WINTON GROUP Ltd Sells 61,302 Shares of United Parks & Resorts Inc. $PRKS

WINTON GROUP Ltd lessened its position in United Parks & Resorts Inc. (NYSE:PRKS) by 48.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,758 shares of the company’s stock after selling 61,302 shares during the quarter. WINTON GROUP Ltd owned 0.12% of United Parks & Resorts worth $2,387,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PRKS. AQR Capital Management LLC boosted its position in United Parks & Resorts by 11.7% during the first quarter. AQR Capital Management LLC now owns 12,220 shares of the company’s stock valued at $556,000 after buying an additional 1,282 shares during the period. Goldman Sachs Group Inc. boosted its position in United Parks & Resorts by 58.9% during the first quarter. Goldman Sachs Group Inc. now owns 678,813 shares of the company’s stock valued at $30,859,000 after buying an additional 251,522 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in United Parks & Resorts by 3.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 102,317 shares of the company’s stock valued at $4,651,000 after buying an additional 3,047 shares during the period. Prudential Financial Inc. purchased a new stake in United Parks & Resorts during the second quarter valued at about $208,000. Finally, Invesco Ltd. boosted its position in United Parks & Resorts by 5.8% during the second quarter. Invesco Ltd. now owns 77,357 shares of the company’s stock valued at $3,647,000 after buying an additional 4,209 shares during the period.

United Parks & Resorts Trading Down 0.0%

United Parks & Resorts stock opened at $40.75 on Monday. The firm has a 50-day moving average of $35.95 and a 200-day moving average of $35.49. The firm has a market cap of $1.92 billion, a P/E ratio of 15.38, a P/E/G ratio of 3.21 and a beta of 1.17. United Parks & Resorts Inc. has a 1-year low of $28.77 and a 1-year high of $56.95.

United Parks & Resorts (NYSE:PRKS) last posted its earnings results on Monday, May 11th. The company reported ($0.69) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.33). The firm had revenue of $278.29 million for the quarter, compared to analysts’ expectations of $279.92 million. United Parks & Resorts had a negative return on equity of 35.46% and a net margin of 9.09%.The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.29) earnings per share. Research analysts forecast that United Parks & Resorts Inc. will post 3.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Stifel Nicolaus restated a “hold” rating and set a $40.00 price target (down from $43.00) on shares of United Parks & Resorts in a research report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft cut their price target on shares of United Parks & Resorts from $63.00 to $54.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Guggenheim cut their price target on shares of United Parks & Resorts from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Mizuho upgraded shares of United Parks & Resorts from an “underperform” rating to an “outperform” rating and upped their price target for the company from $27.00 to $47.00 in a research report on Friday, May 8th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of United Parks & Resorts in a research report on Friday, March 27th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $47.20.

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.