Barrow Hanley Mewhinney & Strauss LLC Increases Position in United Parks & Resorts Inc. (NYSE:PRKS)

Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in United Parks & Resorts Inc. (NYSE:PRKS) by 15.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,548,403 shares of the company’s stock after buying an additional 599,043 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned approximately 8.27% of United Parks & Resorts worth $255,575,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of PRKS. Public Employees Retirement System of Ohio purchased a new stake in United Parks & Resorts in the 3rd quarter valued at about $32,000. R Squared Ltd purchased a new stake in shares of United Parks & Resorts in the fourth quarter valued at approximately $72,000. KBC Group NV grew its stake in United Parks & Resorts by 60.2% in the fourth quarter. KBC Group NV now owns 1,698 shares of the company’s stock worth $95,000 after purchasing an additional 638 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in United Parks & Resorts by 267.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,839 shares of the company’s stock worth $103,000 after purchasing an additional 1,339 shares during the period. Finally, Schechter Investment Advisors LLC bought a new stake in United Parks & Resorts during the 4th quarter valued at $209,000.

United Parks & Resorts Stock Down 2.2 %

Shares of PRKS opened at $46.39 on Friday. The company has a 50 day moving average of $50.97 and a two-hundred day moving average of $53.21. United Parks & Resorts Inc. has a twelve month low of $44.72 and a twelve month high of $60.83. The company has a market cap of $2.55 billion, a price-to-earnings ratio of 11.63 and a beta of 1.96.

Insider Transactions at United Parks & Resorts

In other news, insider Byron Surrett sold 7,008 shares of the company’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $48.90, for a total transaction of $342,691.20. Following the transaction, the insider now owns 11,050 shares in the company, valued at $540,345. This represents a 38.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Macquarie dropped their price target on United Parks & Resorts from $70.00 to $65.00 and set an “outperform” rating on the stock in a research report on Thursday, March 6th. Mizuho increased their target price on shares of United Parks & Resorts from $43.00 to $45.00 and gave the stock an “underperform” rating in a report on Thursday, February 27th. Truist Financial reduced their price target on shares of United Parks & Resorts from $64.00 to $62.00 and set a “buy” rating for the company in a report on Tuesday, March 25th. Guggenheim upped their price target on shares of United Parks & Resorts from $70.00 to $72.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th. Finally, Barclays initiated coverage on shares of United Parks & Resorts in a report on Friday, March 14th. They set an “equal weight” rating and a $50.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $61.18.

About United Parks & Resorts

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.