2 weeks Ago By ABMN Staff
Arrowstreet Capital Limited Partnership increased its position in shares of Atour Lifestyle Holdings Limited ( NASDAQ:ATAT – Free Report ) by 1,250.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 444,844 shares of the company’s stock after buying an additional 411,893 shares during the period.
Arrowstreet Capital Limited Partnership owned about 0.32% of Atour Lifestyle worth $11,962,000 at the end of the most recent reporting period. Other hedge funds have also recently added to or reduced their stakes in the company.
Public Employees Retirement System of Ohio acquired a new position in shares of Atour Lifestyle during the 3rd quarter worth about $143,000. Pictet Asset Management Holding SA acquired a new position in Atour Lifestyle in the fourth quarter valued at approximately $155,000. Cornerstone Investment Partners LLC purchased a new position in Atour Lifestyle in the fourth quarter valued at approximately $213,000.
Y Intercept Hong Kong Ltd purchased a new position in Atour Lifestyle in the third quarter valued at approximately $430,000. Finally, Trivest Advisors Ltd acquired a new stake in Atour Lifestyle during the fourth quarter worth approximately $457,000. Institutional investors and hedge funds own 17.
79% of the company’s stock. Atour Lifestyle Stock Performance Shares of Atour Lifestyle stock opened at $26.15 on Friday.
The company has a market capitalization of $3.60 billion, a P/E ratio of 22.54, a PEG ratio of 0.
59 and a beta of 0.51. Atour Lifestyle Holdings Limited has a 1 year low of $15.
22 and a 1 year high of $33.32. The company’s fifty day moving average is $29.
36 and its two-hundred day moving average is $27.37. Wall Street Analysts Forecast Growth A number of research analysts recently commented on the stock.
Bank of America increased their target price on shares of Atour Lifestyle from $35.30 to $36.80 and gave the company a “buy” rating in a research report on Friday, March 14th.
The Goldman Sachs Group started coverage on Atour Lifestyle in a research report on Monday, December 9th. They set a “buy” rating and a $34.40 target price on the stock.
Finally, UBS Group set a $37.30 target price on Atour Lifestyle and gave the company a “buy” rating in a research report on Thursday, March 6th. Get Our Latest Research Report on Atour Lifestyle Atour Lifestyle Company Profile ( Free Report ) Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China.
The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products. Featured Articles Want to see what other hedge funds are holding ATAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atour Lifestyle Holdings Limited ( NASDAQ:ATAT – Free Report ).
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