38,974 Shares in Pursuit Attractions and Hospitality, Inc. $PRSU Acquired by Sims Investment Management LLC

Key Points

• Sims Investment Management LLC acquired 38,974 shares of Pursuit Attractions and Hospitality, Inc., valued at approximately $1,124,000, making it the firm's 19th largest holding.
• A significant percentage, 89.91%, of Pursuit Attractions and Hospitality's stock is currently owned by institutional investors, highlighting strong institutional interest in the company.
• Shares of the company opened at $35.41, and despite a recent decline of 0.7%, analysts maintain a consensus rating of "Moderate Buy" with an average target price of $29.67.

Sims Investment Management LLC acquired a new position in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 38,974 shares of the company's stock, valued at approximately $1,124,000. Pursuit Attractions and Hospitality comprises 0.5% of Sims Investment Management LLC's investment portfolio, making the stock its 19th largest holding. Sims Investment Management LLC owned approximately 0.14% of Pursuit Attractions and Hospitality as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth approximately $43,665,000. Veracity Capital LLC bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth approximately $3,497,000. Deroy & Devereaux Private Investment Counsel Inc. bought a new position in Pursuit Attractions and Hospitality during the second quarter valued at approximately $3,279,000. New York State Teachers Retirement System bought a new position in Pursuit Attractions and Hospitality during the second quarter valued at approximately $961,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Pursuit Attractions and Hospitality during the second quarter valued at approximately $845,000. 89.91% of the stock is currently owned by institutional investors.

Pursuit Attractions and Hospitality Stock Down 0.7%

Shares of Pursuit Attractions and Hospitality stock opened at $35.41 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 1.04. Pursuit Attractions and Hospitality, Inc. has a 52-week low of $26.66 and a 52-week high of $47.49. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 3.07, a P/E/G ratio of 2.14 and a beta of 1.76. The company's 50 day moving average price is $36.12 and its 200-day moving average price is $31.97.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) last issued its earnings results on Thursday, February 10th. The company reported ($2.20) earnings per share (EPS) for the quarter. Pursuit Attractions and Hospitality had a return on equity of 21.30% and a net margin of 51.67%.The firm had revenue of $25.57 million during the quarter. Equities research analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current year.

Insider Activity

In other news, Director Jill Bright bought 1,000 shares of the business's stock in a transaction dated Tuesday, August 26th. The shares were purchased at an average price of $36.77 per share, for a total transaction of $36,770.00. Following the completion of the acquisition, the director owned 6,311 shares of the company's stock, valued at approximately $232,055.47. This trade represents a 18.83% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.71% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PRSU. Weiss Ratings reiterated a "hold (c)" rating on shares of Pursuit Attractions and Hospitality in a research report on Wednesday, October 8th. Oppenheimer reiterated an "outperform" rating on shares of Pursuit Attractions and Hospitality in a research report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $29.67.

About Pursuit Attractions and Hospitality

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.

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