SeaWorld Entertainment, Inc. (NYSE:SEAS) was the recipient of some unusual options trading on Wednesday. Investors bought 32,758 call options on the company. This is an increase of approximately 1,071% compared to the average daily volume of 2,797 call options.

Shares of SeaWorld Entertainment (SEAS) opened at 13.29 on Friday. The company’s 50-day moving average price is $12.94 and its 200-day moving average price is $15.52. SeaWorld Entertainment has a one year low of $11.10 and a one year high of $20.13. The company’s market capitalization is $1.14 billion.

SeaWorld Entertainment (NYSE:SEAS) last issued its earnings results on Tuesday, August 8th. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $0.32 by $0.77. SeaWorld Entertainment had a positive return on equity of 23.32% and a negative net margin of 13.95%. The business had revenue of $373.80 million for the quarter, compared to the consensus estimate of $395.24 million. During the same period last year, the business posted $0.21 EPS. The company’s revenue was up .7% compared to the same quarter last year. On average, equities research analysts predict that SeaWorld Entertainment will post ($1.72) earnings per share for the current year.

A number of brokerages have commented on SEAS. Janney Montgomery Scott reissued a “buy” rating on shares of SeaWorld Entertainment in a research note on Friday. FBR & Co reissued a “hold” rating and issued a $14.00 price objective on shares of SeaWorld Entertainment in a research note on Thursday. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $12.00 price objective on shares of SeaWorld Entertainment in a research note on Thursday. BidaskClub raised SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a research note on Thursday. Finally, Citigroup Inc. reissued a “neutral” rating and issued a $14.00 price objective (down previously from $15.00) on shares of SeaWorld Entertainment in a research note on Friday, September 15th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $16.70.

In other news, major shareholder Hill Path Capital Partners Co- acquired 320,627 shares of SeaWorld Entertainment stock in a transaction on Monday, August 21st. The stock was purchased at an average price of $13.21 per share, with a total value of $4,235,482.67. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Hill Path Capital Partners Lp acquired 44,600 shares of SeaWorld Entertainment stock in a transaction on Tuesday, August 15th. The stock was purchased at an average cost of $12.72 per share, with a total value of $567,312.00. The disclosure for this purchase can be found here. Insiders acquired 1,472,969 shares of company stock valued at $19,324,419 in the last three months. Insiders own 3.40% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Hill Path Capital LP boosted its stake in SeaWorld Entertainment by 172.8% during the 2nd quarter. Hill Path Capital LP now owns 12,024,537 shares of the company’s stock valued at $195,639,000 after purchasing an additional 7,616,675 shares during the last quarter. Vanguard Group Inc. boosted its stake in SeaWorld Entertainment by 3.7% during the 2nd quarter. Vanguard Group Inc. now owns 5,552,907 shares of the company’s stock valued at $90,345,000 after purchasing an additional 197,177 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in SeaWorld Entertainment by 1.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,839,176 shares of the company’s stock valued at $46,194,000 after purchasing an additional 43,358 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its stake in SeaWorld Entertainment by 6.1% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 2,800,000 shares of the company’s stock valued at $45,556,000 after purchasing an additional 160,000 shares during the last quarter. Finally, State Street Corp boosted its stake in SeaWorld Entertainment by 6.6% during the 2nd quarter. State Street Corp now owns 1,308,842 shares of the company’s stock valued at $21,292,000 after purchasing an additional 80,617 shares during the last quarter. Institutional investors and hedge funds own 89.33% of the company’s stock.

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About SeaWorld Entertainment

SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. As of December 31, 2016, the Company had a diversified portfolio of 12 destination and regional theme parks that are located across the United States.

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