Teachers Advisors LLC lifted its stake in Six Flags Entertainment Corporation New (NYSE:SIX) by 5.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 136,543 shares of the company’s stock after purchasing an additional 6,986 shares during the quarter. Teachers Advisors LLC owned about 0.16% of Six Flags Entertainment Corporation New worth $8,139,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Six Flags Entertainment Corporation New by 9.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,637 shares of the company’s stock worth $157,000 after purchasing an additional 225 shares in the last quarter. Ffcm LLC boosted its position in shares of Six Flags Entertainment Corporation New by 114.8% in the 2nd quarter. Ffcm LLC now owns 2,631 shares of the company’s stock worth $157,000 after purchasing an additional 1,406 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Six Flags Entertainment Corporation New by 6.2% in the 2nd quarter. State of Alaska Department of Revenue now owns 2,673 shares of the company’s stock worth $159,000 after purchasing an additional 155 shares in the last quarter. First Mercantile Trust Co. bought a new stake in shares of Six Flags Entertainment Corporation New in the 2nd quarter worth approximately $185,000. Finally, Parametrica Management Ltd bought a new stake in shares of Six Flags Entertainment Corporation New in the 2nd quarter worth approximately $205,000. 88.63% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently commented on SIX shares. Hilliard Lyons raised Six Flags Entertainment Corporation New from a “neutral” rating to a “buy” rating and set a $59.00 price target on the stock in a research report on Wednesday, August 30th. 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 on the stock. Wedbush dropped their price target on Six Flags Entertainment Corporation New from $70.00 to $60.00 and set an “outperform” rating on the stock in a research report on Thursday, June 8th. Macquarie cut Six Flags Entertainment Corporation New from a “neutral” rating to an “underperform” rating in a research report on Thursday, July 27th. Finally, BidaskClub cut Six Flags Entertainment Corporation New from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. Two analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. Six Flags Entertainment Corporation New has an average rating of “Buy” and a consensus target price of $66.70.

Six Flags Entertainment Corporation New (SIX) opened at 61.23 on Friday. Six Flags Entertainment Corporation New has a 52-week low of $50.33 and a 52-week high of $65.19. The company has a 50-day moving average price of $56.05 and a 200 day moving average price of $58.38. The company has a market capitalization of $5.24 billion, a PE ratio of 56.91 and a beta of 1.16.

Six Flags Entertainment Corporation New (NYSE:SIX) last announced its earnings results on Wednesday, July 26th. The company reported $0.59 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by ($0.11). The firm had revenue of $422.37 million during the quarter, compared to analyst estimates 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 was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $0.64 earnings per share. Equities research analysts anticipate that Six Flags Entertainment Corporation New will post $1.83 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Thursday, August 31st were paid a $0.64 dividend. The ex-dividend date was Tuesday, August 29th. This represents a $2.56 annualized dividend and a yield of 4.18%. Six Flags Entertainment Corporation New’s dividend payout ratio (DPR) is 239.25%.

In other Six Flags Entertainment Corporation New news, VP Lance C. Balk sold 48,998 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $57.10, for a total value of $2,797,785.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 price of $52.58 per share, with a total value of $157,740.00. Following the completion of the purchase, the director now owns 53,511 shares of the company’s stock, valued at $2,813,608.38. The disclosure for this purchase can be found here. 6.90% of the stock is owned by company insiders.

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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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