Ellevest Inc. lessened its position in shares of SeaWorld Entertainment, Inc. (NYSE:SEAS – Get Rating) by 15.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 978 shares of the company’s stock after selling 179 shares during the quarter. Ellevest Inc.’s holdings in SeaWorld Entertainment were worth $45,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in SEAS. State of New Jersey Common Pension Fund D increased its holdings in shares of SeaWorld Entertainment by 6.4% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 44,157 shares of the company’s stock worth $2,010,000 after buying an additional 2,672 shares during the last quarter. Dupont Capital Management Corp increased its stake in SeaWorld Entertainment by 112.9% during the third quarter. Dupont Capital Management Corp now owns 26,864 shares of the company’s stock worth $1,223,000 after acquiring an additional 14,244 shares during the last quarter. Nomura Holdings Inc. raised its position in SeaWorld Entertainment by 1.1% during the second quarter. Nomura Holdings Inc. now owns 4,592,751 shares of the company’s stock valued at $211,689,000 after purchasing an additional 50,000 shares during the period. Renaissance Technologies LLC lifted its stake in shares of SeaWorld Entertainment by 22.3% in the 2nd quarter. Renaissance Technologies LLC now owns 555,900 shares of the company’s stock valued at $24,560,000 after purchasing an additional 101,300 shares during the last quarter. Finally, Deroy & Devereaux Private Investment Counsel Inc. lifted its stake in shares of SeaWorld Entertainment by 36.1% in the 2nd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 385,127 shares of the company’s stock valued at $17,015,000 after purchasing an additional 102,235 shares during the last quarter.
Analyst Ratings Changes
Several research firms recently weighed in on SEAS. StockNews.com lowered SeaWorld Entertainment from a “buy” rating to a “hold” rating in a report on Thursday, November 10th. Truist Financial lowered their target price on shares of SeaWorld Entertainment from $70.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday, October 5th. Deutsche Bank Aktiengesellschaft cut their price target on shares of SeaWorld Entertainment from $77.00 to $76.00 in a report on Wednesday, November 2nd. B. Riley decreased their price objective on shares of SeaWorld Entertainment from $79.00 to $75.00 in a research note on Thursday, November 10th. Finally, Citigroup upped their target price on SeaWorld Entertainment from $59.00 to $60.00 and gave the company a “neutral” rating in a research note on Monday, January 9th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $70.00.
SeaWorld Entertainment Stock Performance
SeaWorld Entertainment (NYSE:SEAS – Get Rating) last released its quarterly earnings data on Wednesday, November 9th. The company reported $1.99 EPS for the quarter, missing the consensus estimate of $2.19 by ($0.20). SeaWorld Entertainment had a negative return on equity of 124.48% and a net margin of 18.33%. The firm had revenue of $565.21 million for the quarter, compared to analysts’ expectations of $578.63 million. Equities research analysts predict that SeaWorld Entertainment, Inc. will post 4.12 EPS for the current fiscal year.
SeaWorld Entertainment Profile
SeaWorld Entertainment, Inc is a holding company, which engages in the ownership and operation of theme parks. It operates through the following brands: SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.
- Get a free copy of the StockNews.com research report on SeaWorld Entertainment (SEAS)
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