WINTON GROUP Ltd Invests $6.57 Million in United Parks & Resorts Inc. $PRKS

WINTON GROUP Ltd purchased a new stake in shares of United Parks & Resorts Inc. (NYSE:PRKS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 127,060 shares of the company’s stock, valued at approximately $6,569,000. WINTON GROUP Ltd owned approximately 0.23% of United Parks & Resorts at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of PRKS. CWM LLC boosted its position in United Parks & Resorts by 74.3% during the 3rd quarter. CWM LLC now owns 495 shares of the company’s stock worth $26,000 after acquiring an additional 211 shares during the period. Federated Hermes Inc. increased its holdings in shares of United Parks & Resorts by 114.0% in the 3rd quarter. Federated Hermes Inc. now owns 550 shares of the company’s stock valued at $28,000 after purchasing an additional 293 shares during the period. Neo Ivy Capital Management acquired a new position in shares of United Parks & Resorts in the 2nd quarter valued at about $123,000. Pacer Advisors Inc. purchased a new stake in shares of United Parks & Resorts in the third quarter worth approximately $154,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of United Parks & Resorts by 238.6% in the second quarter. Tower Research Capital LLC TRC now owns 4,023 shares of the company’s stock worth $190,000 after purchasing an additional 2,835 shares in the last quarter.

United Parks & Resorts Stock Down 2.4%

NYSE PRKS opened at $34.31 on Monday. The stock has a market capitalization of $1.67 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 2.36 and a beta of 1.18. The company has a 50 day moving average price of $36.22 and a two-hundred day moving average price of $41.82. United Parks & Resorts Inc. has a 12-month low of $29.62 and a 12-month high of $56.95.

United Parks & Resorts (NYSE:PRKS) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.18). United Parks & Resorts had a negative return on equity of 41.63% and a net margin of 10.13%.The business had revenue of $373.55 million for the quarter, compared to analyst estimates of $375.87 million. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.50 EPS. As a group, equities analysts anticipate that United Parks & Resorts Inc. will post 3.95 EPS for the current year.

Wall Street Analysts Forecast Growth

PRKS has been the topic of a number of research analyst reports. Barclays lowered their price objective on shares of United Parks & Resorts from $51.00 to $39.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 11th. Citigroup lowered their price target on shares of United Parks & Resorts from $40.00 to $39.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Zacks Research raised shares of United Parks & Resorts from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. The Goldman Sachs Group cut their price objective on United Parks & Resorts from $51.00 to $44.00 and set a “neutral” rating for the company in a report on Monday, November 10th. Finally, Truist Financial reduced their price objective on United Parks & Resorts from $61.00 to $47.00 and set a “buy” rating for the company in a research report on Thursday, December 4th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $46.40.

Insider Transactions at United Parks & Resorts

In related news, insider Christopher L. Finazzo sold 7,200 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $35.12, for a total value of $252,864.00. Following the completion of the sale, the insider directly owned 138,285 shares in the company, valued at approximately $4,856,569.20. This represents a 4.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.20% of the company’s stock.

About United Parks & Resorts

United Parks & Resorts, Inc is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.