<div id="readability-page-1"><p>Deutsche Bank AG purchased a new stake in shares of  Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,730 shares of the company's stock, valued at approximately $235,000.</p><div><p><span></span><span>Get <strong>Atour Lifestyle</strong> alerts:</span></p></div><ul><li>Why Wyndham Hotels Is The Industry Value Play, An Earnings Story </li></ul><p>A number of other institutional investors and hedge funds have also modified their holdings of ATAT. Norges Bank purchased a new position in  Atour Lifestyle in the fourth quarter valued at about $36,489,000.  William Blair Investment Management LLC purchased a new position in  Atour Lifestyle in the fourth quarter valued at about $24,433,000.  3G Capital Partners LP grew its stake in  Atour Lifestyle by 263.6% in the fourth quarter. 3G Capital Partners LP now owns 1,000,000 shares of the company's stock valued at $26,890,000 after purchasing an additional 725,000 shares in the last quarter.  D. E. Shaw &amp; Co. Inc. grew its stake in  Atour Lifestyle by 166.3% in the fourth quarter. D. E. Shaw &amp; Co. Inc. now owns 862,822 shares of the company's stock valued at $23,201,000 after purchasing an additional 538,832 shares in the last quarter.  Finally, Renaissance Technologies LLC grew its stake in  Atour Lifestyle by 56.8% in the fourth quarter. Renaissance Technologies LLC now owns 1,218,468 shares of the company's stock valued at $32,765,000 after purchasing an additional 441,200 shares in the last quarter. Hedge funds and other institutional investors own  17.79% of the company's stock. </p><h2>Atour Lifestyle Stock Performance</h2><p>NASDAQ ATAT opened at $31.44 on Monday. Atour Lifestyle Holdings Limited has a twelve month low of $15.22 and a twelve month high of $34.23. The stock has a market capitalization of $4.34 billion, a PE ratio of 27.10, a P/E/G ratio of 0.59 and a beta of 0.59. The stock has a 50-day simple moving average of $26.98 and a 200 day simple moving average of $27.56. </p><p>Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last posted its quarterly earnings data on Tuesday, March 25th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. Atour Lifestyle had a return on equity of 48.26% and a net margin of 17.43%. The business had revenue of $285.58 million during the quarter, compared to analysts' expectations of $275.49 million.  As a group, equities research analysts forecast that  Atour Lifestyle Holdings Limited will post 1.24 EPS for the current fiscal year. </p><h2>Atour Lifestyle Increases Dividend</h2><p>The company also recently declared an annual dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Monday, June 2nd will be issued a $0.42 dividend. This is a boost from Atour Lifestyle's previous annual dividend of $0.40. The ex-dividend date of this dividend is Monday, June 2nd. This represents a yield of 1.3%. Atour Lifestyle's dividend payout ratio  is 30.95%. </p><p>Atour Lifestyle declared that its board has approved a stock repurchase plan on Thursday, May 22nd that permits the company to repurchase $0.00 in    shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued. </p><h2>Wall Street Analyst Weigh In</h2><p>ATAT has been the topic of a number of recent research reports. UBS Group  set a $37.30 target price on Atour Lifestyle and gave the company a &#34;buy&#34; rating in a research note on Thursday, March 6th. Wall Street Zen downgraded Atour Lifestyle from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Friday. Citigroup  restated a &#34;buy&#34; rating and issued a $38.00 target price (up previously from $36.50) on shares of Atour Lifestyle in a research note on Friday, May 23rd. Finally, Bank of America boosted their target price on Atour Lifestyle from $35.30 to $36.80 and gave the company a &#34;buy&#34; rating in a research note on Friday, March 14th. One investment analyst  has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $36.63.</p><p><b>Check Out Our Latest Analysis on ATAT</b></p><h2>About Atour Lifestyle</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Atour Lifestyle</li><li>Insider Selling Explained: Can it Inform Your Investing Choices?</li><li>Apple’s Quiet HomePad Delay Could Be Its Loudest Move Yet</li><li>What is a Death Cross in Stocks?</li><li>e.l.f. Gets Back on the Shelf! It’s Not Too Late to Buy In!</li><li>What is a buyback in stocks? A comprehensive guide for investors</li><li>Near 52-Week Lows, These 3 Mid-Cap Stocks Are Worth a Look</li></ul><p><strong>Want to see what other hedge funds are holding ATAT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVRBVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVRBVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Atour Lifestyle Right Now?</h2><p>Before you consider Atour Lifestyle, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atour Lifestyle wasn't on the list.</p><p>While Atour Lifestyle currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ATAT

<p>Deutsche Bank AG acquired a new stake in Atour Lifestyle Holdings Limited (NASDAQ:ATAT) worth approximately $235,000 by purchasing 8,730 shares during the fourth quarter. Other institutional investors also increased their holdings in Atour Lifestyle, with Norges Bank investing about $36.5 million. The company's stock performance shows a market cap of $4.34 billion and a recent earnings report indicating a $0.33 EPS. Atour Lifestyle has declared an increased annual dividend of $0.42, with a yield of 1.3%. Analysts have given the stock a "Moderate Buy" rating with an average target price of $36.63.</p>

Deutsche Bank AG Takes $235,000 Position in Atour Lifestyle Holdings Limited (NASDAQ:ATAT)