SunTrust Banks, Inc. reiterated their buy rating on shares of SeaWorld Entertainment, Inc. Finally, ValuEngine downgraded SeaWorld Entertainment from a "buy" rating to a "hold" rating in a research report on Friday, September 1st. SunTrust Banks, Inc. now has a $16.00 price target on the stock.
SEAS has been the topic of several analyst reports. Zacks Investment Research raised shares of SeaWorld Entertainment from a "hold" rating to a "buy" rating and set a $14.00 price objective on the stock in a research note on Wednesday, October 18th. The stock's average target of $14.96 is 23.13% above today's ($12.15) share price. The stock of SeaWorld Entertainment Inc (NYSE:SEAS) has "Outperform" rating given on Friday, August 5 by FBR Capital. Wedbush maintained the shares of SEAS in report on Monday, June 27 with "Neutral" rating. The stock of SeaWorld Entertainment Inc (NYSE:SEAS) earned "Neutral" rating by Goldman Sachs on Friday, November 6.
September 15 investment analysts at Citigroup left the stock rating at "Neutral" projecting a price of $14.00. Of those analysts, 4 rate stock as a Strong Buy, 6 rate it as Hold, and just 1 analyst rates it as a Moderate Sell. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company's stock. The insider now holds 13.59 million shares of SeaWorld Entertainment, Inc. The company has a current ratio of 0.57, a quick ratio of 0.45 and a debt-to-equity ratio of 5.04.
The most recent non open market insider trade was completed by HILL PATH CAPITAL PARTNERS LP on 11/06/2017, and was a acquisition of 10,723 shares with a final price of $0. SeaWorld Entertainment has a twelve month low of $10.79 and a twelve month high of $20.13.
According to SeaWorld Entertainment, Inc.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 94.54%. The company reported $0.64 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.78 by ($0.14). The company had revenue of $437.70 million for the quarter, compared to analysts' expectations of $453.58 million. SeaWorld Entertainment had a negative net margin of 15.32% and a positive return on equity of 22.94%. In the past year there have been a total of 130 insider trades, including 96 open market buys and 34 sells.
Among 16 analysts covering SeaWorld Entertainment Inc (NYSE:SEAS), 6 have Buy rating, 2 Sell and 8 Hold.
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In other news, major shareholder Hill Path Capital Partners Lp acquired 44,600 shares of the firm's stock in a transaction dated Tuesday, August 15th.
There are 164 institutional holders with active positions, accounting for 85.5 million shares in total. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Hill Path Capital Partners Co- bought 320,627 shares of the firm's stock in a transaction on Monday, August 21st. The disclosure for this purchase can be found here. American International Group Inc now owns 45,896 shares valued at $596,000.
The stock decreased 3.42% or $0.43 on November 10, reaching $12.15.
A number of other hedge funds have also recently bought and sold shares of the stock. Alpha Windward LLC bought a new stake in SeaWorld Entertainment in the second quarter valued at about $403,000. Finally, New Jersey Better Educational Savings Trust increased its stake in SeaWorld Entertainment by 70.0% in the second quarter. As of the end of the quarter Wells Fargo & Company/mn had bought 15,224 shares growing its position 2,798.5%.
Vanguard Group Inc. grew its stake in shares of SeaWorld Entertainment, Inc.
Olstein Capital Management, L.p. bought 231,060 shares during the last quarter increasing its holdings in Seaworld Entertainment Inc.