Six Flags Entertainment Corp (SIX) : Huntington Asset Advisors added new position in Six Flags Entertainment Corp during the most recent quarter end. The investment management firm now holds 88,500 shares of Six Flags Entertainment Corp which is valued at $5.1 Million , the company said in a statement filed on May 11, 2016 with the SEC.Six Flags Entertainment Corp makes up approximately 3.37% of Huntington Asset Advisors’s portfolio.
Other Hedge Funds, Including , Cipher Capital Lp boosted its stake in SIX in the latest quarter, The investment management firm added 169 additional shares and now holds a total of 10,932 shares of Six Flags Entertainment Corp which is valued at $634,165. Six Flags Entertainment Corp makes up approx 0.06% of Cipher Capital Lp’s portfolio. Penserra Capital Management added SIX to its portfolio by purchasing 15,539 company shares during the most recent quarter which is valued at $901,417. Six Flags Entertainment Corp makes up approx 0.13% of Penserra Capital Management’s portfolio. Old Mutual Global Investors (uk) Ltd. sold out all of its stake in SIX during the most recent quarter. The investment firm sold 340 shares of SIX which is valued $19,859.Gilder Gagnon Howe Co reduced its stake in SIX by selling 62,131 shares or 20.77% in the most recent quarter. The Hedge Fund company now holds 237,073 shares of SIX which is valued at $13.8 Million. Six Flags Entertainment Corp makes up approx 0.28% of Gilder Gagnon Howe Co’s portfolio.Aperio Group boosted its stake in SIX in the latest quarter, The investment management firm added 1,259 additional shares and now holds a total of 7,059 shares of Six Flags Entertainment Corp which is valued at $423,893.
Six Flags Entertainment Corp opened for trading at $57.89 and hit $58.67 on the upside on Monday, eventually ending the session at $58.31, with a gain of 0.52% or 0.3 points. The heightened volatility saw the trading volume jump to 6,40,496 shares. Company has a market cap of $5,439 M.
On the company’s financial health, Six Flags Entertainment Corp reported $-0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.20 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $-0.71. The company had revenue of $115.00 million for the quarter, compared to analysts expectations of $96.02 million. The company’s revenue was up 35.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.75 EPS.
Investors should note that on May 5, 2016, Six Flags Entertainment Corp announced a cash dividend of $0.5800. The company’s management has announced May 24, 2016 as the ex-dividend date and fixed the record date on May 26, 2016. The payable date has been fixed on Jun 13, 2016.
Many Wall Street Analysts have commented on Six Flags Entertainment Corp. Company shares were Reiterated by Wedbush on Apr 28, 2016 to “Outperform”, Firm has raised the Price Target to $ 68 from a previous price target of $64 .Company shares were Reiterated by Wedbush on Apr 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 64 from a previous price target of $58 .Company shares were Upgraded by FBR Capital on Apr 1, 2016 to ” Outperform”, Firm has raised the Price Target to $ 64 from a previous price target of $58 .
Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates 18 regional theme and water parks. Of these 16 are located in the United States one is located in Mexico City Mexico and one is located in Montreal Canada. Its parks generally offer a selection of thrill rides water attractions themed areas concerts and shows restaurants game venues and retail outlets. The Company’s parks offer approximately 800 rides including over 130 roller coasters. Its parks include Six Flags America Six Flags Discovery Kingdom Six Flags Fiesta Texas Six Flags Great Adventure & Safari Six Flags Great America Six Flags St. Louis Six Flags Magic Mountain Six Flags Mexico Six Flags New England Six Flags Over Georgia Six Flags Whitewater Atlanta Six Flags Over Texas La Ronde and Six Flags Great Escape Lodge & Indoor Waterpark.