BNP Paribas Arbitrage SA grew its position in SeaWorld Entertainment, Inc. (NYSE:SEAS) by 2,126.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 41,708 shares of the company’s stock after buying an additional 39,835 shares during the period. BNP Paribas Arbitrage SA’s holdings in SeaWorld Entertainment were worth $679,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of SeaWorld Entertainment by 1.7% during the first quarter. Vanguard Group Inc. now owns 5,355,730 shares of the company’s stock worth $97,849,000 after purchasing an additional 88,648 shares during the period. State of New Jersey Common Pension Fund D grew its stake in shares of SeaWorld Entertainment by 6.1% during the second quarter. State of New Jersey Common Pension Fund D now owns 2,800,000 shares of the company’s stock worth $45,556,000 after purchasing an additional 160,000 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of SeaWorld Entertainment by 9.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,795,818 shares of the company’s stock worth $51,080,000 after purchasing an additional 249,412 shares during the period. State Street Corp grew its stake in shares of SeaWorld Entertainment by 2.0% during the first quarter. State Street Corp now owns 1,228,225 shares of the company’s stock worth $22,440,000 after purchasing an additional 24,497 shares during the period. Finally, Strs Ohio grew its stake in shares of SeaWorld Entertainment by 27.0% during the second quarter. Strs Ohio now owns 1,175,000 shares of the company’s stock worth $19,117,000 after purchasing an additional 250,000 shares during the period. 89.34% of the stock is owned by institutional investors.

In other SeaWorld Entertainment news, major shareholder Hill Path Capital Partners Lp purchased 352,800 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was purchased at an average cost of $12.67 per share, for a total transaction of $4,469,976.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Hill Path Capital Partners Co- purchased 64,300 shares of the firm’s stock in a transaction on Wednesday, July 5th. The shares were acquired at an average price of $15.52 per share, with a total value of $997,936.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 1,611,369 shares of company stock valued at $21,468,185. Company insiders own 3.40% of the company’s stock.

SeaWorld Entertainment, Inc. (NYSE:SEAS) opened at 12.80 on Tuesday. SeaWorld Entertainment, Inc. has a 12-month low of $11.10 and a 12-month high of $20.13. The firm’s 50-day moving average price is $13.53 and its 200 day moving average price is $16.27. The company’s market capitalization is $1.10 billion.

SeaWorld Entertainment (NYSE:SEAS) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $1.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.77. SeaWorld Entertainment had a positive return on equity of 23.32% and a negative net margin of 13.95%. The firm had revenue of $373.80 million during the quarter, compared to the consensus estimate of $395.24 million. During the same period last year, the business posted $0.21 EPS. The business’s revenue was up .7% compared to the same quarter last year. On average, analysts expect that SeaWorld Entertainment, Inc. will post ($1.35) earnings per share for the current year.

A number of equities research analysts recently commented on SEAS shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $16.00 price objective (down from $23.00) on shares of SeaWorld Entertainment in a research note on Wednesday, August 2nd. Janney Montgomery Scott reaffirmed a “buy” rating and set a $25.00 price objective on shares of SeaWorld Entertainment in a research note on Friday, June 16th. ValuEngine raised SeaWorld Entertainment from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th. TheStreet cut SeaWorld Entertainment from a “c-” rating to a “d” rating in a research note on Tuesday, August 8th. Finally, B. Riley reaffirmed a “market perform” rating and set a $15.00 price objective on shares of SeaWorld Entertainment in a research note on Thursday, August 3rd. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $17.50.

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About SeaWorld Entertainment

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

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