Forum Financial Management LP Takes Position in Pursuit Attractions and Hospitality, Inc. $PRSU

Key Points

• Forum Financial Management LP recently acquired a stake in Pursuit Attractions and Hospitality, purchasing 17,214 shares valued at approximately $496,000, representing 0.06% ownership of the company.
• Institutional investors dominate the company's ownership with 89.91% of shares held by various firms, highlighting significant interest in Pursuit Attractions and Hospitality.
• Analysts have rated the stock with an average of "Moderate Buy" and a consensus price target of $29.67, suggesting potential growth outlook for the company in the coming fiscal year.

Forum Financial Management LP bought a new stake in shares of 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. The firm bought 17,214 shares of the company's stock, valued at approximately $496,000. Forum Financial Management LP owned 0.06% of Pursuit Attractions and Hospitality as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of PRSU. Veracity Capital LLC acquired a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $3,497,000. State of Alaska Department of Revenue acquired a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $367,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $112,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $43,665,000. Finally, Yousif Capital Management LLC acquired a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $231,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Pursuit Attractions and Hospitality Trading Up 0.7%

PRSU opened at $37.19 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.89. The company's 50 day simple moving average is $36.32 and its two-hundred day simple moving average is $32.16. Pursuit Attractions and Hospitality, Inc. has a 1-year low of $26.66 and a 1-year high of $47.49. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 3.22, a price-to-earnings-growth ratio of 2.24 and a beta of 1.76.

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

Insiders Place Their Bets

In other Pursuit Attractions and Hospitality news, Director Jill Bright bought 1,000 shares of the firm's stock in a transaction on Tuesday, August 26th. The shares were acquired at an average cost of $36.77 per share, with a total value of $36,770.00. Following the purchase, the director directly owned 6,311 shares of the company's stock, valued at $232,055.47. This trade represents a 18.83% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.71% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

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

Pursuit Attractions and Hospitality Company Profile

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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