United Parks & Resorts (NYSE:PRKS) Price Target Raised to $45.00

United Parks & Resorts (NYSE:PRKS) had its price objective raised by Mizuho from $43.00 to $45.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has an underperform rating on the stock.

PRKS has been the topic of several other research reports. Guggenheim cut their price target on shares of United Parks & Resorts from $72.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, November 12th. Truist Financial raised their price target on shares of United Parks & Resorts from $60.00 to $64.00 and gave the company a “buy” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, United Parks & Resorts has a consensus rating of “Moderate Buy” and a consensus target price of $63.00.

United Parks & Resorts Stock Performance

NYSE PRKS opened at $50.45 on Thursday. United Parks & Resorts has a one year low of $44.72 and a one year high of $60.83. The company’s 50 day moving average price is $53.81 and its 200 day moving average price is $53.33. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of 12.64 and a beta of 1.99.

Insider Buying and Selling 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 completion of the sale, the insider now owns 132,439 shares of the company’s stock, valued at approximately $7,366,257.18. This trade represents a 8.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.10% of the stock is owned by corporate insiders.

Institutional Trading of United Parks & Resorts

A number of hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its position in shares of United Parks & Resorts by 0.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 52,963 shares of the company’s stock worth $2,976,000 after buying an additional 258 shares in the last quarter. LPL Financial LLC grew its position in shares of United Parks & Resorts by 7.0% during the fourth quarter. LPL Financial LLC now owns 5,316 shares of the company’s stock worth $299,000 after buying an additional 350 shares in the last quarter. Blue Trust Inc. acquired a new stake in shares of United Parks & Resorts during the third quarter worth approximately $30,000. Public Employees Retirement System of Ohio acquired a new stake in shares of United Parks & Resorts during the third quarter worth approximately $32,000. Finally, KBC Group NV grew its position in shares of United Parks & Resorts by 60.2% during the fourth quarter. KBC Group NV now owns 1,698 shares of the company’s stock worth $95,000 after buying an additional 638 shares in the last quarter.

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.