Atour Lifestyle (NASDAQ:ATAT) Sets New 12-Month High at $20.43

Atour Lifestyle Holdings Limited (NASDAQ:ATAT)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $20.43 and last traded at $20.42, with a volume of 442765 shares. The stock had previously closed at $20.19.

Atour Lifestyle Price Performance

The business has a 50 day moving average of $17.83 and a 200 day moving average of $18.15. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 21.91, a PEG ratio of 0.49 and a beta of 0.59.

Atour Lifestyle Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th will be paid a $0.40 dividend. This represents a dividend yield of 2.1%. The ex-dividend date is Tuesday, September 17th. Atour Lifestyle’s payout ratio is 43.30%.

Institutional Trading of Atour Lifestyle

Large investors have recently made changes to their positions in the company. Quadrature Capital Ltd acquired a new position in Atour Lifestyle during the 4th quarter valued at about $260,000. SG Americas Securities LLC acquired a new position in Atour Lifestyle during the 1st quarter valued at about $275,000. Capstone Investment Advisors LLC boosted its stake in Atour Lifestyle by 33.3% during the 4th quarter. Capstone Investment Advisors LLC now owns 20,000 shares of the company’s stock valued at $347,000 after purchasing an additional 5,000 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Atour Lifestyle during the 2nd quarter worth approximately $390,000. Finally, Van Berkom & Associates Inc. bought a new position in shares of Atour Lifestyle during the 2nd quarter worth approximately $492,000. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Limited, through its subsidiaries, provides lifestyle brands around hotel offerings in the People's Republic of China. The company operates a series of themed hotels, including music hotels, basketball hotels, and literary hotels catering to the various lifestyles across different age groups with varied interests.