26,812 Shares in United Parks & Resorts Inc. (NYSE:PRKS) Bought by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC bought a new stake in United Parks & Resorts Inc. (NYSE:PRKS - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 26,812 shares of the company's stock, valued at approximately $1,359,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of PRKS. Hexagon Capital Partners LLC bought a new stake in shares of United Parks & Resorts in the 3rd quarter valued at approximately $25,000. Exchange Traded Concepts LLC purchased a new stake in United Parks & Resorts during the 3rd quarter valued at $28,000. Blue Trust Inc. bought a new stake in United Parks & Resorts in the third quarter worth $30,000. Nisa Investment Advisors LLC purchased a new position in United Parks & Resorts during the third quarter worth $99,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of United Parks & Resorts in the third quarter valued at $115,000.

Insider Buying and Selling

In other news, insider Jayson Maxwell sold 545 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $49.44, for a total transaction of $26,944.80. Following the completion of the sale, the insider now owns 722 shares in the company, valued at approximately $35,695.68. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other United Parks & Resorts news, Director Yoshikazu Maruyama sold 12,984 shares of the company's stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $50.07, for a total transaction of $650,108.88. Following the transaction, the director now owns 41,766 shares in the company, valued at approximately $2,091,223.62. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jayson Maxwell sold 545 shares of United Parks & Resorts stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $49.44, for a total transaction of $26,944.80. Following the sale, the insider now owns 722 shares of the company's stock, valued at $35,695.68. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 37,366 shares of company stock worth $1,938,984 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

United Parks & Resorts Stock Performance

NYSE:PRKS traded up $0.25 during trading hours on Tuesday, reaching $54.90. The company's stock had a trading volume of 591,796 shares, compared to its average volume of 889,924. The company has a market capitalization of $3.18 billion, a P/E ratio of 14.33 and a beta of 2.01. The stock has a 50 day moving average price of $50.83 and a two-hundred day moving average price of $51.58. United Parks & Resorts Inc. has a 12 month low of $41.35 and a 12 month high of $60.36.

United Parks & Resorts (NYSE:PRKS - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported $1.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by ($0.08). The company had revenue of $497.60 million during the quarter, compared to analysts' expectations of $503.93 million. United Parks & Resorts had a net margin of 14.06% and a negative return on equity of 92.07%. United Parks & Resorts's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the firm earned $1.35 EPS. As a group, analysts predict that United Parks & Resorts Inc. will post 4.35 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PRKS. B. Riley reiterated a "buy" rating and set a $71.00 price target on shares of United Parks & Resorts in a report on Monday, October 7th. JPMorgan Chase & Co. reduced their price target on United Parks & Resorts from $57.00 to $56.00 and set a "neutral" rating on the stock in a report on Monday, September 16th. Deutsche Bank Aktiengesellschaft cut their price objective on United Parks & Resorts from $76.00 to $74.00 and set a "buy" rating on the stock in a research report on Thursday, August 8th. Citigroup lifted their target price on United Parks & Resorts from $50.00 to $55.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 18th. Finally, Stifel Nicolaus cut their price target on shares of United Parks & Resorts from $76.00 to $70.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $62.70.

About United Parks & Resorts

United Parks & Resorts Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. It operates and licenses SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; Abu Dhabi, United Arab Emirates; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.