38,804 Shares in SeaWorld Entertainment, Inc. (SEAS) Purchased by FDx Advisors Inc.

FDx Advisors Inc. acquired a new position in SeaWorld Entertainment, Inc. (NYSE:SEAS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 38,804 shares of the company’s stock, valued at approximately $504,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. HighTower Advisors LLC boosted its holdings in shares of SeaWorld Entertainment by 0.3% in the second quarter. HighTower Advisors LLC now owns 53,472 shares of the company’s stock worth $867,000 after buying an additional 144 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of SeaWorld Entertainment by 1.4% in the second quarter. The Manufacturers Life Insurance Company now owns 52,691 shares of the company’s stock worth $857,000 after buying an additional 745 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of SeaWorld Entertainment by 3.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 26,292 shares of the company’s stock worth $428,000 after buying an additional 770 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of SeaWorld Entertainment by 1.7% in the first quarter. Legal & General Group Plc now owns 79,755 shares of the company’s stock worth $1,458,000 after buying an additional 1,352 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its holdings in shares of SeaWorld Entertainment by 1.4% in the second quarter. TIAA CREF Investment Management LLC now owns 185,304 shares of the company’s stock worth $3,015,000 after buying an additional 2,500 shares during the last quarter. 93.34% of the stock is currently owned by institutional investors.



ILLEGAL ACTIVITY WARNING: This piece was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://ledgergazette.com/2017/11/19/38804-shares-in-seaworld-entertainment-inc-seas-purchased-by-fdx-advisors-inc.html.

A number of equities research analysts have commented on the stock. TheStreet cut shares of SeaWorld Entertainment from a “c-” rating to a “d” rating in a research note on Tuesday, August 8th. 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, October 5th. FBR & Co cut shares of SeaWorld Entertainment from an “outperform” rating to a “market perform” rating and set a $15.00 target price on the stock. in a research note on Thursday, August 3rd. BidaskClub upgraded shares of SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a research note on Friday, November 10th. Finally, Macquarie cut shares of SeaWorld Entertainment from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $22.00 to $15.00 in a research note on Thursday, July 27th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $15.82.

In other news, major shareholder Hill Path Capital Partners Co- acquired 320,627 shares of the company’s stock in a transaction on 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Hill Path Capital Partners Lp acquired 337,000 shares of the company’s stock in a transaction on Thursday, August 24th. The shares were purchased at an average cost of $13.32 per share, with a total value of $4,488,840.00. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 1,075,569 shares of company stock valued at $14,287,131. 3.40% of the stock is currently owned by insiders.

Shares of SeaWorld Entertainment, Inc. (NYSE SEAS) opened at $11.82 on Friday. The stock has a market cap of $1,068.95, a P/E ratio of 12.71 and a beta of 0.73. The company has a current ratio of 0.57, a quick ratio of 0.45 and a debt-to-equity ratio of 5.04. SeaWorld Entertainment, Inc. has a 1 year low of $10.79 and a 1 year high of $20.13.

SeaWorld Entertainment (NYSE:SEAS) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.14). SeaWorld Entertainment had a negative net margin of 15.32% and a positive return on equity of 22.94%. The company had revenue of $437.70 million for the quarter, compared to the consensus estimate of $453.58 million. During the same quarter in the previous year, the business earned $0.77 EPS. The company’s quarterly revenue was down 9.8% on a year-over-year basis. sell-side analysts expect that SeaWorld Entertainment, Inc. will post -2.27 EPS for the current year.

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.

Want to see what other hedge funds are holding SEAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SeaWorld Entertainment, Inc. (NYSE:SEAS).

Institutional Ownership by Quarter 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 MarketBeat.com's FREE daily email newsletter.

Leave a Reply