New York State Common Retirement Fund Invests $6.56 Million in Pursuit Attractions and Hospitality, Inc. $PRSU

New York State Common Retirement Fund purchased a new stake in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 227,647 shares of the company’s stock, valued at approximately $6,563,000. New York State Common Retirement Fund owned approximately 0.81% of Pursuit Attractions and Hospitality at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. DekaBank Deutsche Girozentrale purchased a new position in Pursuit Attractions and Hospitality in the 2nd quarter worth about $32,000. Ameritas Investment Partners Inc. bought a new stake in shares of Pursuit Attractions and Hospitality in the second quarter worth approximately $58,000. AlphaQuest LLC purchased a new position in shares of Pursuit Attractions and Hospitality during the second quarter valued at approximately $87,000. KLP Kapitalforvaltning AS purchased a new position in shares of Pursuit Attractions and Hospitality during the second quarter valued at approximately $112,000. Finally, Police & Firemen s Retirement System of New Jersey bought a new position in Pursuit Attractions and Hospitality during the second quarter valued at approximately $125,000. 89.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on PRSU. Stifel Nicolaus lifted their target price on shares of Pursuit Attractions and Hospitality from $42.00 to $43.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Wall Street Zen raised Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Oppenheimer reiterated an “outperform” rating and set a $48.00 price objective on shares of Pursuit Attractions and Hospitality in a research report on Friday, November 7th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Pursuit Attractions and Hospitality in a report on Monday, November 24th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.67.

Pursuit Attractions and Hospitality Trading Up 0.9%

Shares of Pursuit Attractions and Hospitality stock opened at $34.27 on Friday. Pursuit Attractions and Hospitality, Inc. has a 1-year low of $26.66 and a 1-year high of $46.66. The company’s fifty day simple moving average is $34.93 and its 200-day simple moving average is $32.99. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.09 and a quick ratio of 0.97. The stock has a market capitalization of $969.18 million, a PE ratio of 2.74, a P/E/G ratio of 1.78 and a beta of 1.50.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its earnings results on Wednesday, November 5th. The company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The company had revenue of $241.02 million for the quarter. Pursuit Attractions and Hospitality had a return on equity of 17.61% and a net margin of 82.54%. As a group, equities analysts anticipate that Pursuit Attractions and Hospitality, Inc. will post 1.25 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO David W. Barry acquired 755 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were purchased at an average price of $33.39 per share, with a total value of $25,209.45. Following the completion of the purchase, the chief executive officer directly owned 110,430 shares of the company’s stock, valued at $3,687,257.70. This represents a 0.69% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.71% of the stock is currently owned by insiders.

About Pursuit Attractions and Hospitality

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.