147,591 Shares in Pursuit Attractions and Hospitality, Inc. $PRSU Bought by Ancora Advisors LLC

Key Points

• Ancora Advisors LLC bought 147,591 shares of Pursuit Attractions and Hospitality, valued at approximately $8.26 million and representing a 0.54% stake. Institutional investors collectively own 89.91% of the company.
• Analyst sentiment remains positive overall, with a consensus rating of “Moderate Buy” and an average price target of $47.00, although Zacks Research downgraded the stock to “hold.”
• Pursuit reported quarterly earnings of $0.50 per share, narrowly beating estimates of $0.49, on revenue of $133.49 million. Shares opened at $49.12, within a 12-month range of $32.03 to $56.51.

Ancora Advisors LLC acquired a new stake in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 147,591 shares of the company's stock, valued at approximately $8,261,000. Ancora Advisors LLC owned 0.54% of Pursuit Attractions and Hospitality as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. acquired a new position in Pursuit Attractions and Hospitality in the 2nd quarter valued at about $183,218,000. River Road Asset Management LLC raised its stake in shares of Pursuit Attractions and Hospitality by 3.6% during the fourth quarter. River Road Asset Management LLC now owns 2,032,605 shares of the company's stock worth $68,458,000 after purchasing an additional 69,794 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Pursuit Attractions and Hospitality by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 1,575,649 shares of the company's stock worth $53,068,000 after purchasing an additional 19,204 shares during the period. TimesSquare Capital Management LLC grew its position in Pursuit Attractions and Hospitality by 10.4% in the 4th quarter. TimesSquare Capital Management LLC now owns 927,024 shares of the company's stock valued at $31,222,000 after buying an additional 87,444 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in Pursuit Attractions and Hospitality by 17.2% in the 3rd quarter. Alliancebernstein L.P. now owns 839,508 shares of the company's stock valued at $30,373,000 after buying an additional 123,006 shares during the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Zacks Research downgraded shares of Pursuit Attractions and Hospitality from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 9th. Oppenheimer reiterated an "outperform" rating and set a $50.00 price target (up from $48.00) on shares of Pursuit Attractions and Hospitality in a research note on Monday, May 11th. Finally, Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $47.00.

Pursuit Attractions and Hospitality Trading Up 0.7%

Shares of Pursuit Attractions and Hospitality stock opened at $49.12 on Wednesday. Pursuit Attractions and Hospitality, Inc. has a 12-month low of $32.03 and a 12-month high of $56.51. The company has a current ratio of 1.61, a quick ratio of 1.47 and a debt-to-equity ratio of 0.38. The stock has a market cap of $1.34 billion, a PE ratio of 36.94, a price-to-earnings-growth ratio of 1.82 and a beta of 1.37. The company has a 50-day moving average of $51.35 and a two-hundred day moving average of $44.03.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.50 earnings per share for the quarter, topping 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 business had revenue of $133.49 million for the quarter. On average, research analysts anticipate that Pursuit Attractions and Hospitality, Inc. will post 1.79 EPS for the current fiscal year.

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.

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