Vanguard Group Inc. Sells 100,994 Shares of SeaWorld Entertainment, Inc. (NYSE:SEAS)

Vanguard Group Inc. trimmed its position in SeaWorld Entertainment, Inc. (NYSE:SEASFree Report) by 2.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,886,387 shares of the company’s stock after selling 100,994 shares during the period. Vanguard Group Inc. owned approximately 6.08% of SeaWorld Entertainment worth $179,745,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. BlackRock Inc. raised its holdings in SeaWorld Entertainment by 0.9% during the second quarter. BlackRock Inc. now owns 2,852,891 shares of the company’s stock worth $159,790,000 after acquiring an additional 25,307 shares in the last quarter. HG Vora Capital Management LLC bought a new stake in SeaWorld Entertainment during the third quarter worth about $69,375,000. JAT Capital Mgmt LP raised its holdings in SeaWorld Entertainment by 106.1% during the first quarter. JAT Capital Mgmt LP now owns 1,391,507 shares of the company’s stock worth $85,313,000 after acquiring an additional 716,408 shares in the last quarter. Goldentree Asset Management LP raised its holdings in SeaWorld Entertainment by 41.7% during the third quarter. Goldentree Asset Management LP now owns 1,344,627 shares of the company’s stock worth $62,189,000 after acquiring an additional 395,848 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in SeaWorld Entertainment by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,143,209 shares of the company’s stock worth $70,086,000 after acquiring an additional 14,756 shares in the last quarter.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SEAS shares. Morgan Stanley lowered SeaWorld Entertainment from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $60.00 to $57.00 in a research note on Thursday, December 14th. StockNews.com started coverage on SeaWorld Entertainment in a research note on Monday, March 25th. They issued a “hold” rating on the stock. Finally, Truist Financial upped their price objective on SeaWorld Entertainment from $58.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, January 9th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $64.40.

Check Out Our Latest Report on SEAS

SeaWorld Entertainment Trading Up 2.5 %

SeaWorld Entertainment stock opened at $50.30 on Monday. SeaWorld Entertainment, Inc. has a 12 month low of $40.87 and a 12 month high of $68.19. The stock’s 50 day moving average is $50.56 and its 200-day moving average is $48.67. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of 13.34 and a beta of 1.82.

SeaWorld Entertainment Profile

(Free Report)

SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. It 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.

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

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