Pursuit Attractions and Hospitality (NYSE:PRSU) Cut to “Hold” at Zacks Research

Zacks Research cut shares of Pursuit Attractions and Hospitality (NYSE:PRSU) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

PRSU has been the subject of a number of other reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a report on Monday, December 29th. Oppenheimer reissued an “outperform” rating and set a $48.00 target price on shares of Pursuit Attractions and Hospitality in a research report on Friday, November 7th. Stifel Nicolaus increased their price target on Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, Wall Street Zen upgraded Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Pursuit Attractions and Hospitality presently has an average rating of “Moderate Buy” and a consensus price target of $34.00.

Pursuit Attractions and Hospitality Trading Down 1.7%

Shares of PRSU stock opened at $37.09 on Monday. The business’s fifty day moving average price is $34.85 and its 200 day moving average price is $34.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.09 and a quick ratio of 0.97. The firm has a market capitalization of $1.05 billion, a PE ratio of 2.97, a P/E/G ratio of 1.92 and a beta of 1.46. Pursuit Attractions and Hospitality has a 1-year low of $26.66 and a 1-year high of $41.72.

Insiders Place Their Bets

In other Pursuit Attractions and Hospitality news, CEO David W. Barry bought 755 shares of the business’s stock in a transaction on Monday, November 17th. The shares were bought at an average cost of $33.39 per share, with a total value 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 trade represents a 0.69% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.71% of the stock is currently owned by company insiders.

Institutional Trading of Pursuit Attractions and Hospitality

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Crestview Partners IV GP L.P. acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth $193,103,000. River Road Asset Management LLC bought a new position in shares of Pursuit Attractions and Hospitality during the second quarter worth about $59,213,000. Vanguard Group Inc. grew its stake in Pursuit Attractions and Hospitality by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 1,575,649 shares of the company’s stock worth $53,068,000 after purchasing an additional 19,204 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Pursuit Attractions and Hospitality by 1.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,513,461 shares of the company’s stock valued at $53,728,000 after buying an additional 20,655 shares during the last quarter. Finally, TimesSquare Capital Management LLC increased its holdings in Pursuit Attractions and Hospitality by 10.4% in the fourth quarter. TimesSquare Capital Management LLC now owns 927,024 shares of the company’s stock valued at $31,222,000 after buying an additional 87,444 shares during the last quarter. Institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Company Profile

Pursuit Attractions and Hospitality Inc (NYSE: PRSU) is a travel and leisure company focused on delivering immersive experiences at some of North America’s most celebrated destinations. The company’s core operations span scenic attractions such as mountain gondolas and tramways, alpine lodges and wilderness excursions, as well as complementary dining venues that showcase regional flavors. By integrating guided tours, wildlife viewing and seasonal activities, Pursuit aims to create memorable experiences for both individual and group travelers.

In the mountain segment, Pursuit operates marquee attractions including the Banff Gondola and Jasper SkyTram in Canada’s Rocky Mountains, supported by on-site accommodations like Emerald Lake Lodge.