Six Flags Entertainment Corp. (NYSE:SIX) traded down 2.7% on Monday . The company traded as low as $51.50 and last traded at $51.53, with a volume of 718,857 shares changing hands. The stock had previously closed at $52.98.

A number of equities research analysts have recently weighed in on the stock. B. Riley restated a “buy” rating and issued a $65.00 price target on shares of Six Flags Entertainment Corp. in a research note on Tuesday, July 26th. Stephens assumed coverage on shares of Six Flags Entertainment Corp. in a research note on Tuesday, April 19th. They issued an “equal weight” rating on the stock. Oppenheimer Holdings Inc. restated a “buy” rating and issued a $65.00 price target on shares of Six Flags Entertainment Corp. in a research note on Thursday, April 28th. Zacks Investment Research downgraded shares of Six Flags Entertainment Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, July 13th. Finally, FBR & Co reduced their price target on shares of Six Flags Entertainment Corp. from $65.00 to $62.00 and set an “outperform” rating on the stock in a research note on Friday, July 29th. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $60.88.

The stock has a 50-day moving average of $56.58 and a 200-day moving average of $55.85. The stock has a market capitalization of $4.71 billion and a PE ratio of 28.65.

Six Flags Entertainment Corp. (NYSE:SIX) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $0.64 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by $0.06. During the same quarter in the previous year, the company posted $0.67 EPS. The firm earned $407 million during the quarter, compared to analysts’ expectations of $406.13 million. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. Equities research analysts forecast that Six Flags Entertainment Corp. will post $1.91 earnings per share for the current year.

In related news, VP Lance C. Balk sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, July 25th. The shares were sold at an average price of $59.11, for a total value of $1,182,200.00. Following the transaction, the vice president now directly owns 90,343 shares in the company, valued at $5,340,174.73. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Stephen D. Owens sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $58.51, for a total transaction of $409,570.00. Following the completion of the transaction, the director now owns 28,730 shares in the company, valued at $1,680,992.30. The disclosure for this sale can be found here.

Other hedge funds and institutional investors recently bought and sold shares of the company. Suntrust Banks Inc. boosted its position in Six Flags Entertainment Corp. by 26.7% in the fourth quarter. Suntrust Banks Inc. now owns 22,427 shares of the company’s stock valued at $1,231,000 after buying an additional 4,732 shares during the period. RS Investment Management Co. LLC boosted its position in Six Flags Entertainment Corp. by 12.6% in the fourth quarter. RS Investment Management Co. LLC now owns 1,209,760 shares of the company’s stock valued at $66,464,000 after buying an additional 135,230 shares during the period. Finally, Westfield Capital Management Co. LP boosted its position in Six Flags Entertainment Corp. by 10.0% in the fourth quarter. Westfield Capital Management Co. LP now owns 1,244,133 shares of the company’s stock valued at $68,353,000 after buying an additional 113,490 shares during the period.

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 20 regional theme and water parks. Its parks occupy approximately 4,500 acres of land, and it owns approximately 800 acres of other developable land.

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