SeaWorld Entertainment, Inc. stock (NYSE ticker: SEAS – get rating) has an average rating of “Moderate Buy” from the ten rating firms currently covering the stock, market beat rating reports. Three analysts have given a Hold recommendation to the stock and three have given the company a Buy recommendation. Analysts who have rated the stock in the last year have an average 1-year price target of $70.14.
Several analysts have recently issued reports on the stock. B. Riley cut their price target on SeaWorld Entertainment from $79.00 to $75.00 in a research note on Thursday, November 10th. Deutsche Bank Aktiengesellschaft cut their price target on SeaWorld Entertainment from $77.00 to $76.00 in a research note on Wednesday, November 2nd. Truist Financial cut their price target on SeaWorld Entertainment from $70.00 to $60.00 and set a “buy” rating on the stock in a research report on Wednesday, October 5th. Credit Suisse Group cut their price target on SeaWorld Entertainment from $85.00 to $84.00 and set an “outperform” rating on the stock in a research report on Thursday, November 10th. Finally, Citigroup upped their target price on Sea World Entertainment from $49.00 to $61.00 in a research note on Monday, October 31st.
The Insider Look at SeaWorld Entertainment
In related news, CEO mark swanson 4,000 shares of company stock were sold in a transaction that occurred on Thursday, October 13th. These shares sold at an average price of $48.75 for a total transaction value of $195,000.00. Following the transaction, the CEO now owns 162,129 shares of company stock worth $7,903,788.75.The sale was disclosed in a filing with the U.S. Securities and Exchange Commission, which is available via this hyperlink. 1.00% of the shares are owned by company insiders.
Hedge funds take part in SeaWorld Entertainment
Many hedge funds and other institutional investors have bought and sold the stock recently. Penn Capital Management Company LLC increased its stake in SeaWorld Entertainment by 15.3% in the third quarter. Penn Capital Management Company LLC now owns 287,014 shares of the company worth $13,079,000 after purchasing an additional 38,145 shares last quarter. Bank of New York Mellon Corp increased its stake in SeaWorld Entertainment by 0.3 percent in the third quarter. BNY Mellon now owns 199,709 shares of the company worth $9,088,000 after buying an additional 610 shares last quarter. Captrust Financial Advisors increased its stake in SeaWorld Entertainment by 3.2% in the third quarter. Captrust Financial Advisors now owns 7,705 shares of the company worth $351,000 after purchasing an additional 239 shares last quarter. BNP Paribas Arbitrage SNC increased its SeaWorld Entertainment stake by 267.1% in the third quarter. BNP Paribas Arbitrage SNC now owns 57,727 shares of the company’s stock, worth $2,627,000, after purchasing an additional 42,002 shares last quarter. Finally, Neuberger Berman Group LLC increased its SeaWorld Entertainment stake by 3.5% during the third quarter. Neuberger Berman Group LLC now owns 491,033 shares of the company worth $22,370,000 after purchasing an additional 16,569 shares last quarter.
SeaWorld Entertainment Stock Performance
shares marine inventory It opened at $54.30 on Monday. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 12.31, and a beta of 2.01. SeaWorld Entertainment had a 52-week low of $40.01 and a 52-week high of $76.57. The company’s 50-day simple moving average is $54.71 and its 200-day simple moving average is $50.91.
About SeaWorld Entertainment
SeaWorld Entertainment, Inc and its subsidiaries operate a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.
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