Rice Hall James & Associates LLC boosted its position in Six Flags Entertainment Corporation New (NYSE:SIX) by 10.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,380 shares of the company’s stock after buying an additional 1,843 shares during the period. Rice Hall James & Associates LLC’s holdings in Six Flags Entertainment Corporation New were worth $1,155,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SIX. JPMorgan Chase & Co. increased its stake in Six Flags Entertainment Corporation New by 2,062.3% in the first quarter. JPMorgan Chase & Co. now owns 249,681 shares of the company’s stock worth $14,855,000 after buying an additional 238,134 shares during the period. Renaissance Technologies LLC purchased a new stake in Six Flags Entertainment Corporation New during the fourth quarter worth $588,000. Westfield Capital Management Co. LP increased its stake in Six Flags Entertainment Corporation New by 72.5% in the first quarter. Westfield Capital Management Co. LP now owns 980,622 shares of the company’s stock worth $58,337,000 after buying an additional 412,040 shares during the period. Parametric Portfolio Associates LLC increased its stake in Six Flags Entertainment Corporation New by 20.9% in the first quarter. Parametric Portfolio Associates LLC now owns 214,016 shares of the company’s stock worth $12,732,000 after buying an additional 36,941 shares during the period. Finally, GW&K Investment Management LLC increased its stake in Six Flags Entertainment Corporation New by 2.7% in the second quarter. GW&K Investment Management LLC now owns 846,542 shares of the company’s stock worth $50,462,000 after buying an additional 22,205 shares during the period. 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 53.80 on Wednesday. The stock’s 50 day moving average price is $57.21 and its 200-day moving average price is $59.40. The firm has a market cap of $4.60 billion, a P/E ratio of 50.00 and a beta of 1.13. Six Flags Entertainment Corporation New has a 12 month low of $47.61 and a 12 month high of $65.19.

Six Flags Entertainment Corporation New (NYSE:SIX) last released its earnings results on Wednesday, July 26th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by $0.11. Six Flags Entertainment Corporation New had a negative return on equity of 41.86% and a net margin of 7.49%. The business had revenue of $422.37 million for the quarter, compared to analyst estimates of $438.04 million. During the same period in the prior year, the firm posted $0.64 EPS. Six Flags Entertainment Corporation New’s revenue was up 3.8% on a year-over-year basis. Equities research analysts anticipate that Six Flags Entertainment Corporation New will post $1.88 earnings per share for the current fiscal year.

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SIX has been the subject of a number of research analyst reports. Wedbush cut their target price on Six Flags Entertainment Corporation New from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Thursday, June 8th. ValuEngine upgraded Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Macquarie downgraded Six Flags Entertainment Corporation New from a “neutral” rating to an “underperform” rating in a research report on Thursday, July 27th. Hilliard Lyons downgraded Six Flags Entertainment Corporation New from a “buy” rating to a “neutral” rating in a research report on Thursday, April 27th. Finally, Zacks Investment Research downgraded Six Flags Entertainment Corporation New from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the stock. The company 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 Six Flags Entertainment Corporation New stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $57.10, for a total transaction of $2,797,785.80. The sale was disclosed in a legal filing with the SEC, which is available through this link. 6.90% of the stock is currently owned by insiders.

Six Flags Entertainment Corporation New Company Profile

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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