Investment Management of Virginia LLC increased its position in shares of SeaWorld Entertainment Inc. (NYSE:SEAS) by 155.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 138,475 shares of the company’s stock after buying an additional 84,260 shares during the period. Investment Management of Virginia LLC owned about 0.16% of SeaWorld Entertainment worth $1,867,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SEAS. First Mercantile Trust Co. boosted its position in SeaWorld Entertainment by 14.8% in the third quarter. First Mercantile Trust Co. now owns 61,550 shares of the company’s stock worth $830,000 after buying an additional 7,920 shares during the last quarter. Macquarie Group Ltd. acquired a new stake in shares of SeaWorld Entertainment during the second quarter worth approximately $740,000. Royal Bank of Canada boosted its stake in shares of SeaWorld Entertainment by 644.5% in the second quarter. Royal Bank of Canada now owns 26,489 shares of the company’s stock worth $380,000 after buying an additional 22,931 shares during the last quarter. Cove Street Capital LLC boosted its stake in shares of SeaWorld Entertainment by 74.1% in the second quarter. Cove Street Capital LLC now owns 991,186 shares of the company’s stock worth $14,204,000 after buying an additional 421,744 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of SeaWorld Entertainment by 4.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 399,981 shares of the company’s stock worth $5,732,000 after buying an additional 17,370 shares during the last quarter. Hedge funds and other institutional investors own 96.70% of the company’s stock.

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

Shares of SeaWorld Entertainment Inc. (NYSE:SEAS) traded down 2.10% during midday trading on Monday, hitting $17.23. 1,211,328 shares of the stock were exchanged. The firm has a 50-day moving average of $15.19 and a 200-day moving average of $14.75. SeaWorld Entertainment Inc. has a 1-year low of $11.77 and a 1-year high of $21.85. The company’s market capitalization is $1.47 billion.

SeaWorld Entertainment (NYSE:SEAS) last released its quarterly earnings data on Tuesday, November 8th. The company reported $0.77 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.06 by $0.29. SeaWorld Entertainment had a positive return on equity of 6.17% and a negative net margin of 0.87%. The business earned $485.30 million during the quarter, compared to analysts’ expectations of $411.29 million. During the same period last year, the company earned $1.14 earnings per share. The firm’s revenue was down 2.3% compared to the same quarter last year. On average, equities analysts expect that SeaWorld Entertainment Inc. will post $0.42 EPS for the current year.

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A number of analysts recently commented on SEAS shares. FBR & Co dropped their price target on shares of SeaWorld Entertainment from $23.00 to $15.00 and set an “outperform” rating on the stock in a research note on Friday, August 5th. Macquarie cut shares of SeaWorld Entertainment from an “outperform” rating to a “neutral” rating and upped their price target for the company from $12.58 to $12.88 in a research note on Friday, August 5th. JPMorgan Chase & Co. dropped their price target on shares of SeaWorld Entertainment from $18.00 to $14.00 and set a “neutral” rating on the stock in a research note on Friday, August 5th. KeyCorp dropped their price target on shares of SeaWorld Entertainment from $22.00 to $17.00 and set an “overweight” rating on the stock in a research note on Monday, August 8th. Finally, Janney Montgomery Scott restated a “neutral” rating and set a $14.50 price target (down from $19.00) on shares of SeaWorld Entertainment in a research note on Monday, August 8th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $15.46.

SeaWorld Entertainment Company Profile

SeaWorld Entertainment, Inc is a theme park and entertainment company. It owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. It has a diversified portfolio of approximately 10 destination and regional theme parks that are located across the United States. Its theme parks feature a range of rides, shows and other attractions.

5 Day Chart for NYSE:SEAS

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