Los Angeles Capital Management LLC acquired a new stake in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 19,100 shares of the company’s stock, valued at approximately $551,000.
A number of other institutional investors have also added to or reduced their stakes in the business. Veracity Capital LLC purchased a new stake in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at about $3,497,000. State of Alaska Department of Revenue bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth approximately $367,000. KLP Kapitalforvaltning AS bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth approximately $112,000. Allspring Global Investments Holdings LLC purchased a new stake in Pursuit Attractions and Hospitality in the second quarter valued at approximately $43,665,000. Finally, Yousif Capital Management LLC bought a new stake in Pursuit Attractions and Hospitality during the second quarter valued at approximately $231,000. 89.91% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have commented on PRSU shares. Weiss Ratings reissued a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday. Oppenheimer reissued an “outperform” rating and issued a $48.00 target price on shares of Pursuit Attractions and Hospitality in a research note on Friday, November 7th. Finally, Stifel Nicolaus raised their price target on Pursuit Attractions and Hospitality from $42.00 to $43.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.67.
Insider Activity at Pursuit Attractions and Hospitality
In related news, Director Jill Bright acquired 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The shares were purchased at an average price of $36.77 per share, for a total transaction of $36,770.00. Following the completion of the acquisition, the director owned 6,311 shares in the company, valued at approximately $232,055.47. This represents a 18.83% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.71% of the company’s stock.
Pursuit Attractions and Hospitality Price Performance
Shares of Pursuit Attractions and Hospitality stock opened at $34.06 on Friday. Pursuit Attractions and Hospitality, Inc. has a 52-week low of $26.66 and a 52-week high of $46.66. The stock has a market capitalization of $963.32 million, a price-to-earnings ratio of 2.95, a price-to-earnings-growth ratio of 2.12 and a beta of 1.76. The company has a fifty day moving average of $35.79 and a 200-day moving average of $32.58. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.04.
Pursuit Attractions and Hospitality (NYSE:PRSU – Get Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The company had revenue of $62.88 million for the quarter. Pursuit Attractions and Hospitality had a net margin of 51.67% and a return on equity of 21.30%. Equities research analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current year.
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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