5 Best Leisure Stocks To Buy Now

3. SeaWorld Entertainment, Inc. (NYSE:SEAS)

Number of Hedge Fund Holders: 39

SeaWorld Entertainment, Inc. (NYSE:SEAS) operates as a theme park and entertainment company in the United States. It operates a portfolio of theme parks under the SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Water Country USA, Adventure Island, and Sesame Place brands. It is one of the best leisure stocks to monitor. 

Riley analyst Eric Wold on November 10 maintained a Buy rating on SeaWorld Entertainment, Inc. (NYSE:SEAS) but lowered the price target on the shares to $75 from $79. The company reported Q3 results that fell short of estimates on a delayed rebound in non-core attendance groups and ongoing inflationary and labor cost pressures, the analyst told investors. The analyst remains confident that non-core attendance will return but trimmed estimates following the third quarter.

According to Insider Monkey’s data, 39 hedge funds were bullish on SeaWorld Entertainment, Inc. (NYSE:SEAS) at the end of Q3 2022, compared to 35 funds in the prior quarter. Scott Ross’ Hill Path Capital held the largest stake in the company, comprising 27.20 million shares worth $1.2 billion. 

Follow United Parks & Resorts Inc. (NYSE:PRKS)