TheStreet downgraded shares of SeaWorld Entertainment (NYSE:SEAS) from a c- rating to a d+ rating in a research note released on Monday morning, TheStreetRatingsTable reports.
Several other brokerages also recently weighed in on SEAS. Zacks Investment Research downgraded SeaWorld Entertainment from a buy rating to a hold rating in a research note on Friday, June 25th. B. Riley lifted their price target on SeaWorld Entertainment from $65.00 to $72.00 and gave the stock a buy rating in a research report on Friday, May 7th. KeyCorp lifted their price target on SeaWorld Entertainment from $55.00 to $60.00 and gave the stock an overweight rating in a research report on Friday, May 7th. Finally, Stifel Nicolaus lifted their price target on SeaWorld Entertainment from $73.00 to $74.00 and gave the stock a buy rating in a research report on Thursday, July 15th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of $51.82.
Shares of NYSE:SEAS opened at $46.95 on Monday. SeaWorld Entertainment has a 12-month low of $13.91 and a 12-month high of $58.26. The firm has a fifty day moving average of $51.92. The stock has a market cap of $3.71 billion, a P/E ratio of -12.23 and a beta of 2.45.
In other SeaWorld Entertainment news, insider Christopher Dold sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, April 30th. The stock was sold at an average price of $54.65, for a total transaction of $109,300.00. Following the completion of the sale, the insider now directly owns 107,569 shares in the company, valued at approximately $5,878,645.85. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider George Anthony Taylor sold 87,943 shares of the business’s stock in a transaction that occurred on Thursday, May 27th. The stock was sold at an average price of $54.46, for a total value of $4,789,375.78. Following the sale, the insider now owns 249,754 shares of the company’s stock, valued at $13,601,602.84. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.
A number of large investors have recently bought and sold shares of SEAS. The PNC Financial Services Group Inc. purchased a new stake in SeaWorld Entertainment during the 1st quarter worth approximately $34,000. O Shaughnessy Asset Management LLC purchased a new stake in SeaWorld Entertainment during the 1st quarter worth approximately $53,000. Harvest Fund Management Co. Ltd purchased a new stake in SeaWorld Entertainment during the 1st quarter worth approximately $58,000. Simon Quick Advisors LLC increased its stake in SeaWorld Entertainment by 29.2% during the 1st quarter. Simon Quick Advisors LLC now owns 1,769 shares of the company’s stock worth $87,000 after buying an additional 400 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new stake in SeaWorld Entertainment during the 1st quarter worth approximately $212,000.
SeaWorld Entertainment Company Profile
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company 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.
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