SeaWorld Entertainment, Inc. (NYSE:SEAS) has been assigned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $15.78.

Several research analysts have recently weighed in on SEAS shares. Stifel Nicolaus reiterated a “buy” rating and issued a $23.00 price target on shares of SeaWorld Entertainment in a report on Friday, July 14th. BidaskClub cut shares of SeaWorld Entertainment from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th. FBR & Co reiterated a “hold” rating and issued a $14.00 price target on shares of SeaWorld Entertainment in a report on Thursday, October 5th. B. Riley reiterated a “market perform” rating and issued a $15.00 price target on shares of SeaWorld Entertainment in a report on Thursday, August 3rd. Finally, Citigroup Inc. upgraded shares of SeaWorld Entertainment from a “sell” rating to a “neutral” rating and set a $15.00 price target for the company in a report on Friday, July 28th.

In other news, major shareholder Hill Path Capital Partners Co- purchased 320,627 shares of the company’s stock in a transaction on Monday, August 21st. The shares were purchased at an average cost of $13.21 per share, with a total value of $4,235,482.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Hill Path Capital Partners Lp purchased 352,800 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were purchased at an average cost of $12.67 per share, for a total transaction of $4,469,976.00. The disclosure for this purchase can be found here. Insiders have purchased 1,472,969 shares of company stock valued at $19,324,419 in the last 90 days. 3.40% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hill Path Capital LP raised its position in SeaWorld Entertainment by 12.9% during the third quarter. Hill Path Capital LP now owns 13,581,406 shares of the company’s stock worth $176,422,000 after acquiring an additional 1,556,869 shares in the last quarter. Vanguard Group Inc. raised its position in SeaWorld Entertainment by 3.7% during the second quarter. Vanguard Group Inc. now owns 5,552,907 shares of the company’s stock worth $90,345,000 after acquiring an additional 197,177 shares in the last quarter. State of New Jersey Common Pension Fund D raised its position in SeaWorld Entertainment by 7.1% during 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 acquiring an additional 200,000 shares in the last quarter. Dimensional Fund Advisors LP raised its position in SeaWorld Entertainment by 1.6% during the second quarter. Dimensional Fund Advisors LP now owns 2,839,176 shares of the company’s stock worth $46,194,000 after acquiring an additional 43,358 shares in the last quarter. Finally, State Street Corp raised its position in SeaWorld Entertainment by 6.6% during the second quarter. State Street Corp now owns 1,308,842 shares of the company’s stock worth $21,292,000 after acquiring an additional 80,617 shares in the last quarter. 91.55% of the stock is currently owned by hedge funds and other institutional investors.

SeaWorld Entertainment (NYSE:SEAS) opened at $11.21 on Monday. The stock has a market cap of $1,015.06, a P/E ratio of 10.57 and a beta of 0.73. SeaWorld Entertainment has a 1-year low of $10.83 and a 1-year high of $20.13. The company has a debt-to-equity ratio of 6.32, a quick ratio of 0.29 and a current ratio of 0.39.

SeaWorld Entertainment (NYSE:SEAS) last released its quarterly earnings results on Tuesday, August 8th. The company reported $1.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.77. The company had revenue of $373.80 million during the quarter, compared to analysts’ expectations of $395.24 million. SeaWorld Entertainment had a negative net margin of 13.95% and a positive return on equity of 23.32%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.21 earnings per share. equities analysts forecast that SeaWorld Entertainment will post -2.08 EPS for the current year.

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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.

Analyst Recommendations for SeaWorld Entertainment (NYSE:SEAS)

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