Thompson Siegel & Walmsley LLC lessened its holdings in SeaWorld Entertainment, Inc. (NYSE:SEAS) by 17.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,491,622 shares of the company’s stock after selling 317,849 shares during the quarter. Thompson Siegel & Walmsley LLC owned 1.65% of SeaWorld Entertainment worth $19,376,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of SEAS. Hill Path Capital LP grew its holdings in SeaWorld Entertainment by 172.8% in the 2nd quarter. Hill Path Capital LP now owns 12,024,537 shares of the company’s stock worth $195,639,000 after acquiring an additional 7,616,675 shares during the last quarter. Peregrine Capital Management LLC bought a new stake in SeaWorld Entertainment in the 3rd quarter worth $9,764,000. Penn Capital Management Co. Inc. grew its holdings in SeaWorld Entertainment by 39.5% in the 2nd quarter. Penn Capital Management Co. Inc. now owns 1,069,752 shares of the company’s stock worth $17,554,000 after acquiring an additional 302,965 shares during the last quarter. Strs Ohio grew its holdings in SeaWorld Entertainment by 27.0% in the 2nd quarter. Strs Ohio now owns 1,175,000 shares of the company’s stock worth $19,117,000 after acquiring an additional 250,000 shares during the last quarter. Finally, AHL Partners LLP boosted its stake in shares of SeaWorld Entertainment by 60.6% during the 2nd quarter. AHL Partners LLP now owns 618,560 shares of the company’s stock valued at $10,064,000 after purchasing an additional 233,336 shares in the last quarter. Institutional investors own 93.80% of the company’s stock.
Shares of SeaWorld Entertainment, Inc. (SEAS) traded down $0.18 during trading on Wednesday, reaching $10.80. 4,459,600 shares of the company’s stock traded hands, compared to its average volume of 2,182,751. The company has a debt-to-equity ratio of 5.04, a current ratio of 0.57 and a quick ratio of 0.45. SeaWorld Entertainment, Inc. has a twelve month low of $10.65 and a twelve month high of $20.13. The stock has a market capitalization of $992.99, a PE ratio of 11.81 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 earnings per share 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 company had revenue of $437.70 million for the quarter, compared to analysts’ expectations of $453.58 million. During the same period in the previous year, the firm earned $0.77 earnings per share. The firm’s revenue for the quarter was down 9.8% on a year-over-year basis. research analysts forecast that SeaWorld Entertainment, Inc. will post -2.27 earnings per share for the current fiscal year.
In other SeaWorld Entertainment news, major shareholder Hill Path Capital Partners Lp bought 417,942 shares of the business’s stock in a transaction that occurred on Tuesday, August 29th. The stock was bought at an average cost of $13.31 per share, for a total transaction of $5,562,808.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.40% of the stock is owned by insiders.
A number of brokerages have recently weighed in on SEAS. TheStreet lowered shares of SeaWorld Entertainment from a “c-” rating to a “d” rating in a research note on Tuesday, August 8th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $12.00 target price on shares of SeaWorld Entertainment in a research note on Thursday, October 5th. FBR & Co lowered shares of SeaWorld Entertainment from an “outperform” rating to a “market perform” rating and set a $15.00 target price on the stock. in a research note on Thursday, August 3rd. BidaskClub raised shares of SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a research note on Friday, November 10th. Finally, Macquarie lowered shares of SeaWorld Entertainment from an “outperform” rating to a “neutral” rating and cut their target price for the company from $22.00 to $15.00 in a research note on Thursday, July 27th. Three analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. SeaWorld Entertainment presently has a consensus rating of “Hold” and an average target price of $15.82.
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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