Cardinal Capital Management Ct Lowers stake in Six Flags Entertainment Corp (SIX)

Six Flags Entertainment Corp (SIX) : Cardinal Capital Management Ct reduced its stake in Six Flags Entertainment Corp by 5.74% during the most recent quarter end. The investment management company now holds a total of 903,790 shares of Six Flags Entertainment Corp which is valued at $47,882,794 after selling 55,020 shares in Six Flags Entertainment Corp , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Six Flags Entertainment Corp makes up approximately 2.30% of Cardinal Capital Management Ct’s portfolio.

Other Hedge Funds, Including , Laffer Investments boosted its stake in SIX in the latest quarter, The investment management firm added 3,211 additional shares and now holds a total of 14,927 shares of Six Flags Entertainment Corp which is valued at $790,832. Six Flags Entertainment Corp makes up approx 0.25% of Laffer Investments’s portfolio.Tower Research Capital (trc) boosted its stake in SIX in the latest quarter, The investment management firm added 1,844 additional shares and now holds a total of 2,204 shares of Six Flags Entertainment Corp which is valued at $116,768. Six Flags Entertainment Corp makes up approx 0.01% of Tower Research Capital (trc)’s portfolio.Vanguard Group Inc boosted its stake in SIX in the latest quarter, The investment management firm added 458,380 additional shares and now holds a total of 5,619,046 shares of Six Flags Entertainment Corp which is valued at $297,697,057. Six Flags Entertainment Corp makes up approx 0.02% of Vanguard Group Inc’s portfolio.First Quadrant L Pca boosted its stake in SIX in the latest quarter, The investment management firm added 117 additional shares and now holds a total of 2,617 shares of Six Flags Entertainment Corp which is valued at $157,439. Simplex Trading sold out all of its stake in SIX during the most recent quarter. The investment firm sold 2,285 shares of SIX which is valued $137,466.

Six Flags Entertainment Corp opened for trading at $48.25 and hit $49.5 on the upside on Wednesday, eventually ending the session at $49.41, with a gain of 2.81% or 1.35 points. The heightened volatility saw the trading volume jump to 1,465,543 shares. Company has a market cap of $4,590 M.

On the company’s financial health, Six Flags Entertainment Corp reported $0.64 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.69. The company had revenue of $407.07 million for the quarter, compared to analysts expectations of $409.30 million. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

Many Wall Street Analysts have commented on Six Flags Entertainment Corp. Six Flags Entertainment Corp was Initiated by Hilliard Lyons to “Long-term Buy” on Aug 23, 2016.

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.

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