Thompson Siegel & Walmsley LLC Takes $607,000 Position in United Parks & Resorts Inc. (NYSE:PRKS)

Thompson Siegel & Walmsley LLC acquired a new stake in United Parks & Resorts Inc. (NYSE:PRKS - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,000 shares of the company's stock, valued at approximately $607,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hexagon Capital Partners LLC purchased a new position in shares of United Parks & Resorts during the third quarter worth $25,000. Exchange Traded Concepts LLC acquired a new stake in United Parks & Resorts during the 3rd quarter worth about $28,000. Blue Trust Inc. purchased a new position in shares of United Parks & Resorts during the 3rd quarter valued at about $30,000. KBC Group NV acquired a new position in shares of United Parks & Resorts in the 3rd quarter valued at about $54,000. Finally, Amalgamated Bank purchased a new stake in United Parks & Resorts in the 3rd quarter worth approximately $65,000.

Analysts Set New Price Targets

A number of research analysts have weighed in on PRKS shares. Stifel Nicolaus decreased their price objective on shares of United Parks & Resorts from $76.00 to $70.00 and set a "buy" rating for the company in a research report on Thursday, August 8th. Truist Financial boosted their target price on shares of United Parks & Resorts from $60.00 to $64.00 and gave the stock a "buy" rating in a research note on Friday, November 8th. B. Riley reiterated a "buy" rating and set a $71.00 price objective on shares of United Parks & Resorts in a research note on Monday, October 7th. Guggenheim decreased their target price on United Parks & Resorts from $72.00 to $70.00 and set a "buy" rating on the stock in a research report on Tuesday, November 12th. Finally, 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $62.60.

United Parks & Resorts Trading Down 0.1 %

United Parks & Resorts stock traded down $0.03 during midday trading on Friday, hitting $56.81. 583,377 shares of the stock were exchanged, compared to its average volume of 902,580. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 14.24 and a beta of 2.00. The stock's 50-day simple moving average is $53.02 and its 200 day simple moving average is $52.17. United Parks & Resorts Inc. has a fifty-two week low of $44.72 and a fifty-two week high of $60.36.

United Parks & Resorts (NYSE:PRKS - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported $2.08 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.15). The firm had revenue of $545.90 million for the quarter, compared to analysts' expectations of $550.47 million. United Parks & Resorts had a net margin of 13.85% and a negative return on equity of 76.13%. The firm's quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.92 EPS. Equities analysts anticipate that United Parks & Resorts Inc. will post 3.97 EPS for the current fiscal year.

Insider Activity

In other United Parks & Resorts news, Director Yoshikazu Maruyama sold 12,984 shares of the business's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $50.07, for a total value of $650,108.88. Following the sale, the director now owns 41,766 shares of the company's stock, valued at $2,091,223.62. The trade was a 23.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jayson Maxwell sold 545 shares of the firm's stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $49.44, for a total value of $26,944.80. Following the transaction, the insider now owns 722 shares of the company's stock, valued at approximately $35,695.68. This represents a 43.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 37,366 shares of company stock valued at $1,938,984 in the last quarter. Insiders own 1.10% of the company's stock.

United Parks & Resorts Profile

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.