Bokf Na lowered its stake in Six Flags Entertainment Corp (NYSE:SIX) by 44.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 52,467 shares of the company’s stock after selling 42,310 shares during the quarter. Bokf Na owned about 0.06% of Six Flags Entertainment worth $2,919,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of SIX. Capital World Investors acquired a new stake in shares of Six Flags Entertainment in the third quarter valued at about $167,568,000. Oregon Public Employees Retirement Fund grew its stake in shares of Six Flags Entertainment by 5,463.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,564,983 shares of the company’s stock valued at $28,000 after buying an additional 1,536,851 shares in the last quarter. Westfield Capital Management Co. LP grew its stake in Six Flags Entertainment by 2,852.4% during the 4th quarter. Westfield Capital Management Co. LP now owns 1,033,017 shares of the company’s stock valued at $57,467,000 after purchasing an additional 998,028 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Six Flags Entertainment by 16.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,020,972 shares of the company’s stock valued at $141,104,000 after purchasing an additional 288,077 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its stake in Six Flags Entertainment by 7,300.8% during the 3rd quarter. Rehmann Capital Advisory Group now owns 208,703 shares of the company’s stock valued at $2,989,000 after purchasing an additional 205,883 shares in the last quarter. Institutional investors and hedge funds own 90.25% of the company’s stock.

Shares of NYSE SIX opened at $51.42 on Friday. Six Flags Entertainment Corp has a fifty-two week low of $49.14 and a fifty-two week high of $73.38. The company has a market cap of $4.32 billion, a price-to-earnings ratio of 15.92 and a beta of 1.16.

Six Flags Entertainment (NYSE:SIX) last released its earnings results on Thursday, February 14th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.65. Six Flags Entertainment had a negative return on equity of 43.77% and a net margin of 18.86%. The company had revenue of $269.50 million for the quarter, compared to the consensus estimate of $284.50 million. During the same quarter last year, the business posted $1.14 EPS. Six Flags Entertainment’s quarterly revenue was up 5.0% compared to the same quarter last year. Equities research analysts forecast that Six Flags Entertainment Corp will post 2.8 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, March 4th. Shareholders of record on Monday, February 18th were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 6.38%. The ex-dividend date of this dividend was Thursday, February 14th. Six Flags Entertainment’s dividend payout ratio is presently 101.55%.

In other Six Flags Entertainment news, CFO Marshall Barber sold 1,275 shares of the stock in a transaction that occurred on Friday, February 22nd. The stock was sold at an average price of $56.48, for a total transaction of $72,012.00. Following the transaction, the chief financial officer now owns 82,722 shares of the company’s stock, valued at approximately $4,672,138.56. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Brett Petit sold 27,750 shares of the stock in a transaction that occurred on Wednesday, January 16th. The stock was sold at an average price of $63.00, for a total value of $1,748,250.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 29,139 shares of company stock worth $1,827,495. 5.50% of the stock is currently owned by company insiders.

A number of equities research analysts have weighed in on the company. Zacks Investment Research lowered Six Flags Entertainment from a “buy” rating to a “hold” rating in a research note on Friday, March 8th. Oppenheimer lowered their price objective on Six Flags Entertainment from $80.00 to $68.00 in a research note on Thursday, January 17th. ValuEngine lowered Six Flags Entertainment from a “hold” rating to a “sell” rating in a research note on Thursday, February 14th. TheStreet lowered Six Flags Entertainment from a “b-” rating to a “c+” rating in a research note on Thursday, March 7th. Finally, Berenberg Bank assumed coverage on Six Flags Entertainment in a research note on Wednesday, December 12th. They set a “buy” rating and a $70.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $66.11.

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Six Flags Entertainment Company Profile

Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags brand name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 20 parks, including 17 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.

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

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