Comerica Bank Buys 42,699 Shares of Pursuit Attractions and Hospitality, Inc. $PRSU

Comerica Bank increased its stake in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) by 136.4% during the fourth quarter, Holdings Channel reports. The firm owned 73,994 shares of the company’s stock after acquiring an additional 42,699 shares during the period. Comerica Bank’s holdings in Pursuit Attractions and Hospitality were worth $2,492,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of PRSU. Caitong International Asset Management Co. Ltd boosted its stake in Pursuit Attractions and Hospitality by 803.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after buying an additional 691 shares in the last quarter. Larson Financial Group LLC boosted its stake in Pursuit Attractions and Hospitality by 4,831.3% in the third quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock valued at $29,000 after buying an additional 773 shares in the last quarter. State of Wyoming acquired a new stake in Pursuit Attractions and Hospitality in the second quarter valued at about $38,000. CIBC Private Wealth Group LLC boosted its stake in Pursuit Attractions and Hospitality by 737.3% in the third quarter. CIBC Private Wealth Group LLC now owns 1,884 shares of the company’s stock valued at $68,000 after buying an additional 1,659 shares in the last quarter. Finally, Tower Research Capital LLC TRC acquired a new stake in Pursuit Attractions and Hospitality in the second quarter valued at about $67,000. Institutional investors own 89.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Pursuit Attractions and Hospitality has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

Pursuit Attractions and Hospitality Stock Performance

NYSE:PRSU opened at $41.62 on Wednesday. The stock’s 50-day simple moving average is $38.23 and its 200 day simple moving average is $36.09. The firm has a market capitalization of $1.14 billion, a PE ratio of 53.36, a price-to-earnings-growth ratio of 1.89 and a beta of 1.41. The company has a quick ratio of 0.65, a current ratio of 0.81 and a debt-to-equity ratio of 0.23. Pursuit Attractions and Hospitality, Inc. has a twelve month low of $26.66 and a twelve month high of $42.80.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings data on Wednesday, February 25th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.81) by ($0.08). The business 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%. On average, analysts anticipate that Pursuit Attractions and Hospitality, Inc. will post 1.42 EPS 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.