Sims Investment Management LLC purchased a new position in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 38,974 shares of the company’s stock, valued at approximately $1,124,000. Pursuit Attractions and Hospitality accounts for about 0.5% of Sims Investment Management LLC’s portfolio, making the stock its 19th biggest position.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC purchased a new stake in Pursuit Attractions and Hospitality in the second quarter worth $43,665,000. Veracity Capital LLC purchased a new stake in Pursuit Attractions and Hospitality in the second quarter worth $3,497,000. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in Pursuit Attractions and Hospitality in the second quarter worth $3,279,000. New York State Teachers Retirement System purchased a new stake in Pursuit Attractions and Hospitality in the second quarter worth $961,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Pursuit Attractions and Hospitality in the second quarter worth $845,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.
Insider Buying and Selling at Pursuit Attractions and Hospitality
In related news, Director Jill Bright purchased 1,000 shares of Pursuit Attractions and Hospitality stock in a transaction dated Tuesday, August 26th. The stock was purchased at an average cost of $36.77 per share, for a total transaction of $36,770.00. Following the completion of the acquisition, the director directly owned 6,311 shares of the company’s stock, valued at $232,055.47. The trade was a 18.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.71% of the stock is owned by insiders.
Pursuit Attractions and Hospitality Stock Performance
Pursuit Attractions and Hospitality (NYSE:PRSU – Get Free Report) last announced its quarterly earnings data on Thursday, February 10th. The company reported ($2.20) EPS for the quarter. The firm had revenue of $25.57 million for the quarter. Pursuit Attractions and Hospitality had a net margin of 51.67% and a return on equity of 21.30%. On average, equities analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.25 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
PRSU has been the subject of a number of research analyst reports. Oppenheimer reaffirmed an “outperform” rating on shares of Pursuit Attractions and Hospitality in a research note on Friday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $29.67.
Check Out Our Latest Report on Pursuit Attractions and Hospitality
Pursuit Attractions and Hospitality Profile
Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.
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