Gmt Capital Corp Lowers stake in SeaWorld Entertainment Inc (SEAS)

SeaWorld Entertainment Inc (SEAS) : Gmt Capital Corp reduced its stake in SeaWorld Entertainment Inc by 10.76% during the most recent quarter end. The investment management company now holds a total of 3,105,564 shares of SeaWorld Entertainment Inc which is valued at $41,117,667 after selling 374,400 shares in SeaWorld Entertainment Inc , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.SeaWorld Entertainment Inc makes up approximately 0.92% of Gmt Capital Corp’s portfolio.

Other Hedge Funds, Including , Advisors Asset Management reduced its stake in SEAS by selling 2,319 shares or 5.34% in the most recent quarter. The Hedge Fund company now holds 41,126 shares of SEAS which is valued at $544,508. SeaWorld Entertainment Inc makes up approx 0.01% of Advisors Asset Management’s portfolio. Monashee Investment Management sold out all of its stake in SEAS during the most recent quarter. The investment firm sold 20,000 shares of SEAS which is valued $296,800.Van Berkom Associates boosted its stake in SEAS in the latest quarter, The investment management firm added 453,901 additional shares and now holds a total of 2,639,035 shares of SeaWorld Entertainment Inc which is valued at $41,380,069. SeaWorld Entertainment Inc makes up approx 1.81% of Van Berkom Associates’s portfolio. Eqis Capital Management added SEAS to its portfolio by purchasing 10,034 company shares during the most recent quarter which is valued at $147,700. SeaWorld Entertainment Inc makes up approx 0.01% of Eqis Capital Management’s portfolio.Cutler Group Lp boosted its stake in SEAS in the latest quarter, The investment management firm added 63,510 additional shares and now holds a total of 65,009 shares of SeaWorld Entertainment Inc which is valued at $958,233. SeaWorld Entertainment Inc makes up approx 0.06% of Cutler Group Lp’s portfolio.

SeaWorld Entertainment Inc closed down -0.25 points or -1.87% at $13.09 with 13,41,229 shares getting traded on Monday. Post opening the session at $13.33, the shares hit an intraday low of $13.02 and an intraday high of $13.42 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, SeaWorld Entertainment Inc reported $0.21 EPS for the quarter, based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus estimate of $0.21. The company had revenue of $371.10 million for the quarter, compared to analysts expectations of $375.16 million. The company’s revenue was down -5.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on SeaWorld Entertainment Inc. SeaWorld Entertainment Inc was Upgraded by Credit Suisse to ” Neutral” on Aug 11, 2016. Shares were Reiterated by FBR Capital on Aug 5, 2016 to “Outperform” and Lowered the Price Target to $ 15 from a previous price target of $23 .SeaWorld Entertainment Inc was Downgraded by Macquarie to ” Neutral” on Aug 5, 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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