Manatuck Hill Partners LLC Acquires New Shares in Pursuit Attractions and Hospitality, Inc. $PRSU

Key Points

• Manatuck Hill Partners acquired 141,400 Pursuit Attractions and Hospitality shares worth approximately $7.9 million, representing a 0.52% stake and 2.6% of the fund’s holdings.
• Institutional ownership stands at 89.91%, with several major investors—including BlackRock, Legal & General, and other funds—initiating positions during the second quarter.
• Analysts maintain a “Moderate Buy” consensus with an average $47 price target, while Pursuit recently reported quarterly EPS of $0.50, slightly above the $0.49 consensus estimate.

Manatuck Hill Partners LLC bought a new stake in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 141,400 shares of the company's stock, valued at approximately $7,914,000. Pursuit Attractions and Hospitality makes up about 2.6% of Manatuck Hill Partners LLC's holdings, making the stock its 8th biggest holding. Manatuck Hill Partners LLC owned about 0.52% of Pursuit Attractions and Hospitality at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of PRSU. Legal & General Group Plc bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter valued at approximately $2,642,000. The Manufacturers Life Insurance Company bought a new stake in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $311,000. Quantbot Technologies LP bought a new stake in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $525,000. Alpine Woods Capital Investors LLC purchased a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $307,000. Finally, BlackRock Inc. purchased a new stake in Pursuit Attractions and Hospitality in the 2nd quarter worth approximately $183,218,000. 89.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Pursuit Attractions and Hospitality Price Performance

PRSU stock opened at $49.12 on Wednesday. The firm has a 50 day simple moving average of $51.35 and a two-hundred day simple moving average of $44.03. The stock has a market cap of $1.34 billion, a PE ratio of 36.94, a P/E/G ratio of 1.82 and a beta of 1.37. Pursuit Attractions and Hospitality, Inc. has a one year low of $32.03 and a one year high of $56.51. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.61 and a quick ratio of 1.47.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. The business had revenue of $133.49 million for the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%. On average, analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.79 EPS for the current fiscal year.

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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