SeaWorld Entertainment (NYSE:SEAS – Get Rating) had its price target lifted by Citigroup from $59.00 to $60.00 in a report released on Monday, The Fly reports. Citigroup currently has a neutral rating on the stock.
SEAS has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft lowered their target price on SeaWorld Entertainment from $77.00 to $76.00 in a report on Wednesday, November 2nd. StockNews.com downgraded SeaWorld Entertainment from a buy rating to a hold rating in a report on Thursday, November 10th. Credit Suisse Group lowered their target price on SeaWorld Entertainment from $85.00 to $84.00 and set an outperform rating for the company in a report on Thursday, November 10th. Truist Financial lowered their target price on SeaWorld Entertainment from $70.00 to $60.00 and set a buy rating for the company in a report on Wednesday, October 5th. Finally, B. Riley reduced their price objective on SeaWorld Entertainment from $79.00 to $75.00 in a research note on Thursday, November 10th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, SeaWorld Entertainment currently has a consensus rating of Moderate Buy and an average price target of $70.00.
SeaWorld Entertainment Price Performance
Shares of SEAS opened at $57.96 on Monday. SeaWorld Entertainment has a 1 year low of $40.01 and a 1 year high of $76.57. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 13.14 and a beta of 2.00. The business has a 50-day moving average of $54.87 and a 200-day moving average of $51.64.
Insider Buying and Selling at SeaWorld Entertainment
In related news, CEO Marc Swanson sold 4,000 shares of SeaWorld Entertainment stock in a transaction that occurred on Thursday, October 13th. The stock was sold at an average price of $48.75, for a total transaction of $195,000.00. Following the transaction, the chief executive officer now owns 162,129 shares of the company’s stock, valued at $7,903,788.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.00% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Signaturefd LLC boosted its position in shares of SeaWorld Entertainment by 207.7% during the third quarter. Signaturefd LLC now owns 563 shares of the company’s stock valued at $26,000 after buying an additional 380 shares during the last quarter. First Personal Financial Services purchased a new position in shares of SeaWorld Entertainment during the third quarter valued at approximately $35,000. Ellevest Inc. boosted its position in shares of SeaWorld Entertainment by 293.5% during the second quarter. Ellevest Inc. now owns 1,157 shares of the company’s stock valued at $51,000 after buying an additional 863 shares during the last quarter. Lazard Asset Management LLC boosted its position in SeaWorld Entertainment by 133.5% in the second quarter. Lazard Asset Management LLC now owns 1,240 shares of the company’s stock worth $54,000 after purchasing an additional 709 shares during the last quarter. Finally, US Bancorp DE boosted its position in SeaWorld Entertainment by 83.3% in the second quarter. US Bancorp DE now owns 1,547 shares of the company’s stock worth $69,000 after purchasing an additional 703 shares during the last quarter.
About SeaWorld Entertainment
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.
- Get a free copy of the StockNews.com research report on SeaWorld Entertainment (SEAS)
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