GAM Holding AG purchased a new stake in Atour Lifestyle Holdings Limited (NASDAQ:ATAT – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 100,000 shares of the company’s stock, valued at approximately $2,594,000. GAM Holding AG owned approximately 0.07% of Atour Lifestyle as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of ATAT. Quadrature Capital Ltd bought a new stake in shares of Atour Lifestyle in the 4th quarter valued at about $260,000. SG Americas Securities LLC acquired a new stake in Atour Lifestyle in the 1st quarter worth approximately $275,000. Sei Investments Co. boosted its stake in Atour Lifestyle by 112.9% in the 1st quarter. Sei Investments Co. now owns 110,634 shares of the company’s stock worth $1,985,000 after purchasing an additional 58,667 shares in the last quarter. Vanguard Group Inc. acquired a new stake in Atour Lifestyle in the 1st quarter worth approximately $35,534,000. Finally, Burgundy Asset Management Ltd. boosted its stake in Atour Lifestyle by 0.5% in the 1st quarter. Burgundy Asset Management Ltd. now owns 433,350 shares of the company’s stock worth $7,774,000 after purchasing an additional 2,245 shares in the last quarter. 17.79% of the stock is currently owned by institutional investors.
Atour Lifestyle Stock Up 0.1 %
ATAT stock opened at $26.96 on Wednesday. The firm has a 50 day moving average of $21.92 and a 200 day moving average of $19.28. The stock has a market capitalization of $3.71 billion, a PE ratio of 27.79, a price-to-earnings-growth ratio of 0.68 and a beta of 0.63. Atour Lifestyle Holdings Limited has a 52 week low of $15.06 and a 52 week high of $29.15.
Atour Lifestyle Announces Dividend
The firm also recently declared an annual dividend, which was paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th were given a dividend of $0.40 per share. This represents a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 17th. Atour Lifestyle’s dividend payout ratio is presently 43.30%.
Atour Lifestyle Company Profile
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.
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