Boston Partners raised its stake in Six Flags Entertainment Corporation New (NYSE:SIX) by 32.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 565,597 shares of the company’s stock after buying an additional 138,382 shares during the period. Boston Partners’ holdings in Six Flags Entertainment Corporation New were worth $33,715,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its position in Six Flags Entertainment Corporation New by 21,709.6% in the first quarter. BlackRock Inc. now owns 3,298,259 shares of the company’s stock valued at $196,215,000 after buying an additional 3,283,136 shares in the last quarter. Bessemer Group Inc. purchased a new position in Six Flags Entertainment Corporation New during the second quarter valued at $77,446,000. CI Investments Inc. boosted its position in Six Flags Entertainment Corporation New by 51.7% in the first quarter. CI Investments Inc. now owns 2,610,075 shares of the company’s stock valued at $155,273,000 after buying an additional 889,300 shares in the last quarter. Renaissance Technologies LLC boosted its position in Six Flags Entertainment Corporation New by 7,777.6% in the first quarter. Renaissance Technologies LLC now owns 772,000 shares of the company’s stock valued at $45,926,000 after buying an additional 762,200 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its position in Six Flags Entertainment Corporation New by 9.4% in the first quarter. William Blair Investment Management LLC now owns 5,271,644 shares of the company’s stock valued at $313,610,000 after buying an additional 452,974 shares in the last quarter. 94.54% of the stock is owned by institutional investors.

Shares of Six Flags Entertainment Corporation New (SIX) opened at 53.81 on Tuesday. Six Flags Entertainment Corporation New has a one year low of $47.61 and a one year high of $65.19. The firm’s 50-day moving average price is $57.39 and its 200 day moving average price is $59.45. The firm has a market cap of $4.60 billion, a P/E ratio of 50.01 and a beta of 1.13.

Six Flags Entertainment Corporation New (NYSE:SIX) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by $0.11. The business had revenue of $422.37 million during the quarter, compared to the consensus estimate of $438.04 million. Six Flags Entertainment Corporation New had a net margin of 7.49% and a negative return on equity of 41.86%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 EPS. Analysts predict that Six Flags Entertainment Corporation New will post $1.88 EPS for the current year.

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Several research firms recently weighed in on SIX. Hilliard Lyons cut shares of Six Flags Entertainment Corporation New from a “buy” rating to a “neutral” rating in a research note on Thursday, April 27th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $69.00 target price on shares of Six Flags Entertainment Corporation New in a research note on Monday, May 1st. Stifel Nicolaus raised their target price on shares of Six Flags Entertainment Corporation New from $70.00 to $73.00 and gave the company a “buy” rating in a research note on Monday, May 1st. B. Riley reissued a “buy” rating and issued a $67.00 target price on shares of Six Flags Entertainment Corporation New in a research note on Saturday, April 29th. Finally, Zacks Investment Research raised shares of Six Flags Entertainment Corporation New from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research note on Wednesday, June 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $66.55.

In other Six Flags Entertainment Corporation New news, VP Lance C. Balk sold 48,998 shares of the company’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $57.10, for a total value of $2,797,785.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 6.90% of the stock is owned by corporate 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.

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

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