weiss (Please read)
• SpaceX IPO Confirmed: Claim Your Stake Today
• Iran isn't the real war
• $30 stock to buy before Starlink goes public (WATCH NOW!)
• This coin has everything going for it

Want to see what other hedge funds are holding ATAT? Visit HoldingsChannel.com for the latest 13F filings and insider trades for Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Atour Lifestyle Right Now?

Before considering Atour Lifestyle, you may want to hear this.

MarketBeat tracks Wall Street's top-rated and best-performing research analysts and the stocks they recommend daily. MarketBeat has identified the five stocks top analysts are quietly advising clients to buy now before the broader market catches on... and Atour Lifestyle was not on that list.

While Atour Lifestyle currently holds a Moderate Buy rating, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here