New York State Common Retirement Fund raised its position in SeaWorld Entertainment Inc (NYSE:SEAS) by 12.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 447,893 shares of the company’s stock after purchasing an additional 51,022 shares during the period. New York State Common Retirement Fund owned 0.49% of SeaWorld Entertainment worth $5,818,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hill Path Capital LP lifted its position in shares of SeaWorld Entertainment by 12.9% during the 3rd quarter. Hill Path Capital LP now owns 13,581,406 shares of the company’s stock valued at $176,422,000 after acquiring an additional 1,556,869 shares during the period. Peregrine Capital Management LLC acquired a new position in shares of SeaWorld Entertainment during the 3rd quarter valued at $9,764,000. Penn Capital Management Co. Inc. lifted its position in shares of SeaWorld Entertainment by 39.5% during the 2nd quarter. Penn Capital Management Co. Inc. now owns 1,069,752 shares of the company’s stock valued at $17,554,000 after acquiring an additional 302,965 shares during the period. AHL Partners LLP lifted its position in shares of SeaWorld Entertainment by 60.6% during the 2nd quarter. AHL Partners LLP now owns 618,560 shares of the company’s stock valued at $10,064,000 after acquiring an additional 233,336 shares during the period. Finally, State of New Jersey Common Pension Fund D lifted its position in shares of SeaWorld Entertainment by 7.1% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 3,000,000 shares of the company’s stock valued at $38,970,000 after acquiring an additional 200,000 shares during the period. Hedge funds and other institutional investors own 96.37% of the company’s stock.

SeaWorld Entertainment Inc (SEAS) opened at $13.63 on Monday. The company has a debt-to-equity ratio of 5.04, a quick ratio of 0.45 and a current ratio of 0.57. SeaWorld Entertainment Inc has a 1-year low of $10.42 and a 1-year high of $20.13. The firm has a market cap of $1,230.00, a price-to-earnings ratio of -6.00 and a beta of 0.74.

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

A number of research analysts recently issued reports on the stock. B. Riley reiterated a “neutral” rating on shares of SeaWorld Entertainment in a research report on Wednesday, November 1st. Goldman Sachs Group reiterated a “neutral” rating and set a $12.00 target price on shares of SeaWorld Entertainment in a research report on Thursday, October 5th. BidaskClub upgraded shares of SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a report on Friday, November 10th. ValuEngine downgraded shares of SeaWorld Entertainment from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Janney Montgomery Scott restated a “buy” rating on shares of SeaWorld Entertainment in a report on Friday, October 6th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. SeaWorld Entertainment currently has an average rating of “Hold” and an average price target of $15.73.

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About SeaWorld Entertainment

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.

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Institutional Ownership by Quarter for SeaWorld Entertainment (NYSE:SEAS)

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