Walleye Trading LLC Takes Position in United Parks & Resorts Inc. (NYSE:PRKS)

Walleye Trading LLC acquired a new position in United Parks & Resorts Inc. (NYSE:PRKS - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,320 shares of the company's stock, valued at approximately $636,000.

Several other hedge funds have also modified their holdings of the company. National Bank of Canada FI raised its holdings in United Parks & Resorts by 2,024,910.0% in the 4th quarter. National Bank of Canada FI now owns 405,002 shares of the company's stock worth $22,757,000 after purchasing an additional 404,982 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. increased its position in shares of United Parks & Resorts by 0.9% in the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 555,309 shares of the company's stock valued at $31,203,000 after buying an additional 4,919 shares in the last quarter. Perpetual Ltd raised its stake in shares of United Parks & Resorts by 37.8% during the 4th quarter. Perpetual Ltd now owns 459,150 shares of the company's stock worth $25,800,000 after buying an additional 125,912 shares during the period. Raymond James Financial Inc. purchased a new position in shares of United Parks & Resorts during the 4th quarter valued at approximately $30,292,000. Finally, Geode Capital Management LLC acquired a new stake in United Parks & Resorts in the 3rd quarter valued at $37,472,000.

United Parks & Resorts Stock Up 0.9 %

NYSE:PRKS traded up $0.39 on Friday, reaching $44.06. The company's stock had a trading volume of 70,881 shares, compared to its average volume of 896,658. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of 11.02 and a beta of 1.61. United Parks & Resorts Inc. has a 12-month low of $37.68 and a 12-month high of $60.83. The stock has a 50 day moving average price of $47.07 and a 200 day moving average price of $52.07.

Analyst Ratings Changes

Several equities analysts have issued reports on PRKS shares. Mizuho increased their price objective on shares of United Parks & Resorts from $43.00 to $45.00 and gave the company an "underperform" rating in a report on Thursday, February 27th. Stifel Nicolaus dropped their price target on United Parks & Resorts from $74.00 to $60.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Macquarie decreased their price objective on United Parks & Resorts from $70.00 to $65.00 and set an "outperform" rating on the stock in a report on Thursday, March 6th. UBS Group began coverage on shares of United Parks & Resorts in a report on Wednesday, April 9th. They set a "neutral" rating and a $49.00 target price for the company. Finally, Guggenheim boosted their price target on shares of United Parks & Resorts from $70.00 to $72.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $58.50.

Insider Activity at United Parks & Resorts

In other United Parks & Resorts news, insider Byron Surrett sold 7,008 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $48.90, for a total value of $342,691.20. Following the sale, the insider now owns 11,050 shares of the company's stock, valued at $540,345. The trade was a 38.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is owned by insiders.

United Parks & Resorts Profile

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.