TimesSquare Capital Management LLC Makes New Investment in Pursuit Attractions and Hospitality, Inc. $PRSU

TimesSquare Capital Management LLC purchased a new stake in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) in the 2nd quarter, HoldingsChannel reports. The fund purchased 816,511 shares of the company’s stock, valued at approximately $45,700,000.

A number of other institutional investors have also modified their holdings of PRSU. Bank of New York Mellon Corp purchased a new position in shares of Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $9,287,000. Oppenheimer Asset Management Inc. acquired a new stake in Pursuit Attractions and Hospitality in the second quarter valued at approximately $293,000. Segall Bryant & Hamill LLC acquired a new stake in Pursuit Attractions and Hospitality in the first quarter valued at approximately $4,410,000. Bank of America Corp DE boosted its stake in Pursuit Attractions and Hospitality by 7.6% in the first quarter. Bank of America Corp DE now owns 170,322 shares of the company’s stock valued at $6,239,000 after acquiring an additional 12,003 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in Pursuit Attractions and Hospitality by 28.9% in the first quarter. Sei Investments Co. now owns 207,993 shares of the company’s stock worth $7,619,000 after purchasing an additional 46,571 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors.

Pursuit Attractions and Hospitality Trading Down 0.3%

Shares of NYSE:PRSU opened at $47.82 on Tuesday. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. Pursuit Attractions and Hospitality, Inc. has a 52-week low of $32.03 and a 52-week high of $56.51. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 35.96, a PEG ratio of 1.75 and a beta of 1.37. The business has a 50-day moving average price of $51.23 and a 200-day moving average price of $43.46.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its earnings results on Wednesday, August 5th. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%.The firm had revenue of $133.49 million for the quarter. Equities analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.83 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a report on Friday, August 7th. Zacks Research downgraded Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $50.00 target price (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Pursuit Attractions and Hospitality presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

Pursuit Attractions and Hospitality 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.