12,000 Shares in United Parks & Resorts Inc. (NYSE:PRKS) Purchased by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC acquired a new stake in shares of United Parks & Resorts Inc. (NYSE:PRKS) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 12,000 shares of the company’s stock, valued at approximately $607,000.

Several other large investors have also modified their holdings of PRKS. SG Americas Securities LLC acquired a new position in United Parks & Resorts during the third quarter worth approximately $739,000. Handelsbanken Fonder AB purchased a new stake in shares of United Parks & Resorts during the 3rd quarter valued at $390,000. Hexagon Capital Partners LLC acquired a new stake in shares of United Parks & Resorts during the 3rd quarter worth $25,000. Perpetual Ltd purchased a new position in shares of United Parks & Resorts in the 3rd quarter worth $16,862,000. Finally, Inspire Investing LLC acquired a new position in United Parks & Resorts in the third quarter valued at $411,000.

United Parks & Resorts Stock Performance

NYSE:PRKS opened at $56.81 on Friday. United Parks & Resorts Inc. has a one year low of $44.72 and a one year high of $60.36. The business’s 50-day simple moving average is $52.91 and its 200 day simple moving average is $52.12. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 14.24 and a beta of 2.00.

United Parks & Resorts (NYSE:PRKS) last announced its earnings results on Thursday, November 7th. The company reported $2.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.15). United Parks & Resorts had a net margin of 13.85% and a negative return on equity of 76.13%. The business had revenue of $545.90 million during the quarter, compared to analyst estimates of $550.47 million. During the same period in the previous year, the company earned $1.92 earnings per share. The business’s revenue for the quarter was down .4% on a year-over-year basis. On average, equities research analysts predict that United Parks & Resorts Inc. will post 3.97 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. B. Riley restated a “buy” rating and issued a $71.00 price objective on shares of United Parks & Resorts in a report on Monday, October 7th. The Goldman Sachs Group cut shares of United Parks & Resorts from a “buy” rating to a “neutral” rating and reduced their price target for the company from $63.00 to $53.00 in a research report on Thursday, August 8th. Mizuho reissued an “underperform” rating and issued a $43.00 price objective (down previously from $45.00) on shares of United Parks & Resorts in a research report on Friday, November 8th. Guggenheim reduced their target price 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. Finally, Citigroup raised their price objective on United Parks & Resorts from $50.00 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, September 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $62.60.

Insider Buying and Selling at United Parks & Resorts

In other United Parks & Resorts news, insider George Anthony Taylor sold 23,837 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $52.94, for a total transaction of $1,261,930.78. Following the sale, the insider now directly owns 85,463 shares of the company’s stock, valued at approximately $4,524,411.22. This represents a 21.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jayson Maxwell sold 545 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $49.44, for a total transaction of $26,944.80. Following the completion of the transaction, the insider now owns 722 shares in the company, valued at approximately $35,695.68. The trade was a 43.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 37,366 shares of company stock worth $1,938,984 in the last ninety days. 1.10% of the stock is owned by insiders.

About United Parks & Resorts

United Parks & Resorts Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. It operates and licenses SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; Abu Dhabi, United Arab Emirates; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.