Y Intercept Hong Kong Ltd Takes $430,000 Position in Atour Lifestyle Holdings Limited (NASDAQ:ATAT)

Y Intercept Hong Kong Ltd bought a new position in shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,591 shares of the company’s stock, valued at approximately $430,000.

Other hedge funds have also recently bought and sold shares of the company. Loomis Sayles & Co. L P acquired a new position in shares of Atour Lifestyle during the third quarter worth about $34,000. XTX Topco Ltd acquired a new position in Atour Lifestyle during the 2nd quarter worth approximately $390,000. Walleye Capital LLC purchased a new position in Atour Lifestyle in the 3rd quarter worth approximately $649,000. Los Angeles Capital Management LLC acquired a new stake in Atour Lifestyle in the third quarter valued at approximately $666,000. Finally, Van Berkom & Associates Inc. purchased a new stake in shares of Atour Lifestyle during the second quarter valued at approximately $492,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Atour Lifestyle Stock Down 0.1 %

NASDAQ:ATAT opened at $26.97 on Tuesday. The company has a market cap of $3.71 billion, a PE ratio of 23.25, a P/E/G ratio of 0.65 and a beta of 0.52. The business’s 50 day moving average is $26.59 and its two-hundred day moving average is $21.63. Atour Lifestyle Holdings Limited has a 52 week low of $15.22 and a 52 week high of $29.90.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group assumed coverage on Atour Lifestyle in a research note on Monday, December 9th. They issued a “buy” rating and a $34.40 price target on the stock.

About Atour Lifestyle

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.