UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU – Free Report) by 40.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 47,651 shares of the company’s stock after acquiring an additional 13,826 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.17% of Pursuit Attractions and Hospitality worth $2,667,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in PRSU. BlackRock Inc. acquired a new position in Pursuit Attractions and Hospitality in the second quarter valued at approximately $183,218,000. TimesSquare Capital Management LLC acquired a new stake in Pursuit Attractions and Hospitality during the second quarter worth approximately $45,700,000. Alliancebernstein L.P. acquired a new stake in Pursuit Attractions and Hospitality during the second quarter worth approximately $20,657,000. Bank of America Corp DE purchased a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $6,587,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $9,287,000. Institutional investors and hedge funds own 89.91% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on PRSU shares. Zacks Research downgraded shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 9th. Jefferies Financial Group started coverage on shares of Pursuit Attractions and Hospitality in a research report on Wednesday. They issued a “buy” rating and a $61.00 price target for the company. Finally, Weiss Ratings cut shares of Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 4th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.67.
Pursuit Attractions and Hospitality Trading Up 0.3%
NYSE:PRSU opened at $48.20 on Friday. The company has a market capitalization of $1.31 billion, a PE ratio of 36.24, a P/E/G ratio of 1.79 and a beta of 1.37. Pursuit Attractions and Hospitality, Inc. has a 52-week low of $32.03 and a 52-week high of $56.51. The stock’s 50 day moving average price is $50.20 and its 200 day moving average price is $44.99. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38.
Pursuit Attractions and Hospitality (NYSE:PRSU – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. The company had revenue of $133.49 million during the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%. On average, research analysts anticipate that Pursuit Attractions and Hospitality, Inc. will post 1.79 EPS for the current year.
Pursuit Attractions and Hospitality Company Profile
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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