K.J. Harrison & Partners Inc Buys 10,000 Shares of United Parks & Resorts Inc. (NYSE:PRKS)

K.J. Harrison & Partners Inc increased its position in shares of United Parks & Resorts Inc. (NYSE:PRKS) by 33.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,000 shares of the company’s stock after acquiring an additional 10,000 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in United Parks & Resorts were worth $2,302,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in United Parks & Resorts in the third quarter worth $30,000. Public Employees Retirement System of Ohio bought a new stake in shares of United Parks & Resorts in the 3rd quarter valued at $32,000. KBC Group NV acquired a new stake in United Parks & Resorts during the 3rd quarter worth $54,000. Amalgamated Bank bought a new position in United Parks & Resorts during the third quarter worth about $65,000. Finally, R Squared Ltd acquired a new position in United Parks & Resorts in the fourth quarter valued at about $72,000.

United Parks & Resorts Stock Performance

Shares of NYSE PRKS opened at $52.86 on Thursday. The stock’s fifty day moving average is $54.02 and its 200 day moving average is $53.34. United Parks & Resorts Inc. has a 52 week low of $44.72 and a 52 week high of $60.83. The stock has a market capitalization of $2.91 billion, a P/E ratio of 13.25 and a beta of 1.99.

Insider Activity at United Parks & Resorts

In other news, insider Christopher L. Finazzo sold 13,000 shares of United Parks & Resorts stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $55.62, for a total transaction of $723,060.00. Following the sale, the insider now directly owns 132,439 shares of the company’s stock, valued at approximately $7,366,257.18. This trade represents a 8.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Mizuho reissued an “underperform” rating and set a $43.00 target price (down from $45.00) on shares of United Parks & Resorts in a research note on Friday, November 8th. Guggenheim dropped their target price on United Parks & Resorts from $72.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, November 12th. Finally, Truist Financial raised their target price on shares of United Parks & Resorts from $60.00 to $64.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $62.60.

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.