Squarepoint Ops LLC Sells 98,784 Shares of Pursuit Attractions and Hospitality, Inc. $PRSU

Squarepoint Ops LLC lessened its stake in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) by 85.3% during the second quarter, Holdings Channel reports. The fund owned 17,091 shares of the company’s stock after selling 98,784 shares during the quarter. Squarepoint Ops LLC’s holdings in Pursuit Attractions and Hospitality were worth $493,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. SkyView Investment Advisors LLC increased its stake in Pursuit Attractions and Hospitality by 3.3% in the second quarter. SkyView Investment Advisors LLC now owns 24,157 shares of the company’s stock valued at $698,000 after purchasing an additional 783 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in shares of Pursuit Attractions and Hospitality in the 2nd quarter valued at about $32,000. State of Wyoming bought a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at about $38,000. Ameritas Investment Partners Inc. acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $58,000. Finally, Tower Research Capital LLC TRC acquired a new position in Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $67,000. 89.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on PRSU shares. Stifel Nicolaus raised their price objective on Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Zacks Research upgraded shares of Pursuit Attractions and Hospitality from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 11th. Oppenheimer restated an “outperform” rating and set a $48.00 price objective on shares of Pursuit Attractions and Hospitality in a report on Friday, November 7th. Wall Street Zen raised shares of Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $34.00.

Pursuit Attractions and Hospitality Price Performance

Shares of NYSE:PRSU opened at $34.36 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 0.18. The stock has a market cap of $971.70 million, a PE ratio of 2.75, a price-to-earnings-growth ratio of 1.76 and a beta of 1.50. The stock’s fifty day simple moving average is $34.84 and its two-hundred day simple moving average is $33.72. Pursuit Attractions and Hospitality, Inc. has a 1-year low of $26.66 and a 1-year high of $43.83.

Pursuit Attractions and Hospitality (NYSE:PRSU) last announced its earnings results on Wednesday, November 5th. The company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. Pursuit Attractions and Hospitality had a net margin of 82.54% and a return on equity of 17.61%. The company had revenue of $241.02 million during the quarter. As a group, analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current fiscal year.

Insider Transactions at Pursuit Attractions and Hospitality

In other news, CEO David W. Barry acquired 755 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was purchased at an average price of $33.39 per share, for a total transaction of $25,209.45. Following the purchase, the chief executive officer owned 110,430 shares in the company, valued at approximately $3,687,257.70. This represents a 0.69% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.71% of the company’s stock.

Pursuit Attractions and Hospitality Profile

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.