Hsbc Holdings PLC Makes New $869,000 Investment in Pursuit Attractions and Hospitality, Inc. $PRSU

Hsbc Holdings PLC purchased a new stake in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 23,771 shares of the company’s stock, valued at approximately $869,000.

Other institutional investors also recently modified their holdings of the company. River Road Asset Management LLC lifted its stake in shares of Pursuit Attractions and Hospitality by 3.6% in the fourth quarter. River Road Asset Management LLC now owns 2,032,605 shares of the company’s stock worth $68,458,000 after buying an additional 69,794 shares during the last quarter. Vanguard Group Inc. grew its stake in Pursuit Attractions and Hospitality by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 1,575,649 shares of the company’s stock valued at $53,068,000 after buying an additional 19,204 shares during the last quarter. TimesSquare Capital Management LLC raised its holdings in Pursuit Attractions and Hospitality by 10.4% in the 4th quarter. TimesSquare Capital Management LLC now owns 927,024 shares of the company’s stock worth $31,222,000 after acquiring an additional 87,444 shares during the period. Alliancebernstein L.P. raised its holdings in 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 acquiring an additional 123,006 shares during the period. Finally, State Street Corp lifted its position in Pursuit Attractions and Hospitality by 3.2% during the 4th quarter. State Street Corp now owns 813,263 shares of the company’s stock worth $27,391,000 after acquiring an additional 25,353 shares during the last quarter. Institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Trading Down 2.4%

Shares of PRSU stock opened at $52.66 on Thursday. Pursuit Attractions and Hospitality, Inc. has a 1 year low of $27.92 and a 1 year high of $56.51. The firm’s fifty day simple moving average is $50.23 and its 200 day simple moving average is $42.16. The firm has a market capitalization of $1.44 billion, a P/E ratio of 53.20, a price-to-earnings-growth ratio of 2.34 and a beta of 1.35. The company has a current ratio of 1.54, a quick ratio of 1.45 and a debt-to-equity ratio of 0.36.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its earnings results on Wednesday, May 6th. The company reported ($0.94) EPS for the quarter, meeting the consensus estimate of ($0.94). Pursuit Attractions and Hospitality had a net margin of 6.19% and a return on equity of 5.30%. The firm had revenue of $51.64 million during the quarter. As a group, sell-side analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.54 EPS for the current year.

Analyst Ratings Changes

PRSU has been the subject of a number of recent analyst reports. Zacks Research cut shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 9th. Weiss Ratings upgraded Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, Oppenheimer reissued an “outperform” rating and set a $50.00 price objective (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research report on Monday, May 11th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

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.