Forum Financial Management LP Takes $496,000 Position in Pursuit Attractions and Hospitality, Inc. $PRSU

Forum Financial Management LP purchased a new stake in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 17,214 shares of the company’s stock, valued at approximately $496,000.

Several other institutional investors have also recently made changes to their positions in PRSU. Allspring Global Investments Holdings LLC purchased a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at approximately $43,665,000. Veracity Capital LLC purchased a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at approximately $3,497,000. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at approximately $3,279,000. Sims Investment Management LLC purchased a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at approximately $1,124,000. Finally, New York State Teachers Retirement System purchased a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at approximately $961,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on PRSU shares. Oppenheimer reaffirmed an “outperform” rating on shares of Pursuit Attractions and Hospitality in a research report 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 investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $29.67.

Pursuit Attractions and Hospitality Stock Up 0.7%

NYSE:PRSU opened at $37.19 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The stock’s fifty day moving average is $36.32 and its two-hundred day moving average is $32.16. Pursuit Attractions and Hospitality, Inc. has a 52 week low of $26.66 and a 52 week high of $47.49. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 3.22, a price-to-earnings-growth ratio of 2.24 and a beta of 1.76.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings results on Thursday, February 10th. The company reported ($2.20) EPS for the quarter. Pursuit Attractions and Hospitality had a return on equity of 21.30% and a net margin of 51.67%.The firm had revenue of $25.57 million for the quarter. Research analysts anticipate that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current year.

Insider Activity at Pursuit Attractions and Hospitality

In other Pursuit Attractions and Hospitality news, Director Jill Bright purchased 1,000 shares of the company’s stock in a transaction on Tuesday, August 26th. The stock was acquired at an average price of $36.77 per share, for a total transaction of $36,770.00. Following the completion of the purchase, the director directly owned 6,311 shares in the company, valued at approximately $232,055.47. The trade was a 18.83% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.71% of the stock is currently owned by company insiders.

About Pursuit Attractions and Hospitality

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.