Mutual of America Capital Management LLC Buys Shares of 65,347 Six Flags Entertainment Corporation New (SIX)

Mutual of America Capital Management LLC purchased a new stake in shares of Six Flags Entertainment Corporation New (NYSE:SIX) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 65,347 shares of the company’s stock, valued at approximately $3,982,000. Mutual of America Capital Management LLC owned approximately 0.08% of Six Flags Entertainment Corporation New at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. UBS Asset Management Americas Inc. grew its holdings in Six Flags Entertainment Corporation New by 9.5% in the first 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 period. Wellington Management Group LLP acquired a new stake in Six Flags Entertainment Corporation New in the first quarter valued at approximately $848,000. Teachers Advisors LLC grew its holdings in Six Flags Entertainment Corporation New by 13.1% in the first 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 period. PNC Financial Services Group Inc. grew its holdings in Six Flags Entertainment Corporation New by 15.9% in the first quarter. PNC Financial Services Group Inc. now owns 8,807 shares of the company’s stock valued at $524,000 after purchasing an additional 1,211 shares during the period. Finally, Legal & General Group Plc grew its holdings in Six Flags Entertainment Corporation New by 53.4% in the first quarter. Legal & General Group Plc now owns 47,255 shares of the company’s stock valued at $2,811,000 after purchasing an additional 16,454 shares during the period. Institutional investors own 90.95% of the company’s stock.

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Six Flags Entertainment Corporation New (NYSE SIX) opened at $64.68 on Friday. The company has a market capitalization of $5,454.45, a price-to-earnings ratio of 31.15, a P/E/G ratio of 3.90 and a beta of 1.15. Six Flags Entertainment Corporation New has a one year low of $51.25 and a one year high of $65.75. The company has a current ratio of 0.80, a quick ratio of 0.71 and a debt-to-equity ratio of -3.53.

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. The business had revenue of $580.40 million during the quarter, compared to analysts’ expectations 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%. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.09 EPS. analysts anticipate that Six Flags Entertainment Corporation New will post 2.09 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Thursday, November 30th will be given a $0.70 dividend. The ex-dividend date is Wednesday, November 29th. This is a boost from Six Flags Entertainment Corporation New’s previous quarterly dividend of $0.64. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.33%. Six Flags Entertainment Corporation New’s dividend payout ratio is 122.49%.

A number of brokerages have recently issued reports on SIX. Zacks Investment Research raised Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research note on Saturday, July 22nd. Hilliard Lyons raised Six Flags Entertainment Corporation New from a “neutral” rating to a “buy” rating and set a $59.00 price target on the stock in a research note on Wednesday, August 30th. BidaskClub lowered Six Flags Entertainment Corporation New from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Janney Montgomery Scott reiterated a “buy” rating and set a $70.00 price objective on shares of Six Flags Entertainment Corporation New in a research report on Tuesday, August 15th. Finally, TheStreet upgraded Six Flags Entertainment Corporation New from a “c+” rating to a “b-” rating in a research report on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $67.00.

In other news, Director Jon L. Luther bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The stock was purchased at an average cost of $52.58 per share, with a total value of $157,740.00. Following the transaction, the director now directly owns 53,511 shares in the company, valued at $2,813,608.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 6.90% of the stock is owned by corporate 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.

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

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