Geode Capital Management LLC Takes $14.54 Million Position in Pursuit Attractions and Hospitality, Inc. $PRSU

Geode Capital Management LLC bought a new position in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 504,467 shares of the company’s stock, valued at approximately $14,544,000. Geode Capital Management LLC owned 1.79% of Pursuit Attractions and Hospitality at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of PRSU. DekaBank Deutsche Girozentrale acquired a new position in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at $32,000. AlphaQuest LLC acquired a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $87,000. KLP Kapitalforvaltning AS bought a new stake in Pursuit Attractions and Hospitality in the second quarter valued at about $112,000. Amalgamated Bank acquired a new position in Pursuit Attractions and Hospitality in the second quarter worth about $174,000. Finally, Yousif Capital Management LLC bought a new position in Pursuit Attractions and Hospitality during the second quarter worth about $231,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insider Buying and Selling at Pursuit Attractions and Hospitality

In related news, CEO David W. Barry purchased 755 shares of Pursuit Attractions and Hospitality stock in a transaction that occurred on Monday, November 17th. The shares were acquired at an average price of $33.39 per share, for a total transaction of $25,209.45. Following the transaction, the chief executive officer directly owned 110,430 shares in the company, valued at approximately $3,687,257.70. This represents a 0.69% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.71% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Pursuit Attractions and Hospitality Stock Down 0.9%

Shares of PRSU opened at $34.01 on Tuesday. The company has a market capitalization of $961.90 million, a P/E ratio of 2.94, a PEG ratio of 2.12 and a beta of 1.76. Pursuit Attractions and Hospitality, Inc. has a one year low of $26.66 and a one year high of $46.66. The business’s 50 day simple moving average is $35.13 and its 200-day simple moving average is $32.91. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.89.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings results 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. The firm had revenue of $241.02 million during the quarter. Pursuit Attractions and Hospitality had a return on equity of 21.30% and a net margin of 51.67%. As a group, sell-side analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current fiscal 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.