Chartwell Investment Partners LLC bought a new stake in Six Flags Entertainment Corporation New (NYSE:SIX) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 133,491 shares of the company’s stock, valued at approximately $8,134,000. Chartwell Investment Partners LLC owned 0.16% of Six Flags Entertainment Corporation New at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SIX. Teachers Advisors LLC raised its stake in shares of Six Flags Entertainment Corporation New by 13.1% in the first quarter. Teachers Advisors LLC now owns 129,557 shares of the company’s stock valued at $7,707,000 after purchasing an additional 15,029 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Six Flags Entertainment Corporation New by 6.3% during the first quarter. Dimensional Fund Advisors LP now owns 468,471 shares of the company’s stock worth $27,870,000 after purchasing an additional 27,754 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in Six Flags Entertainment Corporation New by 6.2% in the second quarter. State of Alaska Department of Revenue now owns 2,673 shares of the company’s stock valued at $159,000 after acquiring an additional 155 shares during the last quarter. Aperio Group LLC boosted its holdings in Six Flags Entertainment Corporation New by 29.6% in the second quarter. Aperio Group LLC now owns 15,833 shares of the company’s stock valued at $944,000 after acquiring an additional 3,612 shares during the last quarter. Finally, Gilman Hill Asset Management LLC raised its position in shares of Six Flags Entertainment Corporation New by 2.0% during the second quarter. Gilman Hill Asset Management LLC now owns 73,600 shares of the company’s stock worth $4,387,000 after purchasing an additional 1,424 shares during the period. Institutional investors own 91.01% of the company’s stock.

Six Flags Entertainment Corporation New (NYSE SIX) traded up $0.41 during midday trading on Wednesday, reaching $64.92. The company’s stock had a trading volume of 77,703 shares, compared to its average volume of 1,091,446. The stock has a market capitalization of $5,378.21, a P/E ratio of 30.71, a price-to-earnings-growth ratio of 3.76 and a beta of 1.15. The company has a quick ratio of 0.71, a current ratio of 0.80 and a debt-to-equity ratio of -3.53. Six Flags Entertainment Corporation New has a twelve month low of $51.25 and a twelve month high of $65.75.

Six Flags Entertainment Corporation New (NYSE:SIX) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $2.11 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.80 by $0.31. Six Flags Entertainment Corporation New had a negative return on equity of 47.41% and a net margin of 13.24%. The business had revenue of $580.40 million for the quarter, compared to analysts’ expectations of $583.59 million. During the same period in the previous year, the firm posted $1.09 EPS. The business’s revenue was up 4.1% on a year-over-year basis. analysts expect that Six Flags Entertainment Corporation New will post 2.13 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Thursday, November 30th will be given a $0.70 dividend. This is a boost from Six Flags Entertainment Corporation New’s previous quarterly dividend of $0.64. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.31%. The ex-dividend date of this dividend is Wednesday, November 29th. Six Flags Entertainment Corporation New’s payout ratio is currently 122.49%.

A number of brokerages recently issued reports on SIX. B. Riley reissued a “buy” rating on shares of Six Flags Entertainment Corporation New in a research report on Wednesday, November 1st. Zacks Investment Research upgraded Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research note on Saturday, October 28th. TheStreet raised Six Flags Entertainment Corporation New from a “c+” rating to a “b-” rating in a report on Wednesday, October 25th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $70.00 price objective on shares of Six Flags Entertainment Corporation New in a report on Friday, October 27th. Finally, FBR & Co reaffirmed a “buy” rating on shares of Six Flags Entertainment Corporation New in a report on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $67.00.

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In other Six Flags Entertainment Corporation New news, CEO James Reid-Anderson sold 41,008 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $65.06, for a total transaction of $2,667,980.48. Following the completion of the sale, the chief executive officer now directly owns 3,570,602 shares in the company, valued at approximately $232,303,366.12. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Jon L. Luther bought 3,000 shares of the firm’s stock in a transaction on 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 completion of the purchase, the director now owns 53,511 shares in the company, valued at approximately $2,813,608.38. The disclosure for this purchase can be found here. Insiders own 6.90% of the company’s stock.

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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