SeaWorld Entertainment Inc (NYSE:SEAS) had its price target raised by investment analysts at Barclays PLC from $14.00 to $16.00 in a research report issued on Friday. The brokerage currently has an “underweight” rating on the stock. Barclays PLC’s target price would suggest a potential downside of 9.60% from the stock’s previous close.

Several other brokerages have also commented on SEAS. Macquarie raised SeaWorld Entertainment from a “neutral” rating to an “outperform” rating and set a $22.00 price target on the stock in a research note on Wednesday, December 14th. FBR & Co reissued a “buy” rating on shares of SeaWorld Entertainment in a research note on Thursday, December 15th. Jefferies Group LLC reissued a “buy” rating and set a $24.00 price target on shares of SeaWorld Entertainment in a research note on Tuesday, February 21st. Janney Montgomery Scott restated a “buy” rating and set a $24.00 price objective on shares of SeaWorld Entertainment in a research report on Wednesday, March 1st. Finally, Citigroup Inc downgraded SeaWorld Entertainment from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $19.00 to $15.00 in a research report on Friday. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $17.19.

Analyst Recommendations for SeaWorld Entertainment (NYSE:SEAS)

SeaWorld Entertainment (NYSE:SEAS) opened at 17.70 on Friday. SeaWorld Entertainment has a 12 month low of $11.77 and a 12 month high of $21.84. The stock’s market capitalization is $1.51 billion. The company has a 50-day moving average price of $18.68 and a 200 day moving average price of $16.69.

SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings results on Tuesday, February 28th. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by $0.02. The firm had revenue of $267.60 million for the quarter, compared to analysts’ expectations of $268.46 million. SeaWorld Entertainment had a positive return on equity of 6.17% and a negative net margin of 0.87%. SeaWorld Entertainment’s revenue was down .1% compared to the same quarter last year. During the same period last year, the firm earned ($0.11) EPS. Equities analysts predict that SeaWorld Entertainment will post $0.75 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. Advisors Capital Management LLC increased its position in shares of SeaWorld Entertainment by 3.0% in the third quarter. Advisors Capital Management LLC now owns 689,112 shares of the company’s stock valued at $9,289,000 after buying an additional 20,266 shares during the period. Bank of New York Mellon Corp increased its position in shares of SeaWorld Entertainment by 8.3% in the third quarter. Bank of New York Mellon Corp now owns 1,066,883 shares of the company’s stock valued at $14,380,000 after buying an additional 81,745 shares during the period. First Trust Advisors LP increased its position in shares of SeaWorld Entertainment by 53.9% in the third quarter. First Trust Advisors LP now owns 43,022 shares of the company’s stock valued at $580,000 after buying an additional 15,074 shares during the period. Advisors Asset Management Inc. increased its position in shares of SeaWorld Entertainment by 744.3% in the third quarter. Advisors Asset Management Inc. now owns 347,245 shares of the company’s stock valued at $4,681,000 after buying an additional 306,119 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of SeaWorld Entertainment by 3.2% in the third quarter. Wells Fargo & Company MN now owns 3,414,509 shares of the company’s stock valued at $46,028,000 after buying an additional 105,438 shares during the period. Hedge funds and other institutional investors own 91.42% of the company’s stock.

SeaWorld Entertainment Company Profile

SeaWorld Entertainment, Inc is a theme park and entertainment company. It owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. It has a diversified portfolio of approximately 10 destination and regional theme parks that are located across the United States. Its theme parks feature a range of rides, shows and other attractions.

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