SeaWorld Entertainment, Inc. (NYSE:SEAS) major shareholder Hill Path Capital Partners Lp bought 200,800 shares of SeaWorld Entertainment stock in a transaction that occurred on Wednesday, May 10th. The shares were acquired at an average price of $18.81 per share, for a total transaction of $3,777,048.00. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Hill Path Capital Partners Lp also recently made the following trade(s):

  • On Friday, June 9th, Hill Path Capital Partners Lp bought 18,250 shares of SeaWorld Entertainment stock. The shares were acquired at an average price of $16.22 per share, for a total transaction of $296,015.00.
  • On Monday, June 5th, Hill Path Capital Partners Lp bought 170,000 shares of SeaWorld Entertainment stock. The shares were acquired at an average price of $17.26 per share, for a total transaction of $2,934,200.00.
  • On Friday, June 2nd, Hill Path Capital Partners Lp acquired 584,000 shares of SeaWorld Entertainment stock. The stock was purchased at an average price of $17.84 per share, for a total transaction of $10,418,560.00.
  • On Tuesday, May 30th, Hill Path Capital Partners Lp acquired 805,000 shares of SeaWorld Entertainment stock. The stock was purchased at an average price of $17.97 per share, for a total transaction of $14,465,850.00.
  • On Wednesday, May 24th, Hill Path Capital Partners Lp acquired 756,000 shares of SeaWorld Entertainment stock. The stock was purchased at an average price of $18.34 per share, for a total transaction of $13,865,040.00.
  • On Thursday, May 18th, Hill Path Capital Partners Lp acquired 362,025 shares of SeaWorld Entertainment stock. The stock was purchased at an average price of $17.82 per share, for a total transaction of $6,451,285.50.

Shares of SeaWorld Entertainment, Inc. (SEAS) traded down 0.24% during midday trading on Friday, hitting $16.45. 1,783,675 shares of the company were exchanged. SeaWorld Entertainment, Inc. has a one year low of $11.77 and a one year high of $20.13. The stock has a market cap of $1.41 billion, a PE ratio of 145.58 and a beta of 0.74. The stock’s 50-day moving average is $17.62 and its 200-day moving average is $18.16.

SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings data on Tuesday, May 9th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.53) by $0.13. SeaWorld Entertainment had a net margin of 0.79% and a return on equity of 3.66%. The business had revenue of $186.40 million during the quarter, compared to analyst estimates of $205.59 million. During the same quarter in the prior year, the company posted ($0.56) EPS. The company’s quarterly revenue was down 15.3% compared to the same quarter last year. Equities research analysts anticipate that SeaWorld Entertainment, Inc. will post $0.67 EPS for the current year.

Insider Buying and Selling by Quarter for SeaWorld Entertainment (NYSE:SEAS)

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Several institutional investors have recently made changes to their positions in SEAS. State Street Corp boosted its position in shares of SeaWorld Entertainment by 4.7% in the fourth quarter. State Street Corp now owns 1,203,728 shares of the company’s stock worth $22,787,000 after buying an additional 54,424 shares in the last quarter. Symons Capital Management Inc. boosted its position in shares of SeaWorld Entertainment by 10.1% in the fourth quarter. Symons Capital Management Inc. now owns 19,787 shares of the company’s stock worth $375,000 after buying an additional 1,812 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its position in shares of SeaWorld Entertainment by 10.5% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 53,710 shares of the company’s stock worth $1,017,000 after buying an additional 5,092 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in shares of SeaWorld Entertainment during the fourth quarter worth about $1,271,000. Finally, ETRADE Capital Management LLC boosted its position in shares of SeaWorld Entertainment by 68.4% in the third quarter. ETRADE Capital Management LLC now owns 72,547 shares of the company’s stock worth $978,000 after buying an additional 29,471 shares in the last quarter.

A number of equities analysts have commented on SEAS shares. Jefferies Group LLC reiterated a “buy” rating and issued a $24.00 price objective on shares of SeaWorld Entertainment in a report on Tuesday, February 21st. Janney Montgomery Scott reiterated a “buy” rating and issued a $24.00 price objective on shares of SeaWorld Entertainment in a report on Thursday, April 13th. SunTrust Banks, Inc. started coverage on shares of SeaWorld Entertainment in a report on Wednesday, April 12th. They issued a “buy” rating and a $22.00 price objective on the stock. FBR & Co reiterated a “buy” rating on shares of SeaWorld Entertainment in a report on Monday, March 27th. Finally, Citigroup Inc. lowered shares of SeaWorld Entertainment from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $19.00 to $15.00 in a report on Friday, March 17th. Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $17.84.

SeaWorld Entertainment Company Profile

SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. As of December 31, 2016, the Company had a diversified portfolio of 12 destination and regional theme parks that are located across the United States.

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