TimesSquare Capital Management LLC Acquires 399,787 Shares of Pursuit Attractions and Hospitality, Inc. $PRSU

TimesSquare Capital Management LLC increased its holdings in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) by 90.9% during the third quarter, Holdings Channel.com reports. The firm owned 839,580 shares of the company’s stock after buying an additional 399,787 shares during the period. TimesSquare Capital Management LLC’s holdings in Pursuit Attractions and Hospitality were worth $30,376,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. DekaBank Deutsche Girozentrale purchased a new position in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at $32,000. State of Wyoming purchased a new position in Pursuit Attractions and Hospitality in the second quarter valued at about $38,000. Ameritas Investment Partners Inc. purchased a new stake in shares of Pursuit Attractions and Hospitality during the second quarter valued at about $58,000. Tower Research Capital LLC TRC bought a new stake in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at about $67,000. Finally, AlphaQuest LLC bought a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $87,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Stock Performance

NYSE PRSU opened at $36.64 on Friday. The firm has a market capitalization of $1.04 billion, a P/E ratio of 2.93, a PEG ratio of 1.86 and a beta of 1.46. The stock has a 50-day simple moving average of $34.95 and a two-hundred day simple moving average of $35.03. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.97 and a current ratio of 1.09. Pursuit Attractions and Hospitality, Inc. has a fifty-two week low of $26.66 and a fifty-two week high of $41.10.

Insider Buying and Selling

In related news, CEO David W. Barry purchased 755 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was bought at an average cost of $33.39 per share, with a total value of $25,209.45. Following the completion of the acquisition, the chief executive officer owned 110,430 shares of the company’s stock, valued at $3,687,257.70. The trade was a 0.69% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.71% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Zacks Research lowered shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research note on Monday, December 29th. Oppenheimer restated an “outperform” rating and set a $48.00 price target on shares of Pursuit Attractions and Hospitality in a research note on Friday, November 7th. Stifel Nicolaus increased their price objective on shares of Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, Wall Street Zen raised shares of Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $34.00.

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.