Legal & General Group Plc acquired a new position in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 47,210 shares of the company’s stock, valued at approximately $2,642,000. Legal & General Group Plc owned 0.17% of Pursuit Attractions and Hospitality as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PRSU. Caitong International Asset Management Co. Ltd boosted its stake in shares of Pursuit Attractions and Hospitality by 803.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after purchasing an additional 691 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Pursuit Attractions and Hospitality by 4,831.2% during the 3rd quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock worth $29,000 after buying an additional 773 shares during the period. State of Wyoming bought a new stake in shares of Pursuit Attractions and Hospitality during the second quarter worth approximately $38,000. Kemnay Advisory Services Inc. bought a new stake in shares of Pursuit Attractions and Hospitality during the fourth quarter worth approximately $55,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in Pursuit Attractions and Hospitality by 737.3% in the third quarter. CIBC Private Wealth Group LLC now owns 1,884 shares of the company’s stock valued at $68,000 after buying an additional 1,659 shares during the period. 89.91% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on PRSU shares. Oppenheimer reaffirmed an “outperform” rating and issued a $50.00 price objective (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research note on Monday, May 11th. Weiss Ratings raised Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, August 21st. Finally, Zacks Research lowered Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Pursuit Attractions and Hospitality currently has an average rating of “Moderate Buy” and an average target price of $47.00.
Pursuit Attractions and Hospitality Price Performance
Shares of PRSU opened at $47.95 on Friday. The stock has a 50 day simple moving average of $50.81 and a 200 day simple moving average of $44.63. Pursuit Attractions and Hospitality, Inc. has a 52-week low of $32.03 and a 52-week high of $56.51. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.47 and a current ratio of 1.61. The firm has a market capitalization of $1.31 billion, a PE ratio of 36.05, a P/E/G ratio of 1.79 and a beta of 1.37.
Pursuit Attractions and Hospitality (NYSE:PRSU – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.49 by $0.01. Pursuit Attractions and Hospitality had a net margin of 7.94% and a return on equity of 5.93%. The firm had revenue of $133.49 million for the quarter. Sell-side analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.79 EPS for the current fiscal year.
About Pursuit Attractions and Hospitality
Pursuit Attractions and Hospitality Inc (NYSE: PRSU) is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.
In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.
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