2 weeks Ago By Defense World Staff
Envestnet Asset Management Inc. grew its position in United Parks & Resorts Inc. (NYSE:PRKS – Free Report) by 0.
5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,963 shares of the company’s stock after purchasing an additional 258 shares during the period. Envestnet Asset Management Inc.
owned about 0.10% of United Parks & Resorts worth $2,976,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors also recently made changes to their positions in the company.
Barrow Hanley Mewhinney & Strauss LLC increased its position in United Parks & Resorts by 15.2% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,548,403 shares of the company’s stock worth $255,575,000 after buying an additional 599,043 shares during the last quarter.
River Road Asset Management LLC boosted its stake in shares of United Parks & Resorts by 34.1% during the 4th quarter. River Road Asset Management LLC now owns 1,771,636 shares of the company’s stock worth $99,548,000 after acquiring an additional 450,670 shares in the last quarter.
Arrowstreet Capital Limited Partnership increased its holdings in shares of United Parks & Resorts by 1.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,452,380 shares of the company’s stock valued at $81,609,000 after acquiring an additional 19,012 shares during the last quarter.
Deroy & Devereaux Private Investment Counsel Inc. raised its stake in shares of United Parks & Resorts by 0.9% in the 4th quarter.
Deroy & Devereaux Private Investment Counsel Inc. now owns 555,309 shares of the company’s stock valued at $31,203,000 after acquiring an additional 4,919 shares in the last quarter. Finally, Raymond James Financial Inc.
acquired a new stake in United Parks & Resorts in the 4th quarter worth approximately $30,292,000. Insiders Place Their BetsIn other United Parks & Resorts news, insider Byron Surrett sold 7,008 shares of United Parks & Resorts stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $48.
90, for a total transaction of $342,691.20. Following the sale, the insider now directly owns 11,050 shares of the company’s stock, valued at approximately $540,345.
The trade was a 38.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Corporate insiders own 1.10% of the company’s stock. United Parks & Resorts Trading Up 0.
8 %PRKS opened at $44.02 on Friday. The stock’s 50 day simple moving average is $46.
87 and its 200-day simple moving average is $52.03. The stock has a market cap of $2.
42 billion, a PE ratio of 11.03 and a beta of 1.61.
United Parks & Resorts Inc. has a 1 year low of $37.68 and a 1 year high of $60.
83. Analyst Ratings ChangesSeveral equities analysts have commented on PRKS shares. Mizuho increased their price target on United Parks & Resorts from $43.
00 to $45.00 and gave the company an “underperform” rating in a report on Thursday, February 27th. Truist Financial lowered their target price on shares of United Parks & Resorts from $62.
00 to $52.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Stifel Nicolaus cut their target price on shares of United Parks & Resorts from $74.
00 to $60.00 and set a “buy” rating for the company in a research report on Friday, April 11th. UBS Group initiated coverage on United Parks & Resorts in a research report on Wednesday, April 9th.
They issued a “neutral” rating and a $49.00 price target on the stock. Finally, Barclays assumed coverage on United Parks & Resorts in a research report on Friday, March 14th.
They set an “equal weight” rating and a $50.00 price objective for the company. One analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the stock.
According to data from MarketBeat.com, United Parks & Resorts has a consensus rating of “Hold” and an average target price of $58.50.
Read Our Latest Report on PRKSAbout United Parks & Resorts (Free Report)United Parks & Resorts, Inc is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.
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