78,547 Shares in Pursuit Attractions and Hospitality, Inc. $PRSU Bought by Squarepoint Ops LLC

Key Points

• Squarepoint Ops LLC acquired 78,547 shares of Pursuit Attractions and Hospitality in the second quarter, valued at approximately $4.4 million and representing about 0.29% of the company. Institutional investors collectively own 89.91% of PRSU.
• Analyst sentiment remains positive overall, with three Buy ratings and two Hold ratings producing a “Moderate Buy” consensus and an average price target of $51.67. Jefferies initiated coverage with a Buy rating and a $61 target.
• PRSU opened at $48.47 and recently gained 0.7%; the company reported quarterly EPS of $0.50, slightly exceeding estimates, on revenue of $133.49 million.

Squarepoint Ops LLC bought a new stake in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 78,547 shares of the company's stock, valued at approximately $4,396,000. Squarepoint Ops LLC owned about 0.29% of Pursuit Attractions and Hospitality at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of PRSU. Caitong International Asset Management Co. Ltd boosted its holdings in Pursuit Attractions and Hospitality by 803.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company's stock valued at $28,000 after acquiring an additional 691 shares during the period. Larson Financial Group LLC increased its stake in shares of Pursuit Attractions and Hospitality by 4,831.2% in the third quarter. Larson Financial Group LLC now owns 789 shares of the company's stock worth $29,000 after purchasing an additional 773 shares during the period. State of Wyoming bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth about $38,000. Kemnay Advisory Services Inc. acquired a new position in shares of Pursuit Attractions and Hospitality during the 4th quarter worth about $55,000. Finally, Tower Research Capital LLC TRC bought a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at approximately $67,000. Institutional investors own 89.91% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PRSU. Weiss Ratings lowered Pursuit Attractions and Hospitality from a "hold (c+)" rating to a "hold (c)" rating in a report 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 cut Pursuit Attractions and Hospitality from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 9th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Pursuit Attractions and Hospitality currently has an average rating of "Moderate Buy" and a consensus price target of $51.67.

Pursuit Attractions and Hospitality Stock Up 0.7%

Shares of PRSU opened at $48.47 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.47 and a current ratio of 1.61. The company has a 50-day simple moving average of $50.06 and a 200-day simple moving average of $45.01. 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 market capitalization of $1.32 billion, a P/E ratio of 36.44, a P/E/G ratio of 1.81 and a beta of 1.37.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) last released its 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, equities research analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.79 earnings per share for the current year.

Pursuit Attractions and Hospitality Profile

Pursuit Attractions and Hospitality, Inc NYSE: PRSU operates a portfolio of destination-based attractions, hospitality properties and experiential travel businesses. The company focuses on connecting guests with natural and cultural landmarks through lodging, guided tours, sightseeing activities, restaurants, retail and other visitor services.

Pursuit serves travelers in prominent tourism markets across the United States and Canada, including Alaska, Montana, the Canadian Rockies and other gateway destinations.

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