Allspring Global Investments Holdings LLC Trims Stock Holdings in Pursuit Attractions and Hospitality, Inc. $PRSU

Allspring Global Investments Holdings LLC lessened its holdings in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) by 5.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,436,183 shares of the company’s stock after selling 77,278 shares during the period. Allspring Global Investments Holdings LLC owned about 0.05% of Pursuit Attractions and Hospitality worth $47,983,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd raised its position in shares of Pursuit Attractions and Hospitality by 803.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock valued at $28,000 after purchasing an additional 691 shares in the last quarter. Larson Financial Group LLC grew its position in shares of Pursuit Attractions and Hospitality by 4,831.3% during the third quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock worth $29,000 after buying an additional 773 shares in the last quarter. State of Wyoming acquired a new stake in shares of Pursuit Attractions and Hospitality during the second quarter worth approximately $38,000. CIBC Private Wealth Group LLC increased its stake in shares of Pursuit Attractions and Hospitality by 737.3% in the third quarter. CIBC Private Wealth Group LLC now owns 1,884 shares of the company’s stock worth $68,000 after buying an additional 1,659 shares during the last quarter. Finally, Ameritas Investment Partners Inc. bought a new stake in shares of Pursuit Attractions and Hospitality in the second quarter worth $58,000. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Pursuit Attractions and Hospitality Trading Up 1.8%

NYSE:PRSU opened at $37.28 on Thursday. Pursuit Attractions and Hospitality, Inc. has a 12-month low of $26.66 and a 12-month high of $38.33. The firm has a market capitalization of $1.04 billion, a P/E ratio of 47.80, a P/E/G ratio of 1.73 and a beta of 1.37. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.81 and a quick ratio of 0.65. The business has a 50 day simple moving average of $36.18 and a 200 day simple moving average of $35.37.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its earnings results on Wednesday, February 25th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.81) by ($0.08). The company had revenue of $57.07 million during the quarter. Pursuit Attractions and Hospitality had a return on equity of 5.23% and a net margin of 5.01%. Equities research analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current year.

Wall Street Analyst Weigh In

PRSU has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Pursuit Attractions and Hospitality in a research note on Monday, December 29th. Stifel Nicolaus boosted their target price on shares of Pursuit Attractions and Hospitality from $43.00 to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, Zacks Research lowered shares of Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Pursuit Attractions and Hospitality presently has a consensus rating of “Moderate Buy” and an average target price of $34.00.

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.