State Street Corp raised its position in Six Flags Entertainment Corporation New (NYSE:SIX) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,018,549 shares of the company’s stock after buying an additional 15,029 shares during the quarter. State Street Corp owned approximately 1.19% of Six Flags Entertainment Corporation New worth $60,713,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SIX. BlackRock Inc. lifted its stake in Six Flags Entertainment Corporation New by 21,709.6% in the first quarter. BlackRock Inc. now owns 3,298,259 shares of the company’s stock valued at $196,215,000 after buying an additional 3,283,136 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Six Flags Entertainment Corporation New by 985.4% during the second quarter. Janus Henderson Group PLC now owns 3,393,204 shares of the company’s stock worth $202,268,000 after purchasing an additional 3,080,574 shares during the last quarter. Bessemer Group Inc. purchased a new stake in shares of Six Flags Entertainment Corporation New during the second quarter worth approximately $77,446,000. Thrivent Financial For Lutherans raised its stake in shares of Six Flags Entertainment Corporation New by 542.2% during the second quarter. Thrivent Financial For Lutherans now owns 783,720 shares of the company’s stock worth $46,718,000 after purchasing an additional 661,690 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC purchased a new stake in shares of Six Flags Entertainment Corporation New during the second quarter worth approximately $35,168,000. Institutional investors own 89.01% of the company’s stock.

Several research firms have recently commented on SIX. William Blair began coverage on Six Flags Entertainment Corporation New in a research note on Friday, July 21st. They set an “outperform” rating for the company. Zacks Investment Research upgraded Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research report on Saturday, July 22nd. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $70.00 price objective on shares of Six Flags Entertainment Corporation New in a research report on Friday, October 27th. BidaskClub upgraded Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, FBR & Co reiterated a “buy” rating on shares of Six Flags Entertainment Corporation New in a research report on Wednesday, July 19th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $67.00.

In other news, Director Jon L. Luther acquired 3,000 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were bought at an average price 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 filing with the SEC, which can be accessed through the SEC website. 6.90% of the stock is owned by insiders.

Shares of Six Flags Entertainment Corporation New (NYSE:SIX) opened at 62.79 on Wednesday. Six Flags Entertainment Corporation New has a 12-month low of $51.25 and a 12-month high of $65.19. The firm has a market cap of $5.37 billion, a price-to-earnings ratio of 58.36 and a beta of 1.16. The firm has a 50-day moving average price of $60.01 and a 200 day moving average price of $58.79.

Six Flags Entertainment Corporation New (NYSE:SIX) last announced its earnings results on Wednesday, October 25th. The company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.31. The firm had revenue of $580.40 million for the quarter, compared to the consensus estimate of $583.59 million. Six Flags Entertainment Corporation New had a negative return on equity of 47.41% and a net margin of 13.24%. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.09 EPS. On average, equities research analysts anticipate that Six Flags Entertainment Corporation New will post $2.10 earnings per share for the current fiscal year.

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Six Flags Entertainment Corporation New 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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