Walthausen Lowers stake in SeaWorld Entertainment Inc (SEAS)

SeaWorld Entertainment Inc (SEAS) : Walthausen reduced its stake in SeaWorld Entertainment Inc by 3.34% during the most recent quarter end. The investment management company now holds a total of 1,162,161 shares of SeaWorld Entertainment Inc which is valued at $20.7 Million after selling 40,139 shares in SeaWorld Entertainment Inc , the firm said in a disclosure report filed with the SEC on May 12, 2016.SeaWorld Entertainment Inc makes up approximately 2.16% of Walthausen’s portfolio.

Other Hedge Funds, Including , Bluestein R H Co sold out all of its stake in SEAS during the most recent quarter. The investment firm sold 10,000 shares of SEAS which is valued $178,100.Blackrock Fund Advisors reduced its stake in SEAS by selling 65,660 shares or 3.84% in the most recent quarter. The Hedge Fund company now holds 1,646,079 shares of SEAS which is valued at $29.3 Million. SeaWorld Entertainment Inc makes up approx 0.01% of Blackrock Fund Advisors’s portfolio. Numeric Investors sold out all of its stake in SEAS during the most recent quarter. The investment firm sold 12,100 shares of SEAS which is valued $223,608.California Public Employees Retirement System reduced its stake in SEAS by selling 13,500 shares or 7.87% in the most recent quarter. The Hedge Fund company now holds 158,100 shares of SEAS which is valued at $2.9 Million.Ifp Advisors Inc boosted its stake in SEAS in the latest quarter, The investment management firm added 6 additional shares and now holds a total of 1,029 shares of SeaWorld Entertainment Inc which is valued at $19,016.

SeaWorld Entertainment Inc opened for trading at $17.55 and hit $17.68 on the upside on Friday, eventually ending the session at $17.63, with a gain of 0.86% or 0.15 points. The heightened volatility saw the trading volume jump to 7,82,337 shares. Company has a market cap of $1,563,041 M.

On the company’s financial health, SeaWorld Entertainment Inc reported $-0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on May 5, 2016. Analyst had a consensus of $-0.65. The company had revenue of $220.24 million for the quarter, compared to analysts expectations of $217.05 million. The company’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.51 EPS.

Many Wall Street Analysts have commented on SeaWorld Entertainment Inc. SeaWorld Entertainment Inc was Downgraded by Credit Suisse to ” Underperform” on May 11, 2016. Shares were Reiterated by Barclays on May 6, 2016 to “Underweight” and Lowered the Price Target to $ 16 from a previous price target of $18 .SeaWorld Entertainment Inc was Downgraded by Citigroup to ” Neutral” on Apr 15, 2016.

SeaWorld Entertainment Inc. (SeaWorld) is a theme park and entertainment company. It owns or licenses a portfolio of brands including SeaWorld Shamu and Busch Gardens. It has 11 destination and regional theme parks that are located across the United States. Its theme parks feature an array of rides shows and other attractions. The Company operates SeaWorld theme parks in Orlando Florida; San Antonio Texas and San Diego California and Busch Gardens theme parks in Tampa Florida and Williamsburg Virginia. The Company operates water park attractions in Orlando Florida (Aquatica); San Diego California (Aquatica); Tampa Florida (Adventure Island) and Williamsburg Virginia (Water Country USA). The Company also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne Pennsylvania (Sesame Place).

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