SeaWorld Entertainment, Inc. (NYSE:SEAS) Director Timothy Hartnett acquired 2,500 shares of SeaWorld Entertainment stock in a transaction on Tuesday, November 23rd. The stock was acquired at an average price of $65.00 per share, with a total value of $162,500.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.
NYSE:SEAS opened at $66.34 on Thursday. The business’s 50-day moving average price is $61.43 and its two-hundred day moving average price is $54.58. SeaWorld Entertainment, Inc. has a twelve month low of $27.06 and a twelve month high of $70.48. The stock has a market cap of $5.13 billion, a P/E ratio of 38.57 and a beta of 2.31.
SeaWorld Entertainment (NYSE:SEAS) last released its quarterly earnings results on Tuesday, November 9th. The company reported $1.28 earnings per share for the quarter, missing the consensus estimate of $1.71 by ($0.43). SeaWorld Entertainment had a net margin of 10.84% and a negative return on equity of 204.37%. The business had revenue of $521.21 million during the quarter, compared to analysts’ expectations of $536.55 million. During the same period in the previous year, the business earned ($0.96) EPS. The business’s revenue was up 391.2% on a year-over-year basis. As a group, equities analysts expect that SeaWorld Entertainment, Inc. will post 3.01 earnings per share for the current fiscal year.
Several large investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC bought a new position in shares of SeaWorld Entertainment during the 3rd quarter valued at about $66,000. Macquarie Group Ltd. increased its position in shares of SeaWorld Entertainment by 338.0% during the 2nd quarter. Macquarie Group Ltd. now owns 1,914 shares of the company’s stock valued at $96,000 after purchasing an additional 1,477 shares during the last quarter. Dark Forest Capital Management LP bought a new position in shares of SeaWorld Entertainment during the 3rd quarter valued at about $112,000. Convergence Investment Partners LLC bought a new position in shares of SeaWorld Entertainment during the 2nd quarter valued at about $185,000. Finally, Strs Ohio bought a new position in shares of SeaWorld Entertainment during the 3rd quarter valued at about $199,000. 99.05% of the stock is currently owned by hedge funds and other institutional investors.
SeaWorld Entertainment Company Profile
SeaWorld Entertainment, Inc is a holding company, which engages in the ownership and operation of theme parks. It operates through the following brands: SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.
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