Group One Trading buys $37,585,904 stake in SeaWorld Entertainment Inc (SEAS)

SeaWorld Entertainment Inc (SEAS) : Group One Trading scooped up 2,583,729 additional shares in SeaWorld Entertainment Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 2,817,534 shares of SeaWorld Entertainment Inc which is valued at $37,585,904.SeaWorld Entertainment Inc makes up approximately 3.26% of Group One Trading’s portfolio.

Other Hedge Funds, Including , Spark Investment Management sold out all of its stake in SEAS during the most recent quarter. The investment firm sold 41,800 shares of SEAS which is valued $557,612. Martingale Asset Management L P sold out all of its stake in SEAS during the most recent quarter. The investment firm sold 39,817 shares of SEAS which is valued $531,159.Mycio Wealth Partners boosted its stake in SEAS in the latest quarter, The investment management firm added 91 additional shares and now holds a total of 184 shares of SeaWorld Entertainment Inc which is valued at $2,455. Tower Research Capital (trc) added SEAS to its portfolio by purchasing 1,413 company shares during the most recent quarter which is valued at $18,849. 1st Global Advisors added SEAS to its portfolio by purchasing 15,196 company shares during the most recent quarter which is valued at $238,273. SeaWorld Entertainment Inc makes up approx 0.03% of 1st Global Advisors’s portfolio.

SeaWorld Entertainment Inc (SEAS) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $13.01 and reached the intraday high at $13.1. The bulls started the profit booking and pushed the shares to intraday low of $12.88. The trading session was marked by a volume range of 12,57,109 shares exchanging hands. The 52-week high of the shares is $21.845 and the 52-week low is $12.58. The market cap of the company stands at $1,157 M and there are 8,88,56,649 shares in public circulation.

On the company’s financial health, SeaWorld Entertainment Inc reported $0.21 EPS for the quarter, based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus estimate of $0.21. The company had revenue of $371.10 million for the quarter, compared to analysts expectations of $375.16 million. The company’s revenue was down -5.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on SeaWorld Entertainment Inc. Shares were Reiterated by Barclays on Aug 16, 2016 to “Underweight” and Lowered the Price Target to $ 12 from a previous price target of $16 .SeaWorld Entertainment Inc was Upgraded by Credit Suisse to ” Neutral” on Aug 11, 2016. Shares were Reiterated by FBR Capital on Aug 5, 2016 to “Outperform” and Lowered the Price Target to $ 15 from a previous price target of $23 .

SeaWorld Entertainment Inc. (SeaWorld) is a theme park and entertainment company. It owns or licenses a portfolio of brands including SeaWorld Shamu and Busch Gardens. It has 11 destination and regional theme parks that are located across the United States. Its theme parks feature an array of rides shows and other attractions. The Company operates SeaWorld theme parks in Orlando Florida; San Antonio Texas and San Diego California and Busch Gardens theme parks in Tampa Florida and Williamsburg Virginia. The Company operates water park attractions in Orlando Florida (Aquatica); San Diego California (Aquatica); Tampa Florida (Adventure Island) and Williamsburg Virginia (Water Country USA). The Company also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne Pennsylvania (Sesame Place).

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