Pursuit Attractions and Hospitality (NYSE:PRSU) Downgraded to “Hold” Rating by Zacks Research

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

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

Pursuit Attractions and Hospitality Stock Performance

Shares of NYSE PRSU traded down $0.51 during midday trading on Monday, reaching $37.22. 21,891 shares of the stock were exchanged, compared to its average volume of 241,312. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 0.18. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 2.98, a PEG ratio of 1.91 and a beta of 1.46. The firm has a 50-day simple moving average of $34.79 and a two-hundred day simple moving average of $34.93. Pursuit Attractions and Hospitality has a twelve month low of $26.66 and a twelve month high of $41.72.

Insider Activity

In other Pursuit Attractions and Hospitality news, CEO David W. Barry bought 755 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was acquired at an average price of $33.39 per share, with a total value of $25,209.45. Following the completion of the acquisition, the chief executive officer directly owned 110,430 shares of the company’s stock, valued at $3,687,257.70. This represents a 0.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.10% of the stock is owned by insiders.

Institutional Trading of Pursuit Attractions and Hospitality

Several large investors have recently bought and sold shares of the business. Crestview Partners IV GP L.P. purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth $193,103,000. River Road Asset Management LLC acquired a new position in Pursuit Attractions and Hospitality in the second quarter valued at about $59,213,000. Vanguard Group Inc. increased its position in shares of Pursuit Attractions and Hospitality by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 1,575,649 shares of the company’s stock valued at $53,068,000 after acquiring an additional 19,204 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Pursuit Attractions and Hospitality by 1.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,513,461 shares of the company’s stock valued at $53,728,000 after acquiring an additional 20,655 shares during the period. Finally, TimesSquare Capital Management LLC raised its stake in shares of Pursuit Attractions and Hospitality by 10.4% in the 4th quarter. TimesSquare Capital Management LLC now owns 927,024 shares of the company’s stock valued at $31,222,000 after acquiring an additional 87,444 shares during the period. Hedge funds and other 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.