Barclays PLC Has $3.55 Million Stock Position in United Parks & Resorts Inc. (NYSE:PRKS)

Barclays PLC lessened its position in shares of United Parks & Resorts Inc. (NYSE:PRKS - Free Report) by 82.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,116 shares of the company's stock after selling 296,929 shares during the quarter. Barclays PLC owned approximately 0.11% of United Parks & Resorts worth $3,546,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of PRKS. Quinn Opportunity Partners LLC bought a new position in United Parks & Resorts in the fourth quarter worth $618,000. Raymond James Financial Inc. acquired a new stake in shares of United Parks & Resorts during the 4th quarter valued at about $30,292,000. Renaissance Technologies LLC boosted its position in shares of United Parks & Resorts by 460.0% during the 4th quarter. Renaissance Technologies LLC now owns 50,400 shares of the company's stock valued at $2,832,000 after acquiring an additional 41,400 shares in the last quarter. Russell Investments Group Ltd. increased its stake in United Parks & Resorts by 25.1% in the fourth quarter. Russell Investments Group Ltd. now owns 402,680 shares of the company's stock valued at $22,532,000 after acquiring an additional 80,770 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in United Parks & Resorts by 0.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 52,963 shares of the company's stock worth $2,976,000 after purchasing an additional 258 shares in the last quarter.

United Parks & Resorts Price Performance

Shares of NYSE PRKS traded up $1.19 during midday trading on Friday, hitting $46.00. The stock had a trading volume of 792,264 shares, compared to its average volume of 898,548. The firm has a market cap of $2.53 billion, a P/E ratio of 11.53 and a beta of 1.61. United Parks & Resorts Inc. has a fifty-two week low of $37.68 and a fifty-two week high of $60.83. The company's 50-day simple moving average is $45.89 and its 200 day simple moving average is $51.83.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on PRKS shares. UBS Group initiated coverage on United Parks & Resorts in a research note on Wednesday, April 9th. They issued a "neutral" rating and a $49.00 price objective on the stock. Stifel Nicolaus reduced their target price on shares of United Parks & Resorts from $74.00 to $60.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Guggenheim upped their target price on shares of United Parks & Resorts from $70.00 to $72.00 and gave the stock a "buy" rating in a report on Thursday, February 27th. Mizuho boosted their price target on shares of United Parks & Resorts from $43.00 to $45.00 and gave the company an "underperform" rating in a research report on Thursday, February 27th. Finally, Macquarie dropped their price objective on shares of United Parks & Resorts from $70.00 to $65.00 and set an "outperform" rating for the company in a report on Thursday, March 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $58.50.

Insider Activity at United Parks & Resorts

In other United Parks & Resorts news, insider Byron Surrett sold 7,008 shares of the company's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $48.90, for a total transaction of $342,691.20. Following the transaction, the insider now directly owns 11,050 shares in the company, valued at approximately $540,345. This represents a 38.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.10% of the stock is owned by company insiders.

United Parks & Resorts Company Profile

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.