Dimensional Fund Advisors LP raised its position in shares of SeaWorld Entertainment Inc (NYSE:SEAS) by 38.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,261,919 shares of the company’s stock after acquiring an additional 352,071 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.44% of SeaWorld Entertainment worth $27,878,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Renaissance Technologies LLC grew its position in shares of SeaWorld Entertainment by 1,898.1% in the third quarter. Renaissance Technologies LLC now owns 1,180,900 shares of the company’s stock valued at $37,116,000 after purchasing an additional 1,121,800 shares in the last quarter. Quantamental Technologies LLC purchased a new stake in shares of SeaWorld Entertainment in the fourth quarter valued at approximately $31,000. Cerebellum GP LLC grew its position in shares of SeaWorld Entertainment by 10.1% in the fourth quarter. Cerebellum GP LLC now owns 6,505 shares of the company’s stock valued at $144,000 after purchasing an additional 596 shares in the last quarter. Enlightenment Research LLC purchased a new stake in shares of SeaWorld Entertainment in the fourth quarter valued at approximately $38,000. Finally, Vanguard Group Inc. grew its position in shares of SeaWorld Entertainment by 14.8% in the third quarter. Vanguard Group Inc. now owns 5,533,302 shares of the company’s stock valued at $173,912,000 after purchasing an additional 714,774 shares in the last quarter. 84.52% of the stock is owned by institutional investors and hedge funds.

SEAS has been the subject of a number of analyst reports. Wells Fargo & Co upgraded SeaWorld Entertainment from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a research report on Thursday, January 17th. Citigroup upped their price target on SeaWorld Entertainment from $20.00 to $21.00 and gave the company a “sell” rating in a research report on Wednesday, December 19th. Zacks Investment Research upgraded SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research report on Saturday, January 19th. KeyCorp increased their price objective on SeaWorld Entertainment from $35.00 to $37.00 and gave the stock an “overweight” rating in a research report on Friday, March 1st. Finally, Wedbush increased their price objective on SeaWorld Entertainment from $25.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, March 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $32.31.

Shares of SeaWorld Entertainment stock opened at $24.17 on Thursday. The company has a market capitalization of $2.00 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 2.84 and a beta of 1.48. SeaWorld Entertainment Inc has a fifty-two week low of $14.69 and a fifty-two week high of $32.47. The company has a quick ratio of 0.36, a current ratio of 0.47 and a debt-to-equity ratio of 5.64.

SeaWorld Entertainment (NYSE:SEAS) last issued its quarterly earnings data on Thursday, February 28th. The company reported ($0.13) earnings per share for the quarter, hitting the consensus estimate of ($0.13). The company had revenue of $280.00 million during the quarter, compared to analyst estimates of $276.09 million. SeaWorld Entertainment had a return on equity of 28.25% and a net margin of 3.26%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.24) earnings per share. Equities research analysts predict that SeaWorld Entertainment Inc will post 1.24 EPS for the current year.

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About SeaWorld Entertainment

SeaWorld Entertainment, Inc, together with its subsidiaries, operates as 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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Institutional Ownership by Quarter for SeaWorld Entertainment (NYSE:SEAS)

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