K.J. Harrison & Partners Inc increased its position in shares of United Parks & Resorts Inc. (NYSE:PRKS - Free Report) by 33.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,000 shares of the company's stock after buying an additional 10,000 shares during the period. K.J. Harrison & Partners Inc owned about 0.07% of United Parks & Resorts worth $2,302,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Blue Trust Inc. purchased a new stake in shares of United Parks & Resorts during the third quarter worth approximately $30,000. Public Employees Retirement System of Ohio purchased a new stake in shares of United Parks & Resorts during the third quarter worth approximately $32,000. KBC Group NV purchased a new stake in shares of United Parks & Resorts during the third quarter worth approximately $54,000. Amalgamated Bank purchased a new stake in shares of United Parks & Resorts during the third quarter worth approximately $65,000. Finally, R Squared Ltd purchased a new stake in shares of United Parks & Resorts during the fourth quarter worth approximately $72,000.
United Parks & Resorts Price Performance
Shares of PRKS traded up $0.88 during mid-day trading on Friday, reaching $50.45. 1,228,795 shares of the company's stock were exchanged, compared to its average volume of 927,097. The stock has a market capitalization of $2.77 billion, a PE ratio of 12.64 and a beta of 1.99. The business's fifty day simple moving average is $53.81 and its 200-day simple moving average is $53.37. United Parks & Resorts Inc. has a 52-week low of $44.72 and a 52-week high of $60.83.
Insider Transactions at United Parks & Resorts
In other news, insider Christopher L. Finazzo sold 13,000 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $55.62, for a total transaction of $723,060.00. Following the transaction, the insider now directly owns 132,439 shares in the company, valued at approximately $7,366,257.18. This trade represents a 8.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.10% of the company's stock.
Analyst Ratings Changes
Several equities analysts have commented on PRKS shares. Truist Financial increased their price target on shares of United Parks & Resorts from $60.00 to $64.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Mizuho increased their price target on shares of United Parks & Resorts from $43.00 to $45.00 and gave the company an "underperform" rating in a research note on Thursday. Finally, Guggenheim increased their price target 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. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $63.00.
Check Out Our Latest Stock Analysis on PRKS
About 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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