Thrivent Financial for Lutherans Takes $1.05 Million Position in United Parks & Resorts Inc. $PRKS

Thrivent Financial for Lutherans purchased a new stake in United Parks & Resorts Inc. (NYSE:PRKS) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,333 shares of the company’s stock, valued at approximately $1,051,000.

Several other large investors have also recently bought and sold shares of PRKS. Campbell & CO Investment Adviser LLC purchased a new position in United Parks & Resorts in the second quarter valued at about $1,533,000. Norges Bank purchased a new position in United Parks & Resorts in the 2nd quarter valued at approximately $12,019,000. State of Alaska Department of Revenue acquired a new position in United Parks & Resorts during the third quarter worth $865,000. Voss Capital LP boosted its position in United Parks & Resorts by 3.7% during the second quarter. Voss Capital LP now owns 1,965,000 shares of the company’s stock worth $92,650,000 after purchasing an additional 69,576 shares in the last quarter. Finally, KLP Kapitalforvaltning AS boosted its position in United Parks & Resorts by 11.5% during the second quarter. KLP Kapitalforvaltning AS now owns 11,600 shares of the company’s stock worth $547,000 after purchasing an additional 1,200 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on PRKS. The Goldman Sachs Group cut their price target on United Parks & Resorts from $51.00 to $44.00 and set a “neutral” rating for the company in a research note on Monday, November 10th. Mizuho reduced their price target on shares of United Parks & Resorts from $46.00 to $28.00 and set an “underperform” rating on the stock in a report on Wednesday, November 12th. Citigroup lowered their price target on shares of United Parks & Resorts from $40.00 to $39.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Barclays dropped their price objective on shares of United Parks & Resorts from $51.00 to $39.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 11th. Finally, Zacks Research upgraded United Parks & Resorts from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $49.36.

Insider Activity

In related news, insider Christopher L. Finazzo sold 7,200 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $35.12, for a total value of $252,864.00. Following the completion of the transaction, the insider directly owned 138,285 shares in the company, valued at approximately $4,856,569.20. This represents a 4.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.20% of the stock is owned by company insiders.

United Parks & Resorts Price Performance

NYSE:PRKS opened at $33.94 on Friday. The firm has a market cap of $1.85 billion, a PE ratio of 10.38, a P/E/G ratio of 2.26 and a beta of 1.27. The firm has a 50 day simple moving average of $36.48 and a 200-day simple moving average of $43.42. United Parks & Resorts Inc. has a 1-year low of $29.62 and a 1-year high of $58.51.

United Parks & Resorts Company Profile

United Parks & Resorts, Inc is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.