SeaWorld Entertainment, Inc. (NYSE:SEAS)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $10.68 and last traded at $10.71, with a volume of 2093158 shares changing hands. The stock had previously closed at $10.98.

SEAS has been the subject of several analyst reports. Stifel Nicolaus restated a “buy” rating and set a $16.00 price target (down from $23.00) on shares of SeaWorld Entertainment in a report on Wednesday, August 2nd. ValuEngine upgraded SeaWorld Entertainment from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. Janney Montgomery Scott restated a “buy” rating on shares of SeaWorld Entertainment in a report on Friday, October 6th. Zacks Investment Research upgraded SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a report on Wednesday, October 18th. Finally, SunTrust Banks, Inc. restated a “buy” rating and set a $16.00 price target on shares of SeaWorld Entertainment in a report on Friday, November 10th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $15.82.

The company has a debt-to-equity ratio of 5.04, a quick ratio of 0.45 and a current ratio of 0.57. The firm has a market cap of $973.10, a PE ratio of 12.71 and a beta of 0.73.

SeaWorld Entertainment (NYSE:SEAS) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.14). SeaWorld Entertainment had a negative net margin of 15.32% and a positive return on equity of 22.94%. The business had revenue of $437.70 million for the quarter, compared to analysts’ expectations of $453.58 million. During the same period last year, the business earned $0.77 earnings per share. The company’s quarterly revenue was down 9.8% on a year-over-year basis. sell-side analysts forecast that SeaWorld Entertainment, Inc. will post -2.27 EPS for the current fiscal year.

In other SeaWorld Entertainment news, major shareholder Hill Path Capital Partners Lp acquired 417,942 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The shares were bought at an average cost of $13.31 per share, with a total value of $5,562,808.02. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.40% of the company’s stock.

A number of large investors have recently made changes to their positions in the business. Hill Path Capital LP boosted its position in SeaWorld Entertainment by 12.9% in the third quarter. Hill Path Capital LP now owns 13,581,406 shares of the company’s stock worth $176,422,000 after purchasing an additional 1,556,869 shares during the last quarter. Vanguard Group Inc. boosted its position in SeaWorld Entertainment by 3.7% in the second quarter. Vanguard Group Inc. now owns 5,552,907 shares of the company’s stock worth $90,345,000 after purchasing an additional 197,177 shares during the last quarter. Sterling Capital Management LLC boosted its position in SeaWorld Entertainment by 22,754.8% in the third quarter. Sterling Capital Management LLC now owns 3,000,835 shares of the company’s stock worth $38,980,000 after purchasing an additional 2,987,705 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in SeaWorld Entertainment by 7.1% in the third quarter. State of New Jersey Common Pension Fund D now owns 3,000,000 shares of the company’s stock worth $38,970,000 after purchasing an additional 200,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in SeaWorld Entertainment by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 2,839,176 shares of the company’s stock worth $46,194,000 after purchasing an additional 43,358 shares during the last quarter. 93.80% of the stock is currently owned by institutional investors and hedge funds.

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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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