Pursuit Attractions and Hospitality, Inc. $PRSU Shares Acquired by Sei Investments Co.

Sei Investments Co. grew its stake in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) by 28.9% during the first quarter, Holdings Channel.com reports. The fund owned 207,993 shares of the company’s stock after acquiring an additional 46,571 shares during the period. Sei Investments Co.’s holdings in Pursuit Attractions and Hospitality were worth $7,619,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Alliancebernstein L.P. purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $20,657,000. Bank of America Corp DE purchased a new stake in Pursuit Attractions and Hospitality in the second quarter valued at approximately $6,587,000. Qube Research & Technologies Ltd purchased a new stake in Pursuit Attractions and Hospitality in the second quarter valued at approximately $4,471,000. Raymond James Financial Inc. acquired a new position in Pursuit Attractions and Hospitality during the second quarter worth $4,200,000. Finally, Marshall Wace LLP acquired a new position in Pursuit Attractions and Hospitality during the second quarter worth $4,038,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PRSU has been the subject of several research analyst reports. Oppenheimer restated an “outperform” rating and set a $50.00 price target (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research report on Monday, May 11th. Zacks Research lowered Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings upgraded Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

Pursuit Attractions and Hospitality Price Performance

Shares of PRSU opened at $50.62 on Monday. Pursuit Attractions and Hospitality, Inc. has a fifty-two week low of $27.92 and a fifty-two week high of $56.51. The firm’s 50 day moving average price is $50.48 and its 200 day moving average price is $42.40. The company has a market cap of $1.38 billion, a P/E ratio of 51.13, a PEG ratio of 2.19 and a beta of 1.37. The company has a quick ratio of 1.45, a current ratio of 1.54 and a debt-to-equity ratio of 0.36.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its earnings results on Wednesday, May 6th. The company reported ($0.94) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.94). Pursuit Attractions and Hospitality had a net margin of 6.19% and a return on equity of 5.30%. The company had revenue of $51.64 million for the quarter. On average, research analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.54 earnings per share for the current fiscal year.

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.