Louisiana State Employees Retirement System Makes New Investment in Pursuit Attractions and Hospitality, Inc. $PRSU

Louisiana State Employees Retirement System acquired a new stake in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 9,500 shares of the company’s stock, valued at approximately $348,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. River Road Asset Management LLC raised its holdings in Pursuit Attractions and Hospitality by 3.6% during the fourth quarter. River Road Asset Management LLC now owns 2,032,605 shares of the company’s stock worth $68,458,000 after acquiring an additional 69,794 shares in the last quarter. Vanguard Group Inc. grew its stake in Pursuit Attractions and Hospitality by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 1,575,649 shares of the company’s stock valued at $53,068,000 after purchasing an additional 19,204 shares in the last quarter. TimesSquare Capital Management LLC grew its stake in Pursuit Attractions and Hospitality by 10.4% in the fourth quarter. TimesSquare Capital Management LLC now owns 927,024 shares of the company’s stock valued at $31,222,000 after purchasing an additional 87,444 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Pursuit Attractions and Hospitality by 17.2% during the 3rd quarter. Alliancebernstein L.P. now owns 839,508 shares of the company’s stock worth $30,373,000 after purchasing an additional 123,006 shares during the last quarter. Finally, State Street Corp increased its position in shares of Pursuit Attractions and Hospitality by 3.2% during the 4th quarter. State Street Corp now owns 813,263 shares of the company’s stock worth $27,391,000 after purchasing an additional 25,353 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Trading Down 1.5%

Pursuit Attractions and Hospitality stock opened at $53.78 on Thursday. The stock has a 50-day simple moving average of $47.01 and a 200 day simple moving average of $40.18. The stock has a market capitalization of $1.47 billion, a P/E ratio of 54.32, a PEG ratio of 2.36 and a beta of 1.35. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.45 and a current ratio of 1.54. Pursuit Attractions and Hospitality, Inc. has a 52 week low of $27.92 and a 52 week high of $56.51.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.94) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.94). Pursuit Attractions and Hospitality had a return on equity of 5.30% and a net margin of 6.19%.The firm had revenue of $51.64 million for the quarter. Analysts expect that Pursuit Attractions and Hospitality, Inc. will post 1.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on PRSU shares. Oppenheimer reissued an “outperform” rating and issued a $50.00 price objective (up from $48.00) on shares of Pursuit Attractions and Hospitality in a report on Monday, May 11th. Weiss Ratings upgraded shares of Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Zacks Research raised shares of Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Pursuit Attractions and Hospitality currently has an average rating of “Buy” and an average price target of $47.00.

About Pursuit Attractions and Hospitality

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.