Six Flags Entertainment Corp. (NYSE:SIX) CFO Marshall Barber sold 6,424 shares of Six Flags Entertainment Corp. stock in a transaction on Tuesday, November 8th. The stock was sold at an average price of $57.00, for a total transaction of $366,168.00. Following the sale, the chief financial officer now directly owns 88,036 shares of the company’s stock, valued at $5,018,052. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Six Flags Entertainment Corp. (NYSE:SIX) opened at 56.17 on Monday. The stock’s 50 day moving average is $53.51 and its 200-day moving average is $55.14. Six Flags Entertainment Corp. has a 52 week low of $45.24 and a 52 week high of $62.69. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of 45.70 and a beta of 1.17.

Six Flags Entertainment Corp. (NYSE:SIX) last released its quarterly earnings results on Wednesday, October 26th. The company reported $1.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.65 by $0.56. The firm had revenue of $558 million for the quarter, compared to analyst estimates of $586.44 million. Six Flags Entertainment Corp. had a net margin of 9.14% and a negative return on equity of 297.44%. Six Flags Entertainment Corp.’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.64 earnings per share. On average, equities research analysts expect that Six Flags Entertainment Corp. will post $1.30 EPS for the current year.

Insider Buying and Selling by Quarter for Six Flags Entertainment Corp. (NYSE:SIX)

The company also recently declared a quarterly dividend, which will be paid on Monday, December 12th. Investors of record on Thursday, December 1st will be issued a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 4.56%. This is a positive change from Six Flags Entertainment Corp.’s previous quarterly dividend of $0.58. The ex-dividend date is Tuesday, November 29th. Six Flags Entertainment Corp.’s dividend payout ratio (DPR) is presently 185.60%.

A number of large investors have recently added to or reduced their stakes in SIX. Wedge Capital Management L L P NC increased its position in Six Flags Entertainment Corp. by 13.2% in the second quarter. Wedge Capital Management L L P NC now owns 16,100 shares of the company’s stock worth $269,000 after buying an additional 1,883 shares during the period. Renaissance Technologies LLC increased its position in Six Flags Entertainment Corp. by 105.9% in the first quarter. Renaissance Technologies LLC now owns 563,400 shares of the company’s stock worth $31,263,000 after buying an additional 289,800 shares during the period. Calamos Advisors LLC bought a new position in Six Flags Entertainment Corp. during the second quarter worth approximately $37,670,000. BlackRock Group LTD increased its position in Six Flags Entertainment Corp. by 33.1% in the first quarter. BlackRock Group LTD now owns 54,981 shares of the company’s stock worth $3,052,000 after buying an additional 13,658 shares during the period. Finally, State Street Corp increased its position in Six Flags Entertainment Corp. by 2.7% in the first quarter. State Street Corp now owns 991,660 shares of the company’s stock worth $55,026,000 after buying an additional 25,607 shares during the period. 91.72% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently issued reports on SIX. B. Riley reaffirmed a “buy” rating and set a $65.00 price objective on shares of Six Flags Entertainment Corp. in a research report on Monday, October 24th. FBR & Co boosted their price target on shares of Six Flags Entertainment Corp. from $61.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, October 27th. Janney Montgomery Scott reissued a “buy” rating and issued a $62.00 price target on shares of Six Flags Entertainment Corp. in a research report on Thursday, October 27th. TheStreet raised shares of Six Flags Entertainment Corp. from a “hold” rating to a “buy” rating in a research report on Wednesday, July 27th. Finally, Zacks Investment Research raised shares of Six Flags Entertainment Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, November 1st. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $61.80.

About Six Flags Entertainment Corp.

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 20 regional theme and water parks. Its parks occupy approximately 4,500 acres of land, and it owns approximately 800 acres of other developable land.

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