Thrivent Financial for Lutherans Buys New Shares in United Parks & Resorts Inc. $PRKS

Thrivent Financial for Lutherans purchased a new position in shares of United Parks & Resorts Inc. (NYSE:PRKS) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 20,333 shares of the company’s stock, valued at approximately $1,051,000.

A number of other hedge funds also recently made changes to their positions in the stock. Voss Capital LP increased its holdings in shares of United Parks & Resorts by 3.7% during the 2nd quarter. Voss Capital LP now owns 1,965,000 shares of the company’s stock worth $92,650,000 after buying an additional 69,576 shares during the last quarter. River Road Asset Management LLC increased its stake in United Parks & Resorts by 3.0% during the second quarter. River Road Asset Management LLC now owns 1,870,138 shares of the company’s stock worth $88,514,000 after acquiring an additional 54,186 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of United Parks & Resorts by 58.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 678,813 shares of the company’s stock worth $30,859,000 after purchasing an additional 251,522 shares during the period. Raymond James Financial Inc. raised its holdings in shares of United Parks & Resorts by 3.1% in the 2nd quarter. Raymond James Financial Inc. now owns 562,286 shares of the company’s stock worth $26,512,000 after purchasing an additional 16,648 shares during the period. Finally, Engine Capital Management LP lifted its stake in shares of United Parks & Resorts by 19.1% in the 2nd quarter. Engine Capital Management LP now owns 436,397 shares of the company’s stock valued at $20,576,000 after purchasing an additional 70,000 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PRKS. Zacks Research upgraded shares of United Parks & Resorts from a “strong sell” rating to a “hold” rating in a report on Thursday, January 1st. Citigroup cut their target price on shares of United Parks & Resorts from $40.00 to $39.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of United Parks & Resorts in a research report on Monday, December 29th. Truist Financial cut their price objective on United Parks & Resorts from $61.00 to $47.00 and set a “buy” rating on the stock in a research report on Thursday, December 4th. Finally, JPMorgan Chase & Co. decreased their target price on United Parks & Resorts from $60.00 to $52.00 and set a “neutral” rating for the company in a research report on Wednesday, November 12th. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $49.36.

United Parks & Resorts Price Performance

Shares of PRKS stock opened at $33.94 on Friday. The company’s fifty day moving average price is $36.48 and its two-hundred day moving average price is $43.42. The firm has a market capitalization of $1.85 billion, a P/E ratio of 10.38, a P/E/G ratio of 2.26 and a beta of 1.27. United Parks & Resorts Inc. has a 12 month low of $29.62 and a 12 month high of $58.51.

Insider Activity at United Parks & Resorts

In related news, insider Christopher L. Finazzo sold 7,200 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $35.12, for a total value of $252,864.00. Following the completion of the transaction, the insider owned 138,285 shares of the company’s stock, valued at approximately $4,856,569.20. This represents a 4.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.20% of the company’s stock.

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.