United Parks & Resorts Inc. (NYSE:PRKS) Shares Bought by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc lifted its holdings in United Parks & Resorts Inc. (NYSE:PRKS) by 33.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,000 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. K.J. Harrison & Partners Inc owned 0.07% of United Parks & Resorts worth $2,302,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. bought a new position in United Parks & Resorts during the 3rd quarter valued at $30,000. Public Employees Retirement System of Ohio acquired a new stake in shares of United Parks & Resorts in the third quarter valued at $32,000. KBC Group NV bought a new position in United Parks & Resorts during the third quarter valued at about $54,000. Amalgamated Bank acquired a new position in United Parks & Resorts during the third quarter worth about $65,000. Finally, R Squared Ltd bought a new stake in United Parks & Resorts in the fourth quarter worth about $72,000.

Insider Activity

In other news, insider Christopher L. Finazzo sold 13,000 shares of United Parks & Resorts stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $55.62, for a total transaction of $723,060.00. Following the sale, the insider now directly 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 Securities & Exchange Commission, which is accessible through the SEC website. 1.10% of the stock is owned by company insiders.

United Parks & Resorts Stock Performance

Shares of PRKS stock opened at $52.86 on Thursday. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 13.25 and a beta of 1.99. United Parks & Resorts Inc. has a twelve month low of $44.72 and a twelve month high of $60.83. The stock’s 50 day simple moving average is $54.02 and its 200 day simple moving average is $53.34.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. 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. Mizuho reaffirmed an “underperform” rating and issued a $43.00 target price (down previously from $45.00) on shares of United Parks & Resorts in a research report on Friday, November 8th. Finally, Truist Financial lifted their price target on United Parks & Resorts from $60.00 to $64.00 and gave the company a “buy” rating in a report on Friday, November 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, United Parks & Resorts presently has an average rating of “Moderate Buy” and an average target price of $62.60.

About United Parks & Resorts

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.