Six Flags Entertainment Corporation New (SIX) Holdings Raised by Eqis Capital Management Inc.

Eqis Capital Management Inc. raised its position in Six Flags Entertainment Corporation New (NYSE:SIX) by 5.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,442 shares of the company’s stock after buying an additional 1,696 shares during the quarter. Eqis Capital Management Inc.’s holdings in Six Flags Entertainment Corporation New were worth $1,855,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS Asset Management Americas Inc. grew its holdings in shares of Six Flags Entertainment Corporation New by 9.5% during the 1st quarter. UBS Asset Management Americas Inc. now owns 50,240 shares of the company’s stock valued at $2,989,000 after purchasing an additional 4,360 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Six Flags Entertainment Corporation New by 2,062.3% during the 1st quarter. JPMorgan Chase & Co. now owns 249,681 shares of the company’s stock valued at $14,855,000 after purchasing an additional 238,134 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of Six Flags Entertainment Corporation New by 27.9% during the 1st quarter. Alliancebernstein L.P. now owns 91,973 shares of the company’s stock valued at $5,471,000 after purchasing an additional 20,058 shares during the last quarter. Wellington Management Group LLP bought a new stake in shares of Six Flags Entertainment Corporation New during the 1st quarter valued at approximately $848,000. Finally, Teachers Advisors LLC grew its holdings in shares of Six Flags Entertainment Corporation New by 13.1% during the 1st 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 during the last quarter. 88.35% of the stock is currently owned by hedge funds and other institutional investors.



WARNING: “Six Flags Entertainment Corporation New (SIX) Holdings Raised by Eqis Capital Management Inc.” was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another domain, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this article can be accessed at https://www.dispatchtribunal.com/2017/10/28/eqis-capital-management-inc-buys-1696-shares-of-six-flags-entertainment-corporation-new-six.html.

Six Flags Entertainment Corporation New (NYSE SIX) traded up 0.14% during midday trading on Friday, reaching $62.72. 1,395,036 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $58.99 and its 200-day moving average price is $58.65. The stock has a market cap of $5.37 billion, a PE ratio of 58.29 and a beta of 1.16. Six Flags Entertainment Corporation New has a one year low of $51.25 and a one year high of $65.19.

Six Flags Entertainment Corporation New (NYSE:SIX) last posted its earnings results on Wednesday, October 25th. The company reported $2.11 EPS for the quarter, topping the consensus estimate of $1.80 by $0.31. The firm had revenue of $580.40 million for the quarter, compared to analyst estimates of $583.59 million. Six Flags Entertainment Corporation New had a negative return on equity of 47.41% and a net margin of 13.24%. Six Flags Entertainment Corporation New’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period last year, the company earned $1.09 earnings per share. Equities analysts predict that Six Flags Entertainment Corporation New will post $1.81 earnings per share for the current year.

Several equities research analysts recently commented on the stock. Macquarie downgraded shares of Six Flags Entertainment Corporation New from a “neutral” rating to an “underperform” rating in a research report on Thursday, July 27th. Stifel Nicolaus reiterated a “buy” rating and set a $72.00 target price on shares of Six Flags Entertainment Corporation New in a research report on Thursday, October 12th. Zacks Investment Research downgraded shares of Six Flags Entertainment Corporation New from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. FBR & Co restated a “buy” rating on shares of Six Flags Entertainment Corporation New in a research report on Wednesday, July 19th. Finally, KeyCorp began coverage on shares of Six Flags Entertainment Corporation New in a research report on Wednesday, August 30th. They set an “overweight” rating and a $59.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $67.00.

In other Six Flags Entertainment Corporation New news, Director Jon L. Luther acquired 3,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were bought at an average cost of $52.58 per share, with a total value of $157,740.00. Following the completion of the acquisition, the director now owns 53,511 shares in the company, valued at $2,813,608.38. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 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.

About Six Flags Entertainment Corporation New

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.

Institutional Ownership by Quarter for Six Flags Entertainment Corporation New (NYSE:SIX)

Receive News & Ratings for Six Flags Entertainment Corporation New Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Six Flags Entertainment Corporation New and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply