GFG Capital LLC bought a new position in shares of United Parks & Resorts Inc. (NYSE:PRKS - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,354 shares of the company's stock, valued at approximately $301,000.
Several other large investors have also recently modified their holdings of the business. Hill Path Capital LP bought a new position in United Parks & Resorts in the 3rd quarter worth approximately $1,376,588,000. Simcoe Capital Management LLC purchased a new position in shares of United Parks & Resorts in the third quarter valued at $110,983,000. Goldentree Asset Management LP bought a new stake in shares of United Parks & Resorts during the 3rd quarter valued at $71,882,000. River Road Asset Management LLC bought a new stake in shares of United Parks & Resorts during the 3rd quarter valued at $66,841,000. Finally, HG Vora Capital Management LLC purchased a new stake in United Parks & Resorts during the 3rd quarter worth about $65,780,000.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on PRKS. Mizuho reiterated an "underperform" rating and set a $43.00 price target (down from $45.00) on shares of United Parks & Resorts in a research report on Friday, November 8th. Guggenheim decreased their target price on shares of United Parks & Resorts from $72.00 to $70.00 and set a "buy" rating on the stock in a report on Tuesday, November 12th. Finally, Truist Financial raised their price target on shares of United Parks & Resorts from $60.00 to $64.00 and gave the company a "buy" rating in a report on Friday, November 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, United Parks & Resorts has an average rating of "Moderate Buy" and an average target price of $62.60.
Check Out Our Latest Stock Report on PRKS
Insider Buying and Selling
In related news, insider Christopher L. Finazzo sold 13,000 shares of the business's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $55.62, for a total value of $723,060.00. Following the completion of the sale, the insider now owns 132,439 shares in the company, valued at $7,366,257.18. The trade was a 8.94 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.10% of the stock is owned by company insiders.
United Parks & Resorts Trading Up 2.3 %
Shares of NYSE:PRKS traded up $1.19 during trading on Tuesday, reaching $53.77. The company had a trading volume of 1,343,772 shares, compared to its average volume of 819,815. United Parks & Resorts Inc. has a 12 month low of $44.72 and a 12 month high of $60.83. The stock has a market capitalization of $2.96 billion, a P/E ratio of 13.48 and a beta of 1.99. The company has a fifty day moving average of $54.32 and a two-hundred day moving average of $53.03.
United Parks & Resorts Profile
(
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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