Great West Life Assurance Co. Can continued to hold its stake in Six Flags Entertainment Corporation New (NYSE:SIX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,347 shares of the company’s stock at the end of the second quarter. Great West Life Assurance Co. Can’s holdings in Six Flags Entertainment Corporation New were worth $497,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in 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 acquiring an additional 238,134 shares during the last quarter. Westfield Capital Management Co. LP lifted its stake in 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 acquiring an additional 412,040 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in 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 acquiring an additional 36,941 shares during the last quarter. State Street Corp lifted its stake in Six Flags Entertainment Corporation New by 4.4% in the first quarter. State Street Corp now owns 1,003,520 shares of the company’s stock worth $59,696,000 after acquiring an additional 42,067 shares during the last quarter. Finally, GW&K Investment Management LLC lifted its stake in 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 acquiring an additional 22,205 shares during the last quarter. Institutional investors own 88.63% of the company’s stock.

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In related news, Director Jon L. Luther bought 3,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were purchased at an average cost of $52.58 per share, with a total value of $157,740.00. Following the completion of the transaction, the director now directly owns 53,511 shares of the company’s stock, valued at $2,813,608.38. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Lance C. Balk sold 48,998 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $57.10, for a total value of $2,797,785.80. The disclosure for this sale can be found here. 6.90% of the stock is owned by company insiders.

A number of brokerages recently issued reports on SIX. William Blair began coverage on shares of Six Flags Entertainment Corporation New in a research note on Friday, July 21st. They issued an “outperform” rating for the company. Zacks Investment Research upgraded shares of Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research note on Saturday, July 22nd. BidaskClub upgraded shares of Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. FBR & Co reiterated a “buy” rating on shares of Six Flags Entertainment Corporation New in a research note on Wednesday, July 19th. Finally, Wedbush reiterated an “outperform” rating and issued a $70.00 price target on shares of Six Flags Entertainment Corporation New in a research note on Tuesday, June 20th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $65.67.

Shares of Six Flags Entertainment Corporation New (NYSE:SIX) opened at 52.67 on Friday. The stock’s 50 day moving average is $54.54 and its 200 day moving average is $58.52. The stock has a market cap of $4.51 billion, a P/E ratio of 48.95 and a beta of 1.15. Six Flags Entertainment Corporation New has a 12 month low of $47.61 and a 12 month high of $65.19.

Six Flags Entertainment Corporation New (NYSE:SIX) last issued its earnings results on Wednesday, July 26th. The company reported $0.59 earnings per share for the quarter, missing the Thomson Reuters’ 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 during the quarter, compared to analyst estimates of $438.04 million. During the same period in the prior year, the business earned $0.64 earnings per share. Six Flags Entertainment Corporation New’s quarterly revenue was up 3.8% on a year-over-year basis. Analysts predict that Six Flags Entertainment Corporation New will post $1.87 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 11th. Shareholders of record on Thursday, August 31st will be given a $0.64 dividend. This represents a $2.56 annualized dividend and a yield of 4.86%. The ex-dividend date of this dividend is Tuesday, August 29th. Six Flags Entertainment Corporation New’s dividend payout ratio is presently 239.25%.

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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