SeaWorld Entertainment Inc (SEAS) Shares Sold by Jennison Associates LLC

Jennison Associates LLC decreased its holdings in shares of SeaWorld Entertainment Inc (NYSE:SEAS) by 9.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 956,446 shares of the company’s stock after selling 96,824 shares during the period. Jennison Associates LLC owned 1.09% of SeaWorld Entertainment worth $21,128,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in SEAS. Vanguard Group Inc. raised its stake in SeaWorld Entertainment by 14.8% during the 3rd quarter. Vanguard Group Inc. now owns 5,533,302 shares of the company’s stock worth $173,912,000 after buying an additional 714,774 shares during the period. Vanguard Group Inc raised its stake in SeaWorld Entertainment by 14.8% during the 3rd quarter. Vanguard Group Inc now owns 5,533,302 shares of the company’s stock worth $173,912,000 after buying an additional 714,774 shares during the period. Renaissance Technologies LLC raised its stake in SeaWorld Entertainment by 1,898.1% during the 3rd quarter. Renaissance Technologies LLC now owns 1,180,900 shares of the company’s stock worth $37,116,000 after buying an additional 1,121,800 shares during the period. Rothschild & Co. Asset Management US Inc. raised its stake in SeaWorld Entertainment by 7.5% during the 4th quarter. Rothschild & Co. Asset Management US Inc. now owns 1,096,967 shares of the company’s stock worth $24,232,000 after buying an additional 76,802 shares during the period. Finally, Emerald Advisers Inc. PA raised its stake in SeaWorld Entertainment by 14.2% during the 3rd quarter. Emerald Advisers Inc. PA now owns 1,074,433 shares of the company’s stock worth $33,769,000 after buying an additional 133,560 shares during the period. Institutional investors own 79.09% of the company’s stock.

A number of research analysts recently weighed in on SEAS shares. Zacks Investment Research raised SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research note on Saturday, January 19th. ValuEngine downgraded SeaWorld Entertainment from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 20th. KeyCorp set a $35.00 price target on SeaWorld Entertainment and gave the stock a “buy” rating in a research note on Monday, December 17th. Wells Fargo & Co raised SeaWorld Entertainment from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a research note on Thursday, January 17th. Finally, Citigroup increased their price objective on SeaWorld Entertainment from $20.00 to $21.00 and gave the stock a “sell” rating in a research note on Wednesday, December 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $30.40.

Shares of SeaWorld Entertainment stock opened at $25.74 on Friday. The company has a market capitalization of $2.28 billion, a PE ratio of 37.09 and a beta of 1.48. SeaWorld Entertainment Inc has a 52 week low of $13.87 and a 52 week high of $32.47. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.81 and a quick ratio of 0.69.

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SeaWorld Entertainment Profile

SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates marine-life theme park under the SeaWorld brand in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; and water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego.

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

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