Pursuit Attractions and Hospitality, Inc. $PRSU Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp boosted its stake in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) by 59,404.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 73,191 shares of the company’s stock after acquiring an additional 73,068 shares during the quarter. Fifth Third Bancorp’s holdings in Pursuit Attractions and Hospitality were worth $2,681,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. purchased a new stake in shares of Pursuit Attractions and Hospitality during the second quarter worth $295,000. American Century Companies Inc. purchased a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth about $1,297,000. Invesco Ltd. purchased a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at about $3,838,000. First Trust Advisors LP purchased a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at about $1,365,000. Finally, Marshall Wace LLP acquired a new stake in Pursuit Attractions and Hospitality in the 2nd quarter valued at about $4,038,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Pursuit Attractions and Hospitality Price Performance

PRSU stock opened at $51.95 on Tuesday. The company has a current ratio of 1.54, a quick ratio of 1.45 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $1.42 billion, a PE ratio of 52.47, a P/E/G ratio of 2.30 and a beta of 1.35. Pursuit Attractions and Hospitality, Inc. has a 12-month low of $27.92 and a 12-month high of $56.51. The business’s fifty day moving average price is $48.83 and its 200 day moving average price is $41.24.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.94) EPS for the quarter, meeting the consensus estimate of ($0.94). The business had revenue of $51.64 million during the quarter. Pursuit Attractions and Hospitality had a net margin of 6.19% and a return on equity of 5.30%. On average, sell-side analysts anticipate that Pursuit Attractions and Hospitality, Inc. will post 1.54 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have issued reports on PRSU shares. Zacks Research downgraded Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Weiss Ratings raised shares of Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, 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. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

Pursuit Attractions and Hospitality Company 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.