OneDigital Investment Advisors LLC Makes New Investment in United Parks & Resorts Inc. (NYSE:PRKS)

OneDigital Investment Advisors LLC acquired a new stake in United Parks & Resorts Inc. (NYSE:PRKS - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 15,130 shares of the company's stock, valued at approximately $850,000.

Other large investors have also recently added to or reduced their stakes in the company. Voss Capital LP boosted its stake in United Parks & Resorts by 0.4% during the 4th quarter. Voss Capital LP now owns 1,447,500 shares of the company's stock valued at $81,335,000 after purchasing an additional 5,838 shares during the period. Walleye Trading LLC acquired a new position in United Parks & Resorts during the 4th quarter valued at about $636,000. Mariner LLC acquired a new stake in shares of United Parks & Resorts in the 4th quarter valued at approximately $214,000. Quinn Opportunity Partners LLC bought a new stake in United Parks & Resorts during the 4th quarter worth approximately $618,000. Finally, Raymond James Financial Inc. bought a new position in shares of United Parks & Resorts during the 4th quarter worth approximately $30,292,000.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PRKS. Macquarie decreased their price target on shares of United Parks & Resorts from $70.00 to $65.00 and set an "outperform" rating on the stock in a research note on Thursday, March 6th. Mizuho raised their target price on United Parks & Resorts from $43.00 to $45.00 and gave the company an "underperform" rating in a report on Thursday, February 27th. Barclays assumed coverage on United Parks & Resorts in a report on Friday, March 14th. They set an "equal weight" rating and a $50.00 price target on the stock. UBS Group initiated coverage on United Parks & Resorts in a research report on Wednesday, April 9th. They issued a "neutral" rating and a $49.00 price target for the company. Finally, Guggenheim lifted their price objective on United Parks & Resorts from $70.00 to $72.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, United Parks & Resorts presently has an average rating of "Hold" and an average price target of $58.50.

Insider Transactions at United Parks & Resorts

In related news, insider Byron Surrett sold 7,008 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $48.90, for a total transaction of $342,691.20. Following the completion of the transaction, the insider now owns 11,050 shares of the company's stock, valued at approximately $540,345. This represents a 38.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.10% of the company's stock.

United Parks & Resorts Stock Up 3.1 %

PRKS traded up $1.37 on Thursday, reaching $45.02. The company's stock had a trading volume of 305,576 shares, compared to its average volume of 905,684. United Parks & Resorts Inc. has a fifty-two week low of $37.68 and a fifty-two week high of $60.83. The stock has a 50 day moving average of $46.27 and a two-hundred day moving average of $51.90. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 11.28 and a beta of 1.61.

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.