Renaissance Technologies LLC Grows Stock Position in Seaport Entertainment Gr $SEG

Renaissance Technologies LLC boosted its position in shares of Seaport Entertainment Gr (NYSE:SEG) by 123.6% in the first quarter, Holdings Channel.com reports. The firm owned 82,300 shares of the company’s stock after acquiring an additional 45,500 shares during the period. Renaissance Technologies LLC’s holdings in Seaport Entertainment Gr were worth $1,768,000 as of its most recent SEC filing.

Analyst Upgrades and Downgrades

SEG has been the subject of several recent analyst reports. JonesTrading raised their price objective on shares of Seaport Entertainment Gr from $27.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Seaport Entertainment Gr in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $36.00.

Seaport Entertainment Gr Stock Up 1.0%

Seaport Entertainment Gr stock opened at $29.16 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.06 and a current ratio of 4.06. Seaport Entertainment Gr has a one year low of $17.74 and a one year high of $29.30. The company has a 50-day simple moving average of $25.97 and a 200-day simple moving average of $22.83. The firm has a market capitalization of $373.51 million, a P/E ratio of -2.98 and a beta of 1.23.

Seaport Entertainment Gr (NYSE:SEG) last announced its earnings results on Wednesday, August 5th. The company reported $0.02 earnings per share for the quarter. Seaport Entertainment Gr had a negative return on equity of 9.40% and a negative net margin of 101.96%.The firm had revenue of $34.29 million for the quarter.

Seaport Entertainment Gr Profile

Seaport Entertainment Group Inc develops, owns, and operates a portfolio of entertainment and real estate assets primarily in the New York City and Las Vegas. It operates through three segments: Landlord Operations; Hospitality; and Sponsorships, Events, and Entertainment. The company’s Landlord Operations segment engages in the holding of ownership interests in and operation of physical real estate assets, such as restaurant, retail, office, and entertainment properties, as well as residential units in Seaport.