ClariVest Asset Management LLC Invests $3.46 Million in SeaWorld Entertainment Inc (SEAS) Stock

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ClariVest Asset Management LLC purchased a new position in shares of SeaWorld Entertainment Inc (NYSE:SEAS) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 156,743 shares of the company’s stock, valued at approximately $3,463,000. ClariVest Asset Management LLC owned 0.18% of SeaWorld Entertainment as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of the stock. Renaissance Technologies LLC acquired a new stake in shares of SeaWorld Entertainment in the second quarter valued at approximately $1,290,000. Bank of America Corp DE raised its stake in shares of SeaWorld Entertainment by 614.4% during the second quarter. Bank of America Corp DE now owns 198,255 shares of the company’s stock worth $4,326,000 after purchasing an additional 170,504 shares during the last quarter. Bank of Montreal Can raised its stake in shares of SeaWorld Entertainment by 85.1% during the third quarter. Bank of Montreal Can now owns 7,290 shares of the company’s stock worth $229,000 after purchasing an additional 3,352 shares during the last quarter. Seven Eight Capital LP purchased a new stake in shares of SeaWorld Entertainment during the third quarter worth approximately $3,529,000. Finally, Cornerstone Wealth Management LLC purchased a new stake in shares of SeaWorld Entertainment during the third quarter worth approximately $500,000. Institutional investors and hedge funds own 78.25% of the company’s stock.

Several equities research analysts have recently commented on SEAS shares. Zacks Investment Research upgraded SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research note on Saturday, January 19th. ValuEngine cut 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 upgraded SeaWorld Entertainment from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a research note on Thursday, January 17th. Finally, Citigroup upped their price target 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 equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $30.40.

NYSE:SEAS opened at $24.82 on Thursday. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of 118.19 and a beta of 1.48. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.81 and a quick ratio of 0.69. SeaWorld Entertainment Inc has a 1 year low of $13.87 and a 1 year high of $32.47.

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SeaWorld Entertainment Company 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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