Alley Co LLC increased its position in Six Flags Entertainment Corporation New (NYSE:SIX) by 1.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,095 shares of the company’s stock after buying an additional 882 shares during the period. Six Flags Entertainment Corporation New makes up approximately 1.8% of Alley Co LLC’s investment portfolio, making the stock its 22nd largest position. Alley Co LLC’s holdings in Six Flags Entertainment Corporation New were worth $4,774,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Comerica Bank bought a new position in shares of Six Flags Entertainment Corporation New during the fourth quarter worth $213,000. Renaissance Technologies LLC bought a new position in shares of Six Flags Entertainment Corporation New during the fourth quarter worth $588,000. Quadrature Capital Ltd bought a new position in shares of Six Flags Entertainment Corporation New during the fourth quarter worth $254,000. Teachers Advisors LLC raised its position in shares of Six Flags Entertainment Corporation New by 59.9% in the fourth quarter. Teachers Advisors LLC now owns 114,528 shares of the company’s stock worth $6,867,000 after buying an additional 42,883 shares in the last quarter. Finally, Creative Planning raised its position in shares of Six Flags Entertainment Corporation New by 39.8% in the first quarter. Creative Planning now owns 2,218 shares of the company’s stock worth $132,000 after buying an additional 631 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Shares of Six Flags Entertainment Corporation New (NYSE:SIX) opened at 56.28 on Monday. The stock has a 50 day moving average of $58.46 and a 200 day moving average of $59.81. The stock has a market cap of $4.82 billion, a P/E ratio of 52.30 and a beta of 1.13. Six Flags Entertainment Corporation New has a 52 week low of $47.61 and a 52 week high of $65.19.

Six Flags Entertainment Corporation New (NYSE:SIX) last posted its quarterly earnings results on Wednesday, July 26th. The company reported $0.59 EPS for the quarter, missing the 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 analysts’ expectations of $438.04 million. During the same quarter in the prior year, the firm earned $0.64 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. On average, analysts expect that Six Flags Entertainment Corporation New will post $1.88 earnings per share for the current year.

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SIX has been the subject of a number of research reports. SunTrust Banks, Inc. initiated coverage on shares of Six Flags Entertainment Corporation New in a research report on Wednesday, April 12th. They set a “buy” rating and a $66.00 target price for the company. Janney Montgomery Scott reaffirmed a “buy” rating and set a $67.00 price target on shares of Six Flags Entertainment Corporation New in a research note on Thursday, April 13th. Stifel Nicolaus initiated coverage on shares of Six Flags Entertainment Corporation New in a research note on Thursday, April 20th. They set a “buy” rating and a $70.00 price target on the stock. They noted that the move was a valuation call. B. Riley reaffirmed a “buy” rating and set a $67.00 price target on shares of Six Flags Entertainment Corporation New in a research note on Monday, April 24th. Finally, Hilliard Lyons downgraded shares of Six Flags Entertainment Corporation New from a “buy” rating to a “neutral” rating in a research note on Thursday, April 27th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $66.55.

In other news, VP Lance C. Balk sold 48,998 shares of Six Flags Entertainment Corporation New stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which is available at this link. 6.90% of the stock is owned by insiders.

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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