Pursuit Attractions and Hospitality, Inc. $PRSU Position Trimmed by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lowered its stake in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) by 7.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,322,379 shares of the company’s stock after selling 113,804 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Pursuit Attractions and Hospitality were worth $49,298,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Principal Financial Group Inc. boosted its stake in shares of Pursuit Attractions and Hospitality by 2.0% during the 1st quarter. Principal Financial Group Inc. now owns 104,477 shares of the company’s stock worth $3,827,000 after acquiring an additional 2,018 shares in the last quarter. Fifth Third Bancorp boosted its stake in Pursuit Attractions and Hospitality by 59,404.9% in the 1st quarter. Fifth Third Bancorp now owns 73,191 shares of the company’s stock worth $2,681,000 after purchasing an additional 73,068 shares during the period. Hsbc Holdings PLC acquired a new position in Pursuit Attractions and Hospitality in the 1st quarter worth approximately $869,000. Forum Financial Management LP acquired a new position in Pursuit Attractions and Hospitality in the 1st quarter worth approximately $323,000. Finally, Sims Investment Management LLC grew its position in Pursuit Attractions and Hospitality by 0.7% during the 1st quarter. Sims Investment Management LLC now owns 37,158 shares of the company’s stock worth $1,361,000 after purchasing an additional 260 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on PRSU. Zacks Research lowered Pursuit Attractions and Hospitality from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 9th. Weiss Ratings raised Pursuit Attractions and Hospitality from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $50.00 target price (up from $48.00) on shares of Pursuit Attractions and Hospitality in a report on Monday, May 11th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Pursuit Attractions and Hospitality Stock Down 0.0%

Pursuit Attractions and Hospitality stock opened at $53.16 on Friday. 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 $1.45 billion, a P/E ratio of 53.69, a P/E/G ratio of 2.30 and a beta of 1.35. Pursuit Attractions and Hospitality, Inc. has a 1-year low of $27.92 and a 1-year high of $56.51. The firm’s fifty day simple moving average is $48.62 and its 200-day simple moving average is $41.06.

Pursuit Attractions and Hospitality (NYSE:PRSU) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.94) EPS for the quarter, meeting analysts’ consensus estimates of ($0.94). Pursuit Attractions and Hospitality had a return on equity of 5.30% and a net margin of 6.19%.The business had revenue of $51.64 million for the quarter. Sell-side analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.54 earnings per share for the current fiscal year.

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.