Pursuit Attractions and Hospitality (NYSE:PRSU) Rating Lowered to Hold at Zacks Research

Pursuit Attractions and Hospitality (NYSE:PRSU) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Other analysts have also recently issued reports about the company. Oppenheimer reaffirmed an “outperform” rating and set a $48.00 price objective on shares of Pursuit Attractions and Hospitality in a research report on Friday, November 7th. Stifel Nicolaus upped their price target on Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Wall Street Zen raised Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a report on Monday, December 29th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Pursuit Attractions and Hospitality has an average rating of “Moderate Buy” and a consensus price target of $34.00.

Pursuit Attractions and Hospitality Trading Down 1.4%

Shares of NYSE PRSU traded down $0.52 during mid-day trading on Monday, hitting $37.21. The stock had a trading volume of 22,802 shares, compared to its average volume of 241,404. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.97 and a current ratio of 1.09. Pursuit Attractions and Hospitality has a 1 year low of $26.66 and a 1 year high of $41.72. The business has a 50 day moving average price of $34.79 and a two-hundred day moving average price of $34.93. The firm has a market cap of $1.05 billion, a P/E ratio of 2.98, a price-to-earnings-growth ratio of 1.91 and a beta of 1.46.

Insider Activity at Pursuit Attractions and Hospitality

In related news, CEO David W. Barry purchased 755 shares of Pursuit Attractions and Hospitality stock in a transaction dated Monday, November 17th. The stock was purchased at an average cost of $33.39 per share, for a total transaction of $25,209.45. Following the completion of the purchase, the chief executive officer directly owned 110,430 shares of the company’s stock, valued at $3,687,257.70. The trade was a 0.69% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 4.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PRSU. Caitong International Asset Management Co. Ltd lifted its stake in shares of Pursuit Attractions and Hospitality by 803.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after buying an additional 691 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Pursuit Attractions and Hospitality by 4,831.3% in the third quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock valued at $29,000 after acquiring an additional 773 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth about $32,000. State of Wyoming purchased a new stake in shares of Pursuit Attractions and Hospitality during the second quarter worth about $38,000. Finally, CIBC Private Wealth Group LLC raised its stake in Pursuit Attractions and Hospitality by 737.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,884 shares of the company’s stock valued at $68,000 after purchasing an additional 1,659 shares during the period. Institutional investors own 89.91% of the company’s stock.

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.