United Parks & Resorts (NYSE:PRKS) Given New $45.00 Price Target at Mizuho

United Parks & Resorts (NYSE:PRKS) had its target price upped by Mizuho from $43.00 to $45.00 in a research note issued to investors on Thursday,Benzinga reports. Mizuho currently has an underperform rating on the stock.

PRKS has been the subject of a number of other research reports. Truist Financial increased their price objective on United Parks & Resorts from $60.00 to $64.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Guggenheim reduced their target price on United Parks & Resorts from $72.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.00.

United Parks & Resorts Stock Performance

Shares of NYSE PRKS opened at $49.48 on Thursday. United Parks & Resorts has a 1 year low of $44.72 and a 1 year high of $60.83. The stock has a fifty day moving average price of $53.97 and a two-hundred day moving average price of $53.34. The firm has a market cap of $2.72 billion, a P/E ratio of 12.40 and a beta of 1.99.

Insider Activity at United Parks & Resorts

In related news, insider Christopher L. Finazzo sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $55.62, for a total transaction of $723,060.00. Following the completion of the sale, the insider now directly owns 132,439 shares of the company’s stock, valued at $7,366,257.18. The trade was a 8.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in United Parks & Resorts during the 3rd quarter worth $30,000. Raymond James & Associates bought a new stake in shares of United Parks & Resorts in the third quarter worth about $4,487,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of United Parks & Resorts during the third quarter worth about $115,000. Nisa Investment Advisors LLC bought a new position in shares of United Parks & Resorts during the 3rd quarter valued at about $99,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. acquired a new position in shares of United Parks & Resorts in the 3rd quarter valued at approximately $27,850,000.

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.