Wall Street Zen Upgrades Pursuit Attractions and Hospitality (NYSE:PRSU) to “Hold”

Pursuit Attractions and Hospitality (NYSE:PRSU) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Several other analysts have also recently commented on PRSU. Oppenheimer reaffirmed an “outperform” rating and issued a $48.00 target price on shares of Pursuit Attractions and Hospitality in a research note on Friday, November 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus increased their target price on Pursuit Attractions and Hospitality from $42.00 to $43.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Pursuit Attractions and Hospitality currently has a consensus rating of “Moderate Buy” and an average price target of $33.67.

Pursuit Attractions and Hospitality Trading Up 0.7%

Shares of PRSU stock opened at $34.06 on Friday. The company has a market capitalization of $963.32 million, a price-to-earnings ratio of 2.95, a PEG ratio of 2.12 and a beta of 1.76. The company has a current ratio of 1.04, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $35.79 and a 200 day moving average price of $32.63. Pursuit Attractions and Hospitality has a twelve month low of $26.66 and a twelve month high of $46.66.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The business had revenue of $62.88 million during the quarter. Pursuit Attractions and Hospitality had a net margin of 51.67% and a return on equity of 21.30%. Research analysts forecast that Pursuit Attractions and Hospitality will post 1.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jill Bright purchased 1,000 shares of the stock in a transaction on Tuesday, August 26th. The stock was purchased at an average price of $36.77 per share, with a total value of $36,770.00. Following the completion of the transaction, the director owned 6,311 shares in the company, valued at approximately $232,055.47. The trade was a 18.83% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.71% of the company’s stock.

Hedge Funds Weigh In On Pursuit Attractions and Hospitality

Hedge funds and other institutional investors have recently modified their holdings of the company. Illinois Municipal Retirement Fund increased its position in Pursuit Attractions and Hospitality by 4.1% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 11,535 shares of the company’s stock worth $417,000 after purchasing an additional 456 shares in the last quarter. CenterBook Partners LP grew its stake in Pursuit Attractions and Hospitality by 3.8% during the third quarter. CenterBook Partners LP now owns 16,546 shares of the company’s stock worth $599,000 after buying an additional 602 shares during the period. SkyView Investment Advisors LLC increased its position in shares of Pursuit Attractions and Hospitality by 3.3% in the second quarter. SkyView Investment Advisors LLC now owns 24,157 shares of the company’s stock worth $698,000 after acquiring an additional 783 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at $32,000. Finally, State of Wyoming acquired a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at $38,000. 89.91% of the stock is owned by institutional investors and hedge funds.

Pursuit Attractions and Hospitality Company Profile

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.