UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Position in Pursuit Attractions and Hospitality, Inc. $PRSU

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) by 40.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 47,651 shares of the company’s stock after buying an additional 13,826 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Pursuit Attractions and Hospitality were worth $2,667,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Pursuit Attractions and Hospitality during the second quarter worth about $183,218,000. TimesSquare Capital Management LLC purchased a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at approximately $45,700,000. Alliancebernstein L.P. purchased a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at approximately $20,657,000. Bank of America Corp DE acquired a new stake in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $6,587,000. Finally, Bank of New York Mellon Corp acquired a new stake in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $9,287,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Analyst Upgrades and Downgrades

PRSU has been the topic of several analyst reports. Weiss Ratings downgraded Pursuit Attractions and Hospitality from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, September 4th. Jefferies Financial Group assumed coverage on Pursuit Attractions and Hospitality in a report on Wednesday. They set a “buy” rating and a $61.00 price target for the company. Finally, Zacks Research lowered shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 9th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Pursuit Attractions and Hospitality has a consensus rating of “Moderate Buy” and a consensus target price of $51.67.

Pursuit Attractions and Hospitality Trading Up 0.3%

NYSE PRSU opened at $48.20 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $1.31 billion, a P/E ratio of 36.24, a P/E/G ratio of 1.79 and a beta of 1.37. Pursuit Attractions and Hospitality, Inc. has a 52-week low of $32.03 and a 52-week high of $56.51. The firm has a 50-day moving average price of $50.20 and a 200 day moving average price of $44.99.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%.The company had revenue of $133.49 million for the quarter. Equities research analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.79 EPS for the current 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.