Sterling Capital Management LLC raised its holdings in SeaWorld Entertainment Inc (NYSE:SEAS) by 22,754.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,000,835 shares of the company’s stock after buying an additional 2,987,705 shares during the quarter. Sterling Capital Management LLC owned 3.32% of SeaWorld Entertainment worth $38,980,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in shares of SeaWorld Entertainment in the 3rd quarter valued at $185,000. OLD National Bancorp IN acquired a new stake in shares of SeaWorld Entertainment in the 3rd quarter valued at $316,000. First Trust Advisors LP boosted its stake in shares of SeaWorld Entertainment by 51.0% in the 3rd quarter. First Trust Advisors LP now owns 25,112 shares of the company’s stock valued at $326,000 after purchasing an additional 8,483 shares in the last quarter. Wedge Capital Management L L P NC boosted its stake in shares of SeaWorld Entertainment by 49.3% in the 3rd quarter. Wedge Capital Management L L P NC now owns 25,540 shares of the company’s stock valued at $332,000 after purchasing an additional 8,435 shares in the last quarter. Finally, Eqis Capital Management Inc. acquired a new stake in shares of SeaWorld Entertainment in the 3rd quarter valued at $332,000. 96.37% of the stock is currently owned by hedge funds and other institutional investors.

SeaWorld Entertainment Inc (NYSE SEAS) traded up $0.05 during trading on Thursday, reaching $12.82. 960,300 shares of the company’s stock were exchanged, compared to its average volume of 2,190,426. The company has a current ratio of 0.57, a quick ratio of 0.45 and a debt-to-equity ratio of 5.04. SeaWorld Entertainment Inc has a 52 week low of $10.42 and a 52 week high of $20.13. The firm has a market cap of $1,170.00, a P/E ratio of 13.73 and a beta of 0.74.

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

Several equities research analysts have recently commented on the stock. Goldman Sachs Group restated a “neutral” rating and issued a $12.00 target price on shares of SeaWorld Entertainment in a research note on Thursday, October 5th. BidaskClub upgraded shares of SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a research note on Friday, November 10th. B. Riley restated a “hold” rating and issued a $14.00 target price on shares of SeaWorld Entertainment in a research note on Friday, December 8th. Citigroup restated a “neutral” rating and issued a $14.00 target price (down previously from $15.00) on shares of SeaWorld Entertainment in a research note on Friday, September 15th. Finally, Stifel Nicolaus reduced their target price on shares of SeaWorld Entertainment from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, November 8th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $15.73.

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

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