United Parks & Resorts Inc. (NYSE:PRKS) Shares Acquired by Voss Capital LP

Voss Capital LP increased its position in shares of United Parks & Resorts Inc. (NYSE:PRKS) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,447,500 shares of the company’s stock after acquiring an additional 5,838 shares during the quarter. United Parks & Resorts makes up approximately 6.0% of Voss Capital LP’s holdings, making the stock its 5th biggest holding. Voss Capital LP owned approximately 2.63% of United Parks & Resorts worth $81,335,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PRKS. National Bank of Canada FI boosted its holdings in shares of United Parks & Resorts by 2,024,910.0% in the 4th quarter. National Bank of Canada FI now owns 405,002 shares of the company’s stock valued at $22,757,000 after purchasing an additional 404,982 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. grew its position in United Parks & Resorts by 0.9% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 555,309 shares of the company’s stock valued at $31,203,000 after acquiring an additional 4,919 shares during the period. Perpetual Ltd raised its holdings in shares of United Parks & Resorts by 37.8% in the 4th quarter. Perpetual Ltd now owns 459,150 shares of the company’s stock worth $25,800,000 after purchasing an additional 125,912 shares during the period. Raymond James Financial Inc. acquired a new position in shares of United Parks & Resorts in the 4th quarter valued at about $30,292,000. Finally, Geode Capital Management LLC acquired a new stake in United Parks & Resorts during the 3rd quarter worth approximately $37,472,000.

United Parks & Resorts Stock Up 3.1 %

PRKS opened at $44.28 on Monday. The company’s 50-day moving average price is $47.72 and its 200 day moving average price is $52.27. United Parks & Resorts Inc. has a fifty-two week low of $37.68 and a fifty-two week high of $60.83. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 11.10 and a beta of 1.61.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PRKS. Macquarie decreased their price objective on shares of United Parks & Resorts from $70.00 to $65.00 and set an “outperform” rating for the company in a research note on Thursday, March 6th. Stifel Nicolaus reduced their price objective on United Parks & Resorts from $74.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, April 11th. Barclays assumed coverage on United Parks & Resorts in a research note on Friday, March 14th. They issued an “equal weight” rating and a $50.00 target price for the company. Truist Financial decreased their price target on United Parks & Resorts from $62.00 to $52.00 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, Mizuho boosted their target price on shares of United Parks & Resorts from $43.00 to $45.00 and gave the stock an “underperform” rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $58.50.

Insider Activity

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 completion of the transaction, the insider now owns 11,050 shares in the company, valued at approximately $540,345. This represents a 38.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.10% of the company’s stock.

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.