Intech Investment Management LLC Acquires Shares of 11,689 Pursuit Attractions and Hospitality, Inc. $PRSU

Intech Investment Management LLC bought a new position in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 11,689 shares of the company’s stock, valued at approximately $337,000.

Several other hedge funds have also modified their holdings of the business. Allspring Global Investments Holdings LLC purchased a new stake in shares of Pursuit Attractions and Hospitality in the second quarter valued at approximately $43,665,000. Geode Capital Management LLC purchased a new position in Pursuit Attractions and Hospitality in the 2nd quarter valued at approximately $14,544,000. TimesSquare Capital Management LLC purchased a new position in Pursuit Attractions and Hospitality in the 2nd quarter valued at approximately $12,679,000. Veracity Capital LLC acquired a new position in Pursuit Attractions and Hospitality during the second quarter worth $3,497,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in Pursuit Attractions and Hospitality during the second quarter worth $3,279,000. 89.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

PRSU has been the subject of a number of research analyst reports. Stifel Nicolaus raised their price target on Pursuit Attractions and Hospitality from $42.00 to $43.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Oppenheimer restated an “outperform” rating and set a $48.00 target price on shares of Pursuit Attractions and Hospitality in a report on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Pursuit Attractions and Hospitality in a report on Monday, November 24th. Finally, Wall Street Zen upgraded shares of Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $33.67.

Insider Buying and Selling at Pursuit Attractions and Hospitality

In other Pursuit Attractions and Hospitality news, CEO David W. Barry purchased 755 shares of Pursuit Attractions and Hospitality stock in a transaction on Monday, November 17th. The shares were bought at an average price of $33.39 per share, with a total value of $25,209.45. Following the purchase, the chief executive officer directly owned 110,430 shares in the company, valued at $3,687,257.70. This trade represents a 0.69% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.71% of the stock is currently owned by corporate insiders.

Pursuit Attractions and Hospitality Price Performance

NYSE:PRSU opened at $34.33 on Monday. Pursuit Attractions and Hospitality, Inc. has a 12-month low of $26.66 and a 12-month high of $46.66. The firm has a market cap of $970.96 million, a price-to-earnings ratio of 2.97, a price-to-earnings-growth ratio of 2.12 and a beta of 1.76. The company’s 50-day moving average is $35.18 and its two-hundred day moving average is $32.88. The company has a current ratio of 1.04, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. Pursuit Attractions and Hospitality had a net margin of 51.67% and a return on equity of 21.30%. The business had revenue of $241.02 million during the quarter. Research analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current year.

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.