The shares were purchased at an average price of $12.72 per share, with a total value of $567,312.00.
Shares of SeaWorld Entertainment (SEAS) opened at 13.02 on Friday. The shares were bought at an average cost of $12.67 per share, for a total transaction of $4,469,976.00. Alpha Windward LLC acquired a new position in shares of SeaWorld Entertainment in the 2nd quarter valued at about $403,000. The stock was purchased at an average cost of $15.52 per share, for a total transaction of $997,936.00. Approximately 45.1% of the shares of the stock are sold short.
On Monday, June 5th, Hill Path Capital Partners Lp acquired 170,000 shares of SeaWorld Entertainment stock.
On Friday, June 2nd, Hill Path Capital Partners Lp acquired 584,000 shares of SeaWorld Entertainment stock. 1,121,886 shares of the company's stock traded hands. The stock's market cap is $1.12 billion. SeaWorld Entertainment, Inc. has a 52-week low of 11.10 and a 52-week high of 20.13. Company chares are trading at $12.98 marginally under $13.37, the 50 day moving average and quite a bit below the 200 day moving average of $16.16.
SeaWorld Entertainment (NYSE:SEAS) traded up 3.44% during midday trading on Tuesday, reaching $19.87. The business had revenue of $373.80 million during the quarter, compared to the consensus estimate of $395.24 million. SeaWorld Entertainment had a positive return on equity of 23.32% and a negative net margin of 13.95%. The company's revenue was up.7% compared to the same quarter previous year.
SeaWorld Entertainment, Inc. (SEAS) surprised the stock market in its last reported earnings when it earned $1.09 a piece versus the consensus-estimated $0.33.
COPYRIGHT VIOLATION NOTICE: "Hill Path Capital Partners Lp Acquires 417,942 Shares of SeaWorld Entertainment, Inc. (SEAS) Stock" was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of United States & worldwide trademark and copyright laws. The legal version of this report can be read at https://weekherald.com/2017/09/17/seaworld-entertainment-inc-seas-downgraded-by-valuengine-to-hold.html.
Wall Street is only getting more bullish on the stock, with 5 of analysts who cover SEAS having a buy-equivalent rating. KeyCorp initiated coverage on SeaWorld Entertainment in a research report on Wednesday, August 30th. The stock's price is $13.02 and their relative strength index (RSI) stands at 47.99. FBR & Co reiterated a "buy" rating on shares of SeaWorld Entertainment in a research note on Thursday, December 15th. (The) raised SeaWorld Entertainment from a "sell" rating to a "neutral" rating and increased their price target for the stock from $14.44 to $16.00 in a report on Tuesday, July 18th. On July 27 the stock rating was downgraded to "Neutral" from "Outperform" by analysts at Macquarie. The stock presently has an average rating of "Hold" and a consensus price target of $17.42. Sterling Capital Management LLC purchased a new stake in shares of SeaWorld Entertainment in the 2nd quarter valued at about $214,000. State of New Jersey Common Pension Fund D boosted its stake in SeaWorld Entertainment by 82.4% in the third quarter. Oppenheimer Asset Management Inc. acquired a new position in SeaWorld Entertainment during the 1st quarter worth approximately $466,000. Finally, Capital World Investors acquired a new stake in SeaWorld Entertainment during the third quarter worth $37,793,000.
SeaWorld Entertainment, Inc., launched on October 2, 2009, is a theme park and entertainment company. The Company owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens.