Sims Investment Management LLC acquired a new position in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 38,974 shares of the company’s stock, valued at approximately $1,124,000. Pursuit Attractions and Hospitality comprises 0.5% of Sims Investment Management LLC’s investment portfolio, making the stock its 19th largest holding. Sims Investment Management LLC owned approximately 0.14% of Pursuit Attractions and Hospitality as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth approximately $43,665,000. Veracity Capital LLC bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth approximately $3,497,000. Deroy & Devereaux Private Investment Counsel Inc. bought a new position in Pursuit Attractions and Hospitality during the second quarter valued at approximately $3,279,000. New York State Teachers Retirement System bought a new position in Pursuit Attractions and Hospitality during the second quarter valued at approximately $961,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Pursuit Attractions and Hospitality during the second quarter valued at approximately $845,000. 89.91% of the stock is currently owned by institutional investors.
Pursuit Attractions and Hospitality Stock Down 0.7%
Shares of Pursuit Attractions and Hospitality stock opened at $35.41 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.04. Pursuit Attractions and Hospitality, Inc. has a 52-week low of $26.66 and a 52-week high of $47.49. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 3.07, a P/E/G ratio of 2.14 and a beta of 1.76. The company’s 50 day moving average price is $36.12 and its 200-day moving average price is $31.97.
Insider Activity
In other news, Director Jill Bright bought 1,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were purchased at an average price of $36.77 per share, for a total transaction of $36,770.00. Following the completion of the acquisition, the director owned 6,311 shares of the company’s stock, valued at approximately $232,055.47. This trade represents a 18.83% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.71% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on PRSU. Weiss Ratings reiterated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research report on Wednesday, October 8th. Oppenheimer reiterated an “outperform” rating on shares of Pursuit Attractions and Hospitality in a research report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $29.67.
About Pursuit Attractions and Hospitality
Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.
Featured Articles
- Five stocks we like better than Pursuit Attractions and Hospitality
- Do ETFs Pay Dividends? What You Need to Know
- Johnson & Johnson’s M&A Strategy Is the Real Story for Investors
- What Are Dividend Contenders? Investing in Dividend Contenders
- Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?
- Airline Stocks – Top Airline Stocks to Buy Now
- Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?
Want to see what other hedge funds are holding PRSU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU – Free Report).
Receive News & Ratings for Pursuit Attractions and Hospitality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pursuit Attractions and Hospitality and related companies with MarketBeat.com's FREE daily email newsletter.