New York State Common Retirement Fund Has $11.13 Million Holdings in United Parks & Resorts Inc. (NYSE:PRKS)

New York State Common Retirement Fund cut its stake in shares of United Parks & Resorts Inc. (NYSE:PRKS - Free Report) by 8.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 197,993 shares of the company's stock after selling 18,919 shares during the period. New York State Common Retirement Fund owned 0.36% of United Parks & Resorts worth $11,125,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Hill Path Capital LP acquired a new position in shares of United Parks & Resorts in the 3rd quarter valued at about $1,376,588,000. Simcoe Capital Management LLC purchased a new position in United Parks & Resorts in the third quarter valued at approximately $110,983,000. Goldentree Asset Management LP acquired a new position in United Parks & Resorts during the third quarter valued at approximately $71,882,000. River Road Asset Management LLC purchased a new stake in United Parks & Resorts during the 3rd quarter worth $66,841,000. Finally, HG Vora Capital Management LLC purchased a new position in shares of United Parks & Resorts in the third quarter valued at $65,780,000.

Insider Activity at United Parks & Resorts

In other United Parks & Resorts news, insider Christopher L. Finazzo sold 13,000 shares of the business's stock in a transaction on Friday, December 13th. The stock was sold at an average price of $55.62, for a total transaction of $723,060.00. Following the completion of the transaction, the insider now owns 132,439 shares in the company, valued at approximately $7,366,257.18. The trade was a 8.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.10% of the stock is currently owned by insiders.

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United Parks & Resorts Stock Performance

Shares of United Parks & Resorts stock traded up $0.88 on Friday, reaching $50.45. 1,228,795 shares of the company were exchanged, compared to its average volume of 926,967. United Parks & Resorts Inc. has a 1-year low of $44.72 and a 1-year high of $60.83. The company's 50-day moving average is $53.88 and its two-hundred day moving average is $53.31. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 12.64 and a beta of 1.99.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Guggenheim lifted their price target on shares of United Parks & Resorts from $70.00 to $72.00 and gave the stock a "buy" rating in a research note on Thursday. Truist Financial boosted their price target on United Parks & Resorts from $60.00 to $64.00 and gave the stock a "buy" rating in a research note on Friday, November 8th. Finally, Mizuho raised their price objective on United Parks & Resorts from $43.00 to $45.00 and gave the company an "underperform" rating in a research note on Thursday. One equities research 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 company currently has an average rating of "Moderate Buy" and a consensus price target of $63.00.

United Parks & Resorts 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.