Comerica Bank Purchases 42,699 Shares of Pursuit Attractions and Hospitality, Inc. $PRSU

Key Points

• Comerica Bank increased its stake in Pursuit (NYSE:PRSU) by 136.4%, buying 42,699 shares to hold 73,994 shares valued at about $2.49 million (≈0.26% of the company).
• Pursuit reported an EPS miss of ($0.89) versus ($0.81) expected on $57.07M revenue; the stock trades around $41.62 (near its 52‑week high) with a $1.14B market cap and a MarketBeat consensus of "Moderate Buy" (target $34).

Comerica Bank grew its position in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Free Report) by 136.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,994 shares of the company's stock after buying an additional 42,699 shares during the period. Comerica Bank owned approximately 0.26% of Pursuit Attractions and Hospitality worth $2,492,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in PRSU. GRS Advisors LLC bought a new position in Pursuit Attractions and Hospitality during the 3rd quarter worth $28,507,000. Alliancebernstein L.P. bought a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth $20,657,000. TimesSquare Capital Management LLC increased its position in Pursuit Attractions and Hospitality by 90.9% during the 3rd quarter. TimesSquare Capital Management LLC now owns 839,580 shares of the company's stock worth $30,376,000 after buying an additional 399,787 shares during the period. Bank of America Corp DE bought a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth $6,587,000. Finally, Boothbay Fund Management LLC increased its position in Pursuit Attractions and Hospitality by 1,477.3% during the 3rd quarter. Boothbay Fund Management LLC now owns 171,234 shares of the company's stock worth $6,195,000 after buying an additional 160,378 shares during the period. Institutional investors own 89.91% of the company's stock.

Pursuit Attractions and Hospitality Stock Up 3.9%

Shares of NYSE PRSU opened at $41.62 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.65 and a current ratio of 0.81. Pursuit Attractions and Hospitality, Inc. has a 52 week low of $26.66 and a 52 week high of $42.80. The stock has a market capitalization of $1.14 billion, a P/E ratio of 53.36, a PEG ratio of 1.89 and a beta of 1.41. The stock's fifty day moving average is $38.23 and its 200 day moving average is $36.09.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The company reported ($0.89) EPS for the quarter, missing analysts' consensus estimates of ($0.81) by ($0.08). Pursuit Attractions and Hospitality had a return on equity of 5.23% and a net margin of 5.01%.The company had revenue of $57.07 million during the quarter. Sell-side analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.42 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Pursuit Attractions and Hospitality from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 9th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Pursuit Attractions and Hospitality has a consensus rating of "Moderate Buy" and a consensus target price of $34.00.

Pursuit Attractions and Hospitality Profile

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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