Nuveen Asset Management LLC Has $10.87 Million Holdings in SeaWorld Entertainment, Inc. (NYSE:SEAS)

Nuveen Asset Management LLC increased its position in shares of SeaWorld Entertainment, Inc. (NYSE:SEASGet Rating) by 5.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 238,871 shares of the company’s stock after acquiring an additional 12,391 shares during the quarter. Nuveen Asset Management LLC owned 0.37% of SeaWorld Entertainment worth $10,871,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SEAS. Raymond James & Associates increased its stake in SeaWorld Entertainment by 142.8% in the 1st quarter. Raymond James & Associates now owns 15,104 shares of the company’s stock valued at $1,124,000 after buying an additional 8,882 shares during the period. MetLife Investment Management LLC increased its stake in SeaWorld Entertainment by 45.9% in the 1st quarter. MetLife Investment Management LLC now owns 26,767 shares of the company’s stock valued at $1,993,000 after buying an additional 8,417 shares during the period. Dimensional Fund Advisors LP grew its position in SeaWorld Entertainment by 4.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,059,041 shares of the company’s stock worth $78,833,000 after acquiring an additional 42,031 shares in the last quarter. Lord Abbett & CO. LLC bought a new stake in SeaWorld Entertainment in the first quarter worth approximately $14,678,000. Finally, Allianz Asset Management GmbH grew its position in SeaWorld Entertainment by 94.7% in the first quarter. Allianz Asset Management GmbH now owns 51,947 shares of the company’s stock worth $3,867,000 after acquiring an additional 25,268 shares in the last quarter.

Insider Activity

In related news, insider Kyle Robert Miller sold 15,119 shares of SeaWorld Entertainment stock in a transaction that occurred on Wednesday, February 8th. The shares were sold at an average price of $66.00, for a total transaction of $997,854.00. Following the transaction, the insider now owns 19,517 shares of the company’s stock, valued at approximately $1,288,122. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider James W. Forrester, Jr. sold 2,615 shares of SeaWorld Entertainment stock in a transaction that occurred on Friday, March 3rd. The shares were sold at an average price of $67.21, for a total transaction of $175,754.15. Following the transaction, the insider now owns 5,730 shares of the company’s stock, valued at approximately $385,113.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Kyle Robert Miller sold 15,119 shares of SeaWorld Entertainment stock in a transaction that occurred on Wednesday, February 8th. The stock was sold at an average price of $66.00, for a total transaction of $997,854.00. Following the transaction, the insider now directly owns 19,517 shares in the company, valued at approximately $1,288,122. The disclosure for this sale can be found here. In the last quarter, insiders have sold 17,869 shares of company stock valued at $1,182,551. 1.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts recently issued reports on SEAS shares. B. Riley upped their price objective on shares of SeaWorld Entertainment from $75.00 to $80.00 in a report on Wednesday, March 1st. Truist Financial increased their price target on shares of SeaWorld Entertainment from $60.00 to $72.00 in a report on Wednesday, March 1st. Deutsche Bank Aktiengesellschaft increased their price target on shares of SeaWorld Entertainment from $76.00 to $84.00 and gave the company a “buy” rating in a report on Monday. Citigroup increased their price target on shares of SeaWorld Entertainment from $59.00 to $60.00 and gave the company a “neutral” rating in a report on Monday, January 9th. Finally, Credit Suisse Group increased their price objective on shares of SeaWorld Entertainment from $84.00 to $88.00 and gave the company an “outperform” rating in a research note on Wednesday, March 1st. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $74.14.

SeaWorld Entertainment Stock Down 0.3 %

Shares of SeaWorld Entertainment stock opened at $63.51 on Thursday. The stock has a market capitalization of $4.06 billion, a P/E ratio of 14.94 and a beta of 2.00. The company has a 50-day simple moving average of $61.72 and a 200 day simple moving average of $56.04. SeaWorld Entertainment, Inc. has a 12-month low of $40.01 and a 12-month high of $76.57.

SeaWorld Entertainment (NYSE:SEASGet Rating) last announced its earnings results on Tuesday, February 28th. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.08. SeaWorld Entertainment had a net margin of 16.82% and a negative return on equity of 82.50%. The business had revenue of $390.50 million during the quarter, compared to analysts’ expectations of $387.37 million. During the same quarter last year, the company posted $0.92 EPS. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis. On average, equities analysts anticipate that SeaWorld Entertainment, Inc. will post 4.97 earnings per share for the current year.

About SeaWorld Entertainment

(Get Rating)

SeaWorld Entertainment, 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.

Featured Articles

Want to see what other hedge funds are holding SEAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SeaWorld Entertainment, Inc. (NYSE:SEASGet Rating).

Institutional Ownership by Quarter for SeaWorld Entertainment (NYSE:SEAS)

Receive News & Ratings for SeaWorld Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SeaWorld Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.