United Parks & Resorts Inc. $PRKS Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its stake in shares of United Parks & Resorts Inc. (NYSE:PRKS) by 63.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 134,794 shares of the company’s stock after selling 236,746 shares during the quarter. SG Americas Securities LLC’s holdings in United Parks & Resorts were worth $4,893,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. CWM LLC grew its position in shares of United Parks & Resorts by 74.3% during the third quarter. CWM LLC now owns 495 shares of the company’s stock worth $26,000 after buying an additional 211 shares in the last quarter. Federated Hermes Inc. raised its holdings in United Parks & Resorts by 114.0% in the third quarter. Federated Hermes Inc. now owns 550 shares of the company’s stock valued at $28,000 after acquiring an additional 293 shares in the last quarter. Quarry LP purchased a new position in United Parks & Resorts in the third quarter worth approximately $28,000. Pacer Advisors Inc. purchased a new position in United Parks & Resorts in the third quarter worth approximately $154,000. Finally, GAMMA Investing LLC grew its holdings in United Parks & Resorts by 2,455.2% during the 4th quarter. GAMMA Investing LLC now owns 4,906 shares of the company’s stock worth $178,000 after acquiring an additional 4,714 shares in the last quarter.

United Parks & Resorts Stock Up 0.7%

Shares of United Parks & Resorts stock opened at $32.88 on Thursday. The firm has a market capitalization of $1.60 billion, a P/E ratio of 10.78, a P/E/G ratio of 2.26 and a beta of 1.18. United Parks & Resorts Inc. has a 52 week low of $28.77 and a 52 week high of $56.95. The firm’s 50 day moving average is $34.36 and its two-hundred day moving average is $39.32.

United Parks & Resorts (NYSE:PRKS) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.18). United Parks & Resorts had a negative return on equity of 41.63% and a net margin of 10.13%.The company had revenue of $373.55 million for the quarter, compared to analysts’ expectations of $375.87 million. During the same quarter in the prior year, the firm posted $0.50 EPS. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. As a group, research analysts expect that United Parks & Resorts Inc. will post 3.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on PRKS. Weiss Ratings reissued a “sell (d+)” rating on shares of United Parks & Resorts in a research report on Friday, March 27th. Truist Financial boosted their target price on shares of United Parks & Resorts from $47.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday, March 26th. Mizuho dropped their target price on United Parks & Resorts from $28.00 to $27.00 and set an “underperform” rating on the stock in a report on Monday, March 2nd. Citigroup cut their price target on United Parks & Resorts from $40.00 to $39.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Finally, Guggenheim decreased their price target on United Parks & Resorts from $56.00 to $54.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, United Parks & Resorts presently has a consensus rating of “Hold” and a consensus price target of $47.00.

United Parks & Resorts Company 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.