The stock of SeaWorld Entertainment Inc (NYSE:SEAS) is a huge mover today! About 1.84 million shares traded hands or 36.30% up from the average. SeaWorld Entertainment Inc (NYSE:SEAS) has declined 31.65% since April 5, 2016 and is downtrending. It has underperformed by 33.61% the S&P500.
The move comes after 7 months positive chart setup for the $1.34 billion company. It was reported on Nov, 8 by Barchart.com. We have $23.17 PT which if reached, will make NYSE:SEAS worth $737.00M more.
SeaWorld Entertainment Inc (NYSE:SEAS) Ratings Coverage
Out of 11 analysts covering SeaWorld Entertainment Inc (NYSE:SEAS), 4 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 36% are positive. SeaWorld Entertainment Inc has been the topic of 19 analyst reports since August 7, 2015 according to StockzIntelligence Inc. As per Friday, August 5, the company rating was downgraded by Macquarie Research. Bank of America downgraded it to “Underperform” rating and $19 target price in Thursday, November 12 report. FBR Capital maintained it with “Outperform” rating and $15 target price in Friday, August 5 report. The company was maintained on Friday, September 2 by Dougherty & Company. The firm earned “Outperform” rating on Tuesday, December 22 by FBR Capital. On Thursday, September 22 the stock rating was upgraded by Citigroup to “Buy”. The stock has “Underperform” rating given by Credit Suisse on Wednesday, May 11. The stock has “Outperform” rating given by Macquarie Research on Wednesday, December 9. The firm earned “Buy” rating on Monday, September 14 by Citigroup. Citigroup downgraded SeaWorld Entertainment Inc (NYSE:SEAS) on Friday, April 15 to “Neutral” rating.
According to Zacks Investment Research, “SeaWorld Entertainment, Inc. is a theme park and entertainment company operating primarily in the United States. The company owns and operates U.S. theme parks, including the popular SeaWorld(R), Busch Gardens(R) and Sesame Place(R) brands. SeaWorld Entertainment, Inc. is headquartered in Orlando, Florida.”
Insitutional Activity: The institutional sentiment increased to 1.2 in Q2 2016. Its up 0.19, from 1.01 in 2016Q1. The ratio increased, as 31 funds sold all SeaWorld Entertainment Inc shares owned while 40 reduced positions. 33 funds bought stakes while 52 increased positions. They now own 83.33 million shares or 15.73% more from 72.00 million shares in 2016Q1.
Ahl Prns Ltd Liability Partnership holds 0.02% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS) for 26,327 shares. Peak6 Invests Limited Partnership has invested 0.05% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS). Menta Cap Limited Liability Co last reported 0.03% of its portfolio in the stock. The New York-based Olstein L P has invested 0.74% in SeaWorld Entertainment Inc (NYSE:SEAS). Babson Cap Mgmt Ltd Liability Com has invested 0.01% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS). Cubist Systematic Strategies Ltd Liability Corp holds 0.04% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS) for 42,614 shares. Nordea Ab holds 0.01% or 120,700 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0% or 1,617 shares. Moreover, Jennison Ltd Liability Com has 0.06% invested in SeaWorld Entertainment Inc (NYSE:SEAS) for 4.07 million shares. Symons Mngmt reported 17,765 shares or 0.06% of all its holdings. The Colorado-based Asset Management has invested 0.01% in SeaWorld Entertainment Inc (NYSE:SEAS). Parametric Portfolio Associate Ltd Limited Liability Company reported 237,036 shares or 0.01% of all its holdings. Walthausen & Ltd Llc holds 1.5% of its portfolio in SeaWorld Entertainment Inc (NYSE:SEAS) for 1.01 million shares. State Of New Jersey Common Pension Fund D, a New Jersey-based fund reported 1.70M shares. Westport Advisers Limited Liability Corporation, a Connecticut-based fund reported 155,000 shares.
More recent SeaWorld Entertainment Inc (NYSE:SEAS) news were published by: Prnewswire.com which released: “SeaWorld Entertainment, Inc. Reports Third Quarter 2016 Results” on November 08, 2016. Also Reuters.com published the news titled: “BRIEF-Seaworld Entertainment Inc reports third quarter 2016 results” on November 08, 2016. Equitiesfocus.com‘s news article titled: “SeaWorld Entertainment, Inc. (NYSE:SEAS) Short-Term Price Target At $14.17” with publication date: November 07, 2016 was also an interesting one.
SEAS Company Profile
SeaWorld Entertainment, Inc., incorporated on October 2, 2009, is a theme park and entertainment company. It owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. It has a diversified portfolio of approximately 10 destination and regional theme parks that are located across the United States. The Company’s theme parks feature a range of rides, shows and other attractions. The Firm operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas, and San Diego, California, and Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. The Firm operates water park attractions in Orlando, Florida (Aquatica); San Diego, California (Aquatica); Tampa, Florida (Adventure Island), and Williamsburg, Virginia (Water Country USA). The Firm also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne, Pennsylvania (Sesame Place).
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