141,400 Shares in Pursuit Attractions and Hospitality, Inc. $PRSU Acquired by Manatuck Hill Partners LLC

Manatuck Hill Partners LLC acquired a new stake in Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 141,400 shares of the company’s stock, valued at approximately $7,914,000. Pursuit Attractions and Hospitality comprises approximately 2.6% of Manatuck Hill Partners LLC’s investment portfolio, making the stock its 8th biggest position.

A number of other institutional investors have also recently made changes to their positions in PRSU. Legal & General Group Plc bought a new position in shares of Pursuit Attractions and Hospitality in the second quarter worth approximately $2,642,000. The Manufacturers Life Insurance Company bought a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at $311,000. Quantbot Technologies LP bought a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at $525,000. Alpine Woods Capital Investors LLC purchased a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at $307,000. Finally, BlackRock Inc. purchased a new stake in Pursuit Attractions and Hospitality during the 2nd quarter valued at $183,218,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Analysts Set New Price Targets

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

Pursuit Attractions and Hospitality Price Performance

PRSU stock opened at $49.12 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.61 and a quick ratio of 1.47. Pursuit Attractions and Hospitality, Inc. has a 1 year low of $32.03 and a 1 year high of $56.51. The firm has a 50-day moving average of $51.35 and a 200 day moving average of $44.03. The company has a market cap of $1.34 billion, a P/E ratio of 36.94, a PEG ratio of 1.82 and a beta of 1.37.

Pursuit Attractions and Hospitality (NYSE:PRSU) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.01. Pursuit Attractions and Hospitality had a return on equity of 5.93% and a net margin of 7.94%.The business had revenue of $133.49 million for the quarter. On average, sell-side analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.79 EPS for the current year.

About Pursuit Attractions and Hospitality

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.