Sei Investments Co. increased its position in Six Flags Entertainment Corporation New (NYSE:SIX) by 270.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,064 shares of the company’s stock after buying an additional 41,642 shares during the period. Sei Investments Co. owned about 0.07% of Six Flags Entertainment Corporation New worth $3,401,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the company. Creative Planning boosted its position in Six Flags Entertainment Corporation New by 39.8% in the first quarter. Creative Planning now owns 2,218 shares of the company’s stock worth $132,000 after buying an additional 631 shares during the last quarter. State of Alaska Department of Revenue acquired a new position in Six Flags Entertainment Corporation New during the first quarter worth about $149,000. Parametrica Management Ltd acquired a new position in Six Flags Entertainment Corporation New during the second quarter worth about $205,000. World Asset Management Inc acquired a new position in Six Flags Entertainment Corporation New during the first quarter worth about $209,000. Finally, North Star Investment Management Corp. boosted its position in Six Flags Entertainment Corporation New by 120.4% in the second quarter. North Star Investment Management Corp. now owns 3,681 shares of the company’s stock worth $219,000 after buying an additional 2,011 shares during the last quarter. Hedge funds and other institutional investors own 94.54% of the company’s stock.

Shares of Six Flags Entertainment Corporation New (NYSE SIX) opened at 53.23 on Tuesday. The stock has a market capitalization of $4.55 billion, a PE ratio of 49.47 and a beta of 1.13. Six Flags Entertainment Corporation New has a one year low of $47.61 and a one year high of $65.19. The firm has a 50 day moving average price of $56.48 and a 200 day moving average price of $59.23.

Six Flags Entertainment Corporation New (NYSE:SIX) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.59 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.70 by $0.11. The business had revenue of $422.37 million during the quarter, compared to analysts’ expectations of $438.04 million. Six Flags Entertainment Corporation New had a net margin of 7.49% and a negative return on equity of 41.86%. Six Flags Entertainment Corporation New’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.64 EPS. Analysts predict that Six Flags Entertainment Corporation New will post $1.90 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 11th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a dividend yield of 4.81%. The ex-dividend date is Tuesday, August 29th. Six Flags Entertainment Corporation New’s dividend payout ratio (DPR) is 239.25%.

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A number of equities analysts recently issued reports on SIX shares. B. Riley restated a “buy” rating and set a $67.00 price objective on shares of Six Flags Entertainment Corporation New in a report on Monday, April 24th. Hilliard Lyons cut Six Flags Entertainment Corporation New from a “buy” rating to a “neutral” rating in a report on Thursday, April 27th. Stifel Nicolaus boosted their price objective on Six Flags Entertainment Corporation New from $70.00 to $73.00 and gave the company a “buy” rating in a report on Monday, May 1st. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a $69.00 price objective on shares of Six Flags Entertainment Corporation New in a report on Monday, May 1st. Finally, ValuEngine upgraded Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $66.82.

In other news, VP Lance C. Balk sold 48,998 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $57.10, for a total transaction of $2,797,785.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 6.90% of the stock is owned by insiders.

About Six Flags Entertainment Corporation New

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 19 regional theme and water parks. Its parks occupy approximately 4,500 acres of land. Its parks are located in geographically diverse markets across North America.

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Institutional Ownership by Quarter for Six Flags Entertainment Corporation New (NYSE:SIX)

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