Oppenheimer Asset Management Inc. lifted its holdings in shares of SeaWorld Entertainment, Inc. (NYSE:SEAS) by 3.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,292 shares of the company’s stock after purchasing an additional 770 shares during the period. Oppenheimer Asset Management Inc.’s holdings in SeaWorld Entertainment were worth $428,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Legal & General Group Plc increased its stake in shares of SeaWorld Entertainment by 1.7% during the 1st quarter. Legal & General Group Plc now owns 79,755 shares of the company’s stock worth $1,458,000 after purchasing an additional 1,352 shares in the last quarter. Rhumbline Advisers increased its stake in shares of SeaWorld Entertainment by 3.4% during the 2nd quarter. Rhumbline Advisers now owns 78,207 shares of the company’s stock worth $1,272,000 after purchasing an additional 2,541 shares in the last quarter. American International Group Inc. increased its stake in shares of SeaWorld Entertainment by 7.1% during the 1st quarter. American International Group Inc. now owns 41,203 shares of the company’s stock worth $753,000 after purchasing an additional 2,730 shares in the last quarter. Teachers Advisors LLC increased its stake in shares of SeaWorld Entertainment by 2.7% during the 4th quarter. Teachers Advisors LLC now owns 108,812 shares of the company’s stock worth $2,060,000 after purchasing an additional 2,882 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of SeaWorld Entertainment by 2.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 589,499 shares of the company’s stock worth $9,591,000 after purchasing an additional 12,371 shares in the last quarter. 89.34% of the stock is owned by institutional investors and hedge funds.

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In related news, major shareholder Hill Path Capital Partners Lp acquired 54,500 shares of the company’s stock in a transaction on Tuesday, June 27th. The shares were purchased at an average price of $15.54 per share, for a total transaction of $846,930.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Hill Path Capital Partners Co- acquired 19,600 shares of the company’s stock in a transaction on Thursday, July 6th. The stock was bought at an average price of $15.25 per share, for a total transaction of $298,900.00. The disclosure for this purchase can be found here. Insiders have bought 1,611,369 shares of company stock worth $21,468,185 in the last 90 days. 3.40% of the stock is owned by company insiders.

SeaWorld Entertainment, Inc. (SEAS) opened at 13.02 on Friday. The firm has a 50 day moving average of $13.32 and a 200-day moving average of $16.12. SeaWorld Entertainment, Inc. has a one year low of $11.10 and a one year high of $20.13. The firm’s market cap is $1.12 billion.

SeaWorld Entertainment (NYSE:SEAS) last released 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 negative net margin of 13.95% and a positive return on equity of 23.32%. The business had revenue of $373.80 million for the quarter, compared to analyst estimates of $395.24 million. During the same quarter in the previous year, the business earned $0.21 earnings per share. The firm’s revenue was up .7% compared to the same quarter last year. Equities research analysts forecast that SeaWorld Entertainment, Inc. will post ($1.13) EPS for the current fiscal year.

SEAS has been the subject of a number of recent research reports. Stifel Nicolaus reissued a “buy” rating and set a $23.00 price objective on shares of SeaWorld Entertainment in a research note on Wednesday, May 24th. ValuEngine upgraded shares of SeaWorld Entertainment from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub lowered shares of SeaWorld Entertainment from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 14th. Janney Montgomery Scott restated a “buy” rating and set a $25.00 target price on shares of SeaWorld Entertainment in a research report on Friday, June 16th. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of SeaWorld Entertainment from a “sell” rating to a “neutral” rating and raised their target price for the stock from $14.44 to $16.00 in a research report on Tuesday, July 18th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $17.42.

SeaWorld Entertainment 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.

Institutional Ownership by Quarter for SeaWorld Entertainment (NYSE:SEAS)

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