Voss Capital LP Purchases 5,838 Shares of United Parks & Resorts Inc. (NYSE:PRKS)

Voss Capital LP lifted its holdings in United Parks & Resorts Inc. (NYSE:PRKS - Free Report) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,447,500 shares of the company's stock after buying an additional 5,838 shares during the quarter. United Parks & Resorts makes up about 6.0% of Voss Capital LP's portfolio, making the stock its 5th biggest position. Voss Capital LP owned 2.63% of United Parks & Resorts worth $81,335,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new position in United Parks & Resorts in the third quarter worth approximately $32,000. R Squared Ltd purchased a new stake in shares of United Parks & Resorts in the 4th quarter worth $72,000. KBC Group NV grew its position in shares of United Parks & Resorts by 60.2% during the 4th quarter. KBC Group NV now owns 1,698 shares of the company's stock worth $95,000 after buying an additional 638 shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of United Parks & Resorts by 267.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,839 shares of the company's stock valued at $103,000 after buying an additional 1,339 shares during the period. Finally, Schechter Investment Advisors LLC bought a new stake in shares of United Parks & Resorts in the fourth quarter valued at about $209,000.

United Parks & Resorts Stock Performance

NYSE PRKS traded up $0.35 during trading hours on Friday, reaching $44.02. The stock had a trading volume of 443,862 shares, compared to its average volume of 898,041. United Parks & Resorts Inc. has a 52-week low of $37.68 and a 52-week high of $60.83. The stock has a fifty day moving average of $46.87 and a 200 day moving average of $52.03. The stock has a market cap of $2.42 billion, a P/E ratio of 11.03 and a beta of 1.61.

Insider Activity

In related news, insider Byron Surrett sold 7,008 shares of the business's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $48.90, for a total value of $342,691.20. Following the completion of the transaction, the insider now directly owns 11,050 shares in the company, valued at $540,345. The trade was a 38.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.10% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on PRKS. Barclays began coverage on shares of United Parks & Resorts in a research report on Friday, March 14th. They set an "equal weight" rating and a $50.00 target price on the stock. Mizuho boosted their price objective on shares of United Parks & Resorts from $43.00 to $45.00 and gave the stock an "underperform" rating in a research note on Thursday, February 27th. Truist Financial dropped their target price on United Parks & Resorts from $62.00 to $52.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Macquarie reduced their price target on United Parks & Resorts from $70.00 to $65.00 and set an "outperform" rating for the company in a research report on Thursday, March 6th. Finally, Stifel Nicolaus dropped their price objective on United Parks & Resorts from $74.00 to $60.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $58.50.

About United Parks & Resorts

United Parks & Resorts, Inc is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.