SeaWorld Entertainment (NYSE:SEAS) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of SeaWorld Entertainment (NYSE:SEAS) in a research note released on Monday morning. The firm issued a hold rating on the stock.

Several other brokerages have also issued reports on SEAS. Morgan Stanley lowered SeaWorld Entertainment from an overweight rating to an equal weight rating and lowered their price target for the company from $60.00 to $57.00 in a research note on Thursday, December 14th. Truist Financial boosted their price objective on SeaWorld Entertainment from $58.00 to $60.00 and gave the company a buy rating in a research report on Tuesday, January 9th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, SeaWorld Entertainment has an average rating of Moderate Buy and a consensus price target of $64.40.

SeaWorld Entertainment Price Performance

The company’s 50 day moving average is $50.56 and its 200-day moving average is $48.67. SeaWorld Entertainment has a 52-week low of $40.87 and a 52-week high of $68.19. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 13.34 and a beta of 1.82.

Hedge Funds Weigh In On SeaWorld Entertainment

Hedge funds have recently modified their holdings of the stock. MetLife Investment Management LLC lifted its holdings in shares of SeaWorld Entertainment by 1.0% during the second quarter. MetLife Investment Management LLC now owns 20,992 shares of the company’s stock valued at $1,176,000 after acquiring an additional 213 shares during the period. Principal Financial Group Inc. lifted its holdings in SeaWorld Entertainment by 5.1% during the 2nd quarter. Principal Financial Group Inc. now owns 4,684 shares of the company’s stock valued at $262,000 after purchasing an additional 226 shares during the last quarter. Captrust Financial Advisors boosted its position in SeaWorld Entertainment by 3.2% in the third quarter. Captrust Financial Advisors now owns 7,705 shares of the company’s stock valued at $351,000 after buying an additional 239 shares in the last quarter. Royal Bank of Canada grew its stake in SeaWorld Entertainment by 2.7% during the third quarter. Royal Bank of Canada now owns 13,252 shares of the company’s stock worth $603,000 after buying an additional 344 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of SeaWorld Entertainment by 0.8% in the first quarter. Rhumbline Advisers now owns 62,120 shares of the company’s stock valued at $3,809,000 after acquiring an additional 493 shares during the last quarter.

SeaWorld Entertainment Company Profile

SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. It 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.