3,273,506 Shares in Pursuit Attractions and Hospitality, Inc. $PRSU Purchased by BlackRock Inc.

BlackRock Inc. bought a new position in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,273,506 shares of the company’s stock, valued at approximately $183,218,000. BlackRock Inc. owned approximately 0.12% of Pursuit Attractions and Hospitality as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. River Road Asset Management LLC raised its holdings in Pursuit Attractions and Hospitality by 3.6% in the 4th quarter. River Road Asset Management LLC now owns 2,032,605 shares of the company’s stock worth $68,458,000 after acquiring an additional 69,794 shares during the last quarter. Vanguard Group Inc. boosted its stake in Pursuit Attractions and Hospitality by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 1,575,649 shares of the company’s stock valued at $53,068,000 after purchasing an additional 19,204 shares during the last quarter. TimesSquare Capital Management LLC boosted its stake in Pursuit Attractions and Hospitality by 10.4% during the 4th quarter. TimesSquare Capital Management LLC now owns 927,024 shares of the company’s stock valued at $31,222,000 after purchasing an additional 87,444 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of Pursuit Attractions and Hospitality by 17.2% in the 3rd quarter. Alliancebernstein L.P. now owns 839,508 shares of the company’s stock worth $30,373,000 after purchasing an additional 123,006 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of Pursuit Attractions and Hospitality by 3.2% in the 4th quarter. State Street Corp now owns 813,263 shares of the company’s stock worth $27,391,000 after purchasing an additional 25,353 shares in the last quarter. Institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Stock Down 1.6%

PRSU stock opened at $49.22 on Friday. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 37.01, a P/E/G ratio of 1.86 and a beta of 1.37. 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 business’s 50-day moving average is $51.34 and its two-hundred day moving average is $44.21. Pursuit Attractions and Hospitality, Inc. has a fifty-two week low of $32.03 and a fifty-two week high of $56.51.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its quarterly earnings data 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 return on equity of 5.93% and a net margin of 7.94%.The firm had revenue of $133.49 million during the quarter. As a group, analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.79 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.