FBR & Co restated their hold rating on shares of SeaWorld Entertainment, Inc. (NYSE:SEAS) in a research report report published on Thursday morning. They currently have a $14.00 price objective on the stock.

Several other brokerages also recently weighed in on SEAS. Goldman Sachs Group, Inc. (The) restated a neutral rating and set a $12.00 target price on shares of SeaWorld Entertainment in a research note on Thursday. BidaskClub upgraded SeaWorld Entertainment from a strong sell rating to a sell rating in a research note on Thursday. Citigroup Inc. restated a neutral rating and set a $14.00 target price (down from $15.00) on shares of SeaWorld Entertainment in a research note on Friday, September 15th. ValuEngine downgraded SeaWorld Entertainment from a buy rating to a hold rating in a research note on Friday, September 1st. Finally, KeyCorp assumed coverage on SeaWorld Entertainment in a research note on Wednesday, August 30th. They set an overweight rating on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. The company has an average rating of Hold and a consensus price target of $16.70.

Shares of SeaWorld Entertainment (NYSE SEAS) opened at 13.29 on Thursday. SeaWorld Entertainment has a 12-month low of $11.10 and a 12-month high of $20.13. The company’s market capitalization is $1.14 billion. The firm has a 50-day moving average price of $12.94 and a 200 day moving average price of $15.52.

SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ 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 business’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.

COPYRIGHT VIOLATION NOTICE: “SeaWorld Entertainment’s (SEAS) “Hold” Rating Reiterated at FBR & Co” was originally published by Watch List News and is owned by of Watch List News. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.watchlistnews.com/seaworld-entertainments-seas-hold-rating-reiterated-at-fbr-co/1617205.html.

In related news, major shareholder Hill Path Capital Partners Lp acquired 337,000 shares of the firm’s stock in a transaction dated Thursday, August 24th. The stock was acquired at an average price of $13.32 per share, with a total value of $4,488,840.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Hill Path Capital Partners Co- acquired 320,627 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was bought at an average cost of $13.21 per share, with a total value of $4,235,482.67. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 1,472,969 shares of company stock valued at $19,324,419. 3.40% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the company. Sterling Capital Management LLC acquired a new position in shares of SeaWorld Entertainment in the 2nd quarter valued at about $214,000. Alpha Windward LLC acquired a new position in shares of SeaWorld Entertainment in the 2nd quarter valued at about $403,000. Oppenheimer Asset Management Inc. acquired a new position in shares of SeaWorld Entertainment in the 1st quarter valued at about $466,000. Eqis Capital Management Inc. acquired a new position in shares of SeaWorld Entertainment in the 3rd quarter valued at about $332,000. Finally, Paloma Partners Management Co acquired a new position in shares of SeaWorld Entertainment in the 1st quarter valued at about $486,000. 89.33% of the stock is owned by institutional investors and hedge funds.

SeaWorld Entertainment Company Profile

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.

Analyst Recommendations for SeaWorld Entertainment (NYSE:SEAS)

Receive News & Ratings for SeaWorld Entertainment Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SeaWorld Entertainment Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.