Cibc World Markets Corp grew its position in shares of United Parks & Resorts Inc. (NYSE:PRKS – Free Report) by 0.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 503,057 shares of the company’s stock after buying an additional 3,057 shares during the quarter. Cibc World Markets Corp’s holdings in United Parks & Resorts were worth $28,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently added to or reduced their stakes in the company. River Road Asset Management LLC increased its position in United Parks & Resorts by 34.1% during the 4th quarter. River Road Asset Management LLC now owns 1,771,636 shares of the company’s stock worth $99,548,000 after buying an additional 450,670 shares during the period. PNC Financial Services Group Inc. increased its position in United Parks & Resorts by 31.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,418 shares of the company’s stock worth $361,000 after buying an additional 1,554 shares during the period. Edgestream Partners L.P. acquired a new stake in shares of United Parks & Resorts during the 4th quarter worth $1,142,000. Raymond James Financial Inc. acquired a new stake in shares of United Parks & Resorts during the 4th quarter worth $30,292,000. Finally, Aigen Investment Management LP acquired a new stake in shares of United Parks & Resorts during the 4th quarter worth $268,000.
Insider Activity
In other news, insider Byron Surrett sold 7,008 shares of United Parks & Resorts stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $48.90, for a total transaction of $342,691.20. Following the sale, the insider now directly owns 11,050 shares of the company’s stock, valued at approximately $540,345. This trade represents a 38.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.10% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on PRKS
United Parks & Resorts Trading Up 4.5 %
Shares of PRKS stock opened at $47.71 on Monday. The business’s 50-day moving average price is $52.35 and its 200-day moving average price is $53.39. United Parks & Resorts Inc. has a 12 month low of $44.72 and a 12 month high of $60.83. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 11.96 and a beta of 1.96.
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.
Read More
- Five stocks we like better than United Parks & Resorts
- The 3 Best Retail Stocks to Shop for in August
- How to Build the Ultimate Everything ETF Portfolio
- Market Cap Calculator: How to Calculate Market Cap
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- How to Calculate Return on Investment (ROI)
- 3 Stocks With High ROE and Market-Beating Growth Potential
Want to see what other hedge funds are holding PRKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parks & Resorts Inc. (NYSE:PRKS – Free Report).
Receive News & Ratings for United Parks & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parks & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.