Morgan Dempsey Capital Management LLC increased its position in Six Flags Entertainment Corporation New (NYSE:SIX) by 5.2% during the second quarter, Holdings Channel reports. The institutional investor owned 118,528 shares of the company’s stock after buying an additional 5,895 shares during the period. Six Flags Entertainment Corporation New comprises about 2.6% of Morgan Dempsey Capital Management LLC’s portfolio, making the stock its 3rd largest position. Morgan Dempsey Capital Management LLC’s holdings in Six Flags Entertainment Corporation New were worth $7,070,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Six Flags Entertainment Corporation New by 2,062.3% in the first quarter. JPMorgan Chase & Co. now owns 249,681 shares of the company’s stock worth $14,855,000 after buying an additional 238,134 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Six Flags Entertainment Corporation New during the fourth quarter worth $588,000. Westfield Capital Management Co. LP increased its position in shares of Six Flags Entertainment Corporation New by 72.5% in the first quarter. Westfield Capital Management Co. LP now owns 980,622 shares of the company’s stock worth $58,337,000 after buying an additional 412,040 shares in the last quarter. Parametric Portfolio Associates LLC increased its position in shares of Six Flags Entertainment Corporation New by 20.9% in the first quarter. Parametric Portfolio Associates LLC now owns 214,016 shares of the company’s stock worth $12,732,000 after buying an additional 36,941 shares in the last quarter. Finally, GW&K Investment Management LLC increased its position in shares of Six Flags Entertainment Corporation New by 2.7% in the second quarter. GW&K Investment Management LLC now owns 846,542 shares of the company’s stock worth $50,462,000 after buying an additional 22,205 shares in the last quarter. 94.18% of the stock is owned by institutional investors.

Shares of Six Flags Entertainment Corporation New (SIX) opened at 55.37 on Wednesday. The firm has a market cap of $4.74 billion, a PE ratio of 51.46 and a beta of 1.13. Six Flags Entertainment Corporation New has a 12 month low of $47.61 and a 12 month high of $65.19. The stock’s 50 day moving average is $58.16 and its 200 day moving average is $59.72.

Six Flags Entertainment Corporation New (NYSE:SIX) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.70 by $0.11. The company had revenue of $422.37 million for the quarter, compared to analyst estimates of $438.04 million. Six Flags Entertainment Corporation New had a negative return on equity of 41.86% and a net margin of 7.49%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the business earned $0.64 EPS. Analysts forecast that Six Flags Entertainment Corporation New will post $1.88 EPS for the current fiscal year.

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SIX has been the subject of a number of research analyst reports. Wedbush dropped their target price on shares of Six Flags Entertainment Corporation New from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Thursday, June 8th. ValuEngine raised shares of Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Macquarie downgraded shares of Six Flags Entertainment Corporation New from a “neutral” rating to an “underperform” rating in a research note on Thursday, July 27th. 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. Finally, Zacks Investment Research downgraded shares of Six Flags Entertainment Corporation New from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Two analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $66.55.

In other 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 transaction of $2,797,785.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company 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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