Six Flags Entertainment Corporation New (NYSE:SIX) Shares Sold by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC trimmed its position in Six Flags Entertainment Corporation New (NYSE:SIX) by 22.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,677 shares of the company’s stock after selling 1,658 shares during the period. Cubist Systematic Strategies LLC’s holdings in Six Flags Entertainment Corporation New were worth $338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Banced Corp boosted its stake in shares of Six Flags Entertainment Corporation New by 0.5% during the 2nd quarter. Banced Corp now owns 7,752 shares of the company’s stock worth $462,000 after acquiring an additional 38 shares in the last quarter. TD Asset Management Inc. boosted its stake in shares of Six Flags Entertainment Corporation New by 0.4% during the 2nd quarter. TD Asset Management Inc. now owns 13,200 shares of the company’s stock worth $787,000 after acquiring an additional 59 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Six Flags Entertainment Corporation New by 1.4% during the 2nd quarter. Teacher Retirement System of Texas now owns 5,828 shares of the company’s stock worth $347,000 after acquiring an additional 80 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Six Flags Entertainment Corporation New by 0.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 34,029 shares of the company’s stock worth $2,024,000 after acquiring an additional 151 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of Six Flags Entertainment Corporation New by 6.2% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,673 shares of the company’s stock worth $159,000 after acquiring an additional 155 shares in the last quarter. 90.95% of the stock is currently owned by institutional investors.



In related news, Director Jon L. Luther purchased 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 29th. The shares were purchased at an average cost of $52.58 per share, for a total transaction of $157,740.00. Following the purchase, the director now directly owns 53,511 shares of the company’s stock, valued at $2,813,608.38. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 6.90% of the stock is owned by company insiders.

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SIX has been the subject of several research analyst reports. Stifel Nicolaus restated a “buy” rating and set a $73.00 price target on shares of Six Flags Entertainment Corporation New in a research report on Friday, July 14th. FBR & Co restated a “buy” rating on shares of Six Flags Entertainment Corporation New in a research report on Wednesday, July 19th. William Blair initiated coverage on shares of Six Flags Entertainment Corporation New in a research report on Friday, July 21st. They set 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 report on Saturday, July 22nd. Finally, BidaskClub downgraded shares of Six Flags Entertainment Corporation New from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $67.00.

Shares of Six Flags Entertainment Corporation New (SIX) traded down $0.42 during mid-day trading on Friday, reaching $64.68. 763,600 shares of the company’s stock traded hands, compared to its average volume of 1,104,962. The company has a debt-to-equity ratio of -3.53, a current ratio of 0.80 and a quick ratio of 0.71. Six Flags Entertainment Corporation New has a 52 week low of $51.25 and a 52 week high of $65.75. The stock has a market cap of $5,454.45, a PE ratio of 31.15, a PEG ratio of 3.90 and a beta of 1.15.

Six Flags Entertainment Corporation New (NYSE:SIX) last released its quarterly earnings data on Wednesday, October 25th. The company reported $2.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $0.31. Six Flags Entertainment Corporation New had a net margin of 13.24% and a negative return on equity of 47.41%. The business had revenue of $580.40 million during the quarter, compared to analysts’ expectations of $583.59 million. During the same period in the previous year, the company earned $1.09 EPS. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. sell-side analysts predict that Six Flags Entertainment Corporation New will post 2.09 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Thursday, November 30th will be paid a dividend of $0.70 per share. This is a positive change from Six Flags Entertainment Corporation New’s previous quarterly dividend of $0.64. This represents a $2.80 annualized dividend and a yield of 4.33%. The ex-dividend date is Wednesday, November 29th. Six Flags Entertainment Corporation New’s dividend payout ratio (DPR) is currently 122.49%.

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.

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

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