Bank of America Corp DE Increases Position in Pursuit Attractions and Hospitality, Inc. $PRSU

Bank of America Corp DE increased its position in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) by 7.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 170,322 shares of the company’s stock after acquiring an additional 12,003 shares during the period. Bank of America Corp DE’s holdings in Pursuit Attractions and Hospitality were worth $6,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PRSU. Comerica Bank grew its holdings in Pursuit Attractions and Hospitality by 136.4% during the fourth quarter. Comerica Bank now owns 73,994 shares of the company’s stock worth $2,492,000 after acquiring an additional 42,699 shares during the period. Hsbc Holdings PLC acquired a new position in Pursuit Attractions and Hospitality in the first quarter valued at approximately $869,000. Sei Investments Co. boosted its position in Pursuit Attractions and Hospitality by 28.9% in the 1st quarter. Sei Investments Co. now owns 207,993 shares of the company’s stock worth $7,619,000 after purchasing an additional 46,571 shares in the last quarter. Fifth Third Bancorp boosted its position in Pursuit Attractions and Hospitality by 59,404.9% in the 1st quarter. Fifth Third Bancorp now owns 73,191 shares of the company’s stock worth $2,681,000 after purchasing an additional 73,068 shares in the last quarter. Finally, River Road Asset Management LLC grew its stake in shares of Pursuit Attractions and Hospitality by 3.6% during the 4th quarter. River Road Asset Management LLC now owns 2,032,605 shares of the company’s stock worth $68,458,000 after purchasing an additional 69,794 shares during the period. Institutional investors and hedge funds own 89.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Zacks Research cut shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Oppenheimer restated an “outperform” rating and set a $50.00 price target (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research report on Monday, May 11th. Finally, Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $47.00.

Pursuit Attractions and Hospitality Stock Performance

NYSE:PRSU opened at $49.95 on Thursday. The company has a market cap of $1.36 billion, a P/E ratio of 37.56, a P/E/G ratio of 1.82 and a beta of 1.37. Pursuit Attractions and Hospitality, Inc. has a twelve month low of $32.03 and a twelve month high of $56.51. The company’s 50-day moving average price is $51.38 and its 200-day moving average price is $44.13. The company has a current ratio of 1.61, a quick ratio of 1.47 and a debt-to-equity ratio of 0.38.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.50 EPS 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 net margin of 7.94% and a return on equity of 5.93%. On average, sell-side analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.79 earnings per share for the current fiscal year.

Pursuit Attractions and Hospitality 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.