SeaWorld Entertainment, Inc. (NYSE:SEAS) major shareholder Hill Path Capital Partners Lp purchased 18,250 shares of the firm’s stock in a transaction on Friday, June 9th. The shares were purchased at an average cost of $16.22 per share, with a total value of $296,015.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% 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 Monday, June 5th, Hill Path Capital Partners Lp purchased 170,000 shares of SeaWorld Entertainment stock. The shares were purchased at an average cost of $17.26 per share, with a total value of $2,934,200.00.
  • On Friday, June 2nd, Hill Path Capital Partners Lp purchased 584,000 shares of SeaWorld Entertainment stock. The shares were purchased at an average cost of $17.84 per share, with a total value of $10,418,560.00.
  • On Tuesday, May 30th, Hill Path Capital Partners Lp purchased 805,000 shares of SeaWorld Entertainment stock. The shares were purchased at an average cost of $17.97 per share, with a total value of $14,465,850.00.
  • On Wednesday, May 24th, Hill Path Capital Partners Lp purchased 756,000 shares of SeaWorld Entertainment stock. The shares were purchased at an average cost of $18.34 per share, with a total value of $13,865,040.00.
  • On Thursday, May 18th, Hill Path Capital Partners Lp purchased 362,025 shares of SeaWorld Entertainment stock. The shares were purchased at an average cost of $17.82 per share, with a total value of $6,451,285.50.
  • On Wednesday, May 10th, Hill Path Capital Partners Lp purchased 200,800 shares of SeaWorld Entertainment stock. The shares were purchased at an average cost of $18.81 per share, with a total value of $3,777,048.00.

SeaWorld Entertainment, Inc. (NYSE:SEAS) traded down 0.81% during mid-day trading on Tuesday, hitting $15.99. The stock had a trading volume of 1,743,886 shares. The company has a market cap of $1.37 billion, a P/E ratio of 141.50 and a beta of 0.74. SeaWorld Entertainment, Inc. has a 1-year low of $11.77 and a 1-year high of $20.13. The company has a 50-day moving average price of $17.72 and a 200 day moving average price of $18.19.

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

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

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A number of equities analysts have issued reports on the company. FBR & Co reaffirmed a “buy” rating on shares of SeaWorld Entertainment in a research note on Monday, March 27th. Stifel Nicolaus initiated coverage on SeaWorld Entertainment in a research note on Thursday, April 20th. They set a “buy” rating and a $23.00 price objective for the company. Goldman Sachs Group, Inc. (The) initiated coverage on SeaWorld Entertainment in a research note on Thursday, April 6th. They set a “sell” rating and a $16.00 price objective for the company. Jefferies Group LLC reissued a “buy” rating and set a $24.00 price objective on shares of SeaWorld Entertainment in a research note on Tuesday, February 21st. Finally, Janney Montgomery Scott reissued a “buy” rating on shares of SeaWorld Entertainment in a research note on Tuesday, February 21st. Five analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. SeaWorld Entertainment has a consensus rating of “Hold” and a consensus price target of $17.78.

Several institutional investors have recently made changes to their positions in SEAS. Vanguard Group Inc. raised its position in shares of SeaWorld Entertainment by 1.7% in the first quarter. Vanguard Group Inc. now owns 5,355,730 shares of the company’s stock valued at $97,849,000 after buying an additional 88,648 shares during the period. Van Berkom & Associates Inc. purchased a new position in shares of SeaWorld Entertainment during the first quarter valued at about $54,199,000. Dimensional Fund Advisors LP raised its position in shares of SeaWorld Entertainment by 9.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,795,818 shares of the company’s stock valued at $51,080,000 after buying an additional 249,412 shares during the period. Jennison Associates LLC raised its position in shares of SeaWorld Entertainment by 15.7% in the first quarter. Jennison Associates LLC now owns 1,807,274 shares of the company’s stock valued at $33,019,000 after buying an additional 245,000 shares during the period. Finally, State Street Corp raised its position in shares of SeaWorld Entertainment by 2.0% in the first quarter. State Street Corp now owns 1,228,225 shares of the company’s stock valued at $22,440,000 after buying an additional 24,497 shares during the period.

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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