SeaWorld Entertainment (NYSE:SEAS) Rating Reaffirmed
Macquarie reaffirmed their Outperform rating on SeaWorld Entertainment (NYSE:SEAS) in a note revealed to investors on Wednesday, 9 December.
From a total of 11 analysts covering SeaWorld Entertainment Inc (NYSE:SEAS) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 5 a ”Hold”. This means that 42% of the ratings are positive. The highest target price is $27 while the lowest target price is $18. The mean of all analyst targets is $21.55 with a 19.43% above today’s ($17.86) stock price. SeaWorld Entertainment Inc was the topic of 4 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. Bank of America downgraded shares on November 12 to “Underperform” rating. Citigroup maintained SEAS stock in a recent report from September 14 with “Buy” rating.
Approximately 413,593 shares of stock traded hands. SeaWorld Entertainment Inc (NYSE:SEAS) has declined 17.92% since May 6, 2015 and is downtrending. It has underperformed by 17.12% the S&P500.
The overall sentiment of institutions has decreased to 0.75 in Q2 2015. Its down 1.03, from 1.78 in 2015Q2. The ratio worsened, as 40 institutions have sold all the shares of SeaWorld Entertainment Inc that they owned while 63 funds have taken shares off the table. 23 funds have purchased shares for the first time while 54 added to their positions. These institutions now hold 82.94 million shares or 1.61% less than the 84.30 million shares they owned in 2015Q2.
The Fund Sheffield Asset Management L.L.C. currently is holding shares equating to 5.18% of its total portfolio in SeaWorld Entertainment Inc representing a total of 1.99 million shares. Another fund,Ibis Capital Partners Llp, is holding a total of 675,549 shares equating to 4.55% of their holdings. Additionally, Marathon Partners Equity Management Llc has a 490,000 share stake in SeaWorld Entertainment Inc which represents 3.77% of their total portfolio. The Fund, Silver Capital Management Llc, based out of New York, has also built up a stake in the stock, which represents a total of 3.32% of their total portfolio. Finally Tiger Management L.L.C., a fund which is based in the state of New York reported a total holdings of 1.38 million shares.
Insider activity is a very important aspect to track on any stock. Going back to April 2, 2015, shareholders of SeaWorld Entertainment Inc have witnessed 0 buys, and a total of 2 insider sales equating to a net activity of approximately $54,780 . Helmstedter Scott sold 1,500 shares worth approximately $27,000. D Alessandro David F sold 50,000 shares worth approximately $1.03M.
SeaWorld Entertainment, Inc. is a theme park and entertainment company. The company has a market cap of $1.60 billion. It owns or licenses a portfolio of brands including SeaWorld, Shamu and Busch Gardens. It has 44.07 P/E ratio. It has 11 destination and regional theme parks that are located across the United States.
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.” Get a free copy of the Zacks research report on SeaWorld Entertainment Inc (SEAS).