SeaWorld Entertainment Inc (SEAS) : Hrs Investment Holdings scooped up 10,000 additional shares in SeaWorld Entertainment Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 45,000 shares of SeaWorld Entertainment Inc which is valued at $600,300.SeaWorld Entertainment Inc makes up approximately 0.55% of Hrs Investment Holdings’s portfolio.
Other Hedge Funds, Including , Jane Street Group reduced its stake in SEAS by selling 100,111 shares or 76.98% in the most recent quarter. The Hedge Fund company now holds 29,944 shares of SEAS which is valued at $399,453. SeaWorld Entertainment Inc makes up approx 0.01% of Jane Street Group’s portfolio.Vanguard Group Inc boosted its stake in SEAS in the latest quarter, The investment management firm added 153,505 additional shares and now holds a total of 4,938,949 shares of SeaWorld Entertainment Inc which is valued at $65,885,580. Timber Hill added SEAS to its portfolio by purchasing 35,252 company shares during the most recent quarter which is valued at $465,679. SeaWorld Entertainment Inc makes up approx 0.04% of Timber Hill’s portfolio.Swiss National Bank reduced its stake in SEAS by selling 6,300 shares or 5.26% in the most recent quarter. The Hedge Fund company now holds 113,500 shares of SEAS which is valued at $1,684,340.Jennison Associates reduced its stake in SEAS by selling 353,667 shares or 7.99% in the most recent quarter. The Hedge Fund company now holds 4,073,783 shares of SEAS which is valued at $60,454,940. SeaWorld Entertainment Inc makes up approx 0.06% of Jennison Associates’s portfolio.
SeaWorld Entertainment Inc opened for trading at $13.09 and hit $13.22 on the upside on Thursday, eventually ending the session at $13.08, with a gain of 0.54% or 0.07 points. The heightened volatility saw the trading volume jump to 6,04,999 shares. Company has a market cap of $1,162 M.
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. Shares were Reiterated by Dougherty & Company on Sep 2, 2016 to “Buy” and Lowered the Price Target to $ 5.50 from a previous price target of $6 .Shares were Reiterated by Barclays on Aug 16, 2016 to “Underweight” and Lowered the Price Target to $ 12 from a previous price target of $16 .SeaWorld Entertainment Inc was Upgraded by Credit Suisse to ” Neutral” on Aug 11, 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).