Barrow Hanley Mewhinney & Strauss LLC Has $255.58 Million Stake in United Parks & Resorts Inc. (NYSE:PRKS)

Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in United Parks & Resorts Inc. (NYSE:PRKS - Free Report) by 15.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,548,403 shares of the company's stock after purchasing an additional 599,043 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 8.27% of United Parks & Resorts worth $255,575,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of PRKS. Hill Path Capital LP acquired a new position in United Parks & Resorts in the third quarter valued at approximately $1,376,588,000. Simcoe Capital Management LLC bought a new stake in shares of United Parks & Resorts in the 3rd quarter worth approximately $110,983,000. HG Vora Capital Management LLC acquired a new position in United Parks & Resorts during the 3rd quarter valued at approximately $65,780,000. State Street Corp bought a new position in United Parks & Resorts during the 3rd quarter worth $42,787,000. Finally, Geode Capital Management LLC acquired a new stake in United Parks & Resorts in the third quarter worth $37,472,000.

Analyst Ratings Changes

PRKS has been the subject of a number of analyst reports. Guggenheim boosted their target price on shares of United Parks & Resorts from $70.00 to $72.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. Barclays initiated coverage on shares of 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. Truist Financial reduced their target price on shares of United Parks & Resorts from $64.00 to $62.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. Mizuho upped 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. Finally, Macquarie decreased their price target on United Parks & Resorts from $70.00 to $65.00 and set an "outperform" rating for the company in a research report on Thursday, March 6th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, United Parks & Resorts currently has a consensus rating of "Hold" and an average price target of $61.18.

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Insider Buying and Selling at United Parks & Resorts

In other United Parks & Resorts news, insider Byron Surrett sold 7,008 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $48.90, for a total value of $342,691.20. Following the completion of the sale, the insider now directly owns 11,050 shares of the company's stock, valued at $540,345. The trade was a 38.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.10% of the company's stock.

United Parks & Resorts Stock Down 9.9 %

Shares of United Parks & Resorts stock traded down $4.73 on Thursday, hitting $43.28. 414,604 shares of the company traded hands, compared to its average volume of 896,604. United Parks & Resorts Inc. has a 12-month low of $42.96 and a 12-month high of $60.83. The company has a market cap of $2.38 billion, a PE ratio of 10.85 and a beta of 1.96. The company has a 50-day moving average price of $50.60 and a 200 day moving average price of $53.13.

United Parks & Resorts Company Profile

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.