Matthews International Capital Management LLC boosted its position in shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Free Report) by 33.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 219,378 shares of the company’s stock after purchasing an additional 55,389 shares during the period. Atour Lifestyle makes up 3.3% of Matthews International Capital Management LLC’s portfolio, making the stock its 11th biggest position. Matthews International Capital Management LLC owned 0.16% of Atour Lifestyle worth $8,075,000 at the end of the most recent quarter.
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Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ATAT. JPMorgan Chase & Co. lifted its holdings in Atour Lifestyle by 234.2% in the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock worth $135,073,000 after buying an additional 2,402,412 shares in the last quarter. WFM ASIA BVI Ltd increased its position in shares of Atour Lifestyle by 184.4% during the fourth quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock worth $124,324,000 after acquiring an additional 2,045,832 shares during the last quarter. Schroder Investment Management Group increased its position in shares of Atour Lifestyle by 64.0% during the fourth quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock worth $107,085,000 after acquiring an additional 1,060,966 shares during the last quarter. Broad Peak Investment Advisers Pte Ltd acquired a new position in shares of Atour Lifestyle in the fourth quarter worth about $31,756,000. Finally, Bank of Montreal Can acquired a new position in shares of Atour Lifestyle in the fourth quarter worth about $28,828,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.
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Atour Lifestyle Price Performance
Shares of ATAT opened at $32.21 on Monday. The stock has a market capitalization of $4.43 billion, a PE ratio of 17.32, a price-to-earnings-growth ratio of 0.79 and a beta of 0.65. The business’s fifty day moving average price is $34.35 and its 200 day moving average price is $36.67. Atour Lifestyle Holdings Limited Sponsored ADR has a 12-month low of $31.02 and a 12-month high of $43.17
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