Legal & General Group Plc Takes Position in Pursuit Attractions and Hospitality, Inc. $PRSU

Legal & General Group Plc acquired a new position in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) in the 2nd quarter, Holdings Channel reports. The fund acquired 47,210 shares of the company’s stock, valued at approximately $2,642,000.

A number of other hedge funds have also modified their holdings of PRSU. The Manufacturers Life Insurance Company acquired a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at approximately $311,000. Quantbot Technologies LP acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $525,000. Alpine Woods Capital Investors LLC bought a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $307,000. BlackRock Inc. bought a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $183,218,000. Finally, Deutsche Bank AG acquired a new stake in shares of Pursuit Attractions and Hospitality in the second quarter valued at approximately $1,226,000. 89.91% of the stock is currently owned by institutional investors.

Pursuit Attractions and Hospitality Stock Down 0.1%

Pursuit Attractions and Hospitality stock opened at $47.95 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.61 and a quick ratio of 1.47. The company’s 50-day moving average is $50.81 and its 200-day moving average is $44.63. The firm has a market capitalization of $1.31 billion, a PE ratio of 36.05, a P/E/G ratio of 1.79 and a beta of 1.37. Pursuit Attractions and Hospitality, Inc. has a fifty-two week low of $32.03 and a fifty-two week high of $56.51.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its earnings results on Wednesday, August 5th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.01. Pursuit Attractions and Hospitality had a net margin of 7.94% and a return on equity of 5.93%. The business had revenue of $133.49 million during the quarter. Sell-side analysts anticipate that Pursuit Attractions and Hospitality, Inc. will post 1.79 earnings per share for the current year.

Wall Street Analyst Weigh In

PRSU has been the topic of a number of research reports. Oppenheimer reissued an “outperform” rating and issued a $50.00 price objective (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research report on Monday, May 11th. Zacks Research lowered shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $47.00.

About Pursuit Attractions and Hospitality

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.