Utah Retirement Systems continued to hold its position in shares of Six Flags Entertainment Corporation New (NYSE:SIX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,000 shares of the company’s stock at the close of the 2nd quarter. Utah Retirement Systems’ holdings in Six Flags Entertainment Corporation New were worth $775,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SIX. State of Alaska Department of Revenue increased its stake in Six Flags Entertainment Corporation New by 6.2% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,673 shares of the company’s stock worth $159,000 after buying an additional 155 shares in the last quarter. First Mercantile Trust Co. purchased a new stake in Six Flags Entertainment Corporation New during the 2nd quarter worth approximately $185,000. Parametrica Management Ltd purchased a new stake in Six Flags Entertainment Corporation New during the 2nd quarter worth approximately $205,000. World Asset Management Inc purchased a new stake in Six Flags Entertainment Corporation New during the 1st quarter worth approximately $209,000. Finally, North Star Investment Management Corp. increased its stake in Six Flags Entertainment Corporation New by 120.4% during the 2nd 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 in the last quarter. Institutional investors own 88.65% of the company’s stock.

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In other news, Director Jon L. Luther bought 3,000 shares of the stock in a transaction on Tuesday, August 29th. The stock was purchased at an average cost of $52.58 per share, with a total value of $157,740.00. Following the purchase, the director now owns 53,511 shares of the company’s stock, valued at $2,813,608.38. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Lance C. Balk sold 48,998 shares of Six Flags Entertainment Corporation New 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 disclosure for this sale can be found here. Insiders own 6.90% of the company’s stock.

Several equities research analysts have commented on the company. Macquarie lowered Six Flags Entertainment Corporation New from a “neutral” rating to an “underperform” rating in a research note on Thursday, July 27th. ValuEngine upgraded Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Wedbush reiterated an “outperform” rating and set a $70.00 price objective on shares of Six Flags Entertainment Corporation New in a research note on Tuesday, June 20th. FBR & Co restated a “buy” rating on shares of Six Flags Entertainment Corporation New in a research report on Wednesday, July 19th. Finally, KeyCorp started coverage on Six Flags Entertainment Corporation New in a research report on Wednesday, August 30th. They issued an “overweight” rating and a $59.00 price target for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $65.67.

Six Flags Entertainment Corporation New (NYSE:SIX) opened at 55.14 on Tuesday. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 51.25 and a beta of 1.15. Six Flags Entertainment Corporation New has a 12 month low of $48.58 and a 12 month high of $65.19. The company has a 50-day moving average price of $54.50 and a 200 day moving average price of $58.49.

Six Flags Entertainment Corporation New (NYSE:SIX) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 company had revenue of $422.37 million for the quarter, compared to analyst estimates of $438.04 million. During the same quarter in the prior year, the firm earned $0.64 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. Equities analysts predict that Six Flags Entertainment Corporation New will post $1.87 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Investors of record on Thursday, August 31st were given a dividend of $0.64 per share. The ex-dividend date was Tuesday, August 29th. This represents a $2.56 annualized dividend and a dividend yield of 4.64%. Six Flags Entertainment Corporation New’s dividend payout ratio is currently 239.25%.

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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