GRS Advisors LLC Makes New Investment in Pursuit Attractions and Hospitality, Inc. $PRSU

GRS Advisors LLC purchased a new stake in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 787,930 shares of the company’s stock, valued at approximately $28,507,000. Pursuit Attractions and Hospitality makes up about 2.7% of GRS Advisors LLC’s investment portfolio, making the stock its 16th biggest position.

A number of other hedge funds have also modified their holdings of PRSU. Crestview Partners IV GP L.P. purchased a new stake in shares of Pursuit Attractions and Hospitality in the second quarter worth $193,103,000. River Road Asset Management LLC purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at $59,213,000. Alliancebernstein L.P. purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at $20,657,000. Geode Capital Management LLC bought a new position in Pursuit Attractions and Hospitality in the 2nd quarter worth $14,544,000. Finally, TimesSquare Capital Management LLC boosted its holdings in Pursuit Attractions and Hospitality by 90.9% in the 3rd quarter. TimesSquare Capital Management LLC now owns 839,580 shares of the company’s stock worth $30,376,000 after buying an additional 399,787 shares during the period. 89.91% of the stock is currently owned by institutional investors.

Pursuit Attractions and Hospitality Price Performance

Shares of NYSE:PRSU opened at $36.29 on Friday. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 46.52, a P/E/G ratio of 1.73 and a beta of 1.43. The firm has a fifty day moving average price of $35.64 and a 200 day moving average price of $35.48. Pursuit Attractions and Hospitality, Inc. has a fifty-two week low of $26.66 and a fifty-two week high of $39.59. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.65 and a current ratio of 0.81.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its quarterly earnings results on Wednesday, February 25th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.81) by ($0.08). The company had revenue of $57.07 million during the quarter. Pursuit Attractions and Hospitality had a net margin of 5.01% and a return on equity of 5.23%. As a group, sell-side analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.25 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on PRSU shares. Wall Street Zen raised Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research note on Monday, December 29th. Stifel Nicolaus increased their target price on Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, Zacks Research downgraded Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.00.

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.