Jackson Wealth Management LLC lifted its stake in Six Flags Entertainment Corporation New (NYSE:SIX) by 6.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,186 shares of the company’s stock after buying an additional 1,660 shares during the period. Jackson Wealth Management LLC’s holdings in Six Flags Entertainment Corporation New were worth $1,717,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SIX. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Six Flags Entertainment Corporation New by 9.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,637 shares of the company’s stock worth $157,000 after buying an additional 225 shares during the period. Ffcm LLC increased its holdings in Six Flags Entertainment Corporation New by 114.8% during the 2nd quarter. Ffcm LLC now owns 2,631 shares of the company’s stock valued at $157,000 after purchasing an additional 1,406 shares during the period. State of Alaska Department of Revenue increased its holdings in 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 valued at $159,000 after purchasing an additional 155 shares during the period. First Mercantile Trust Co. purchased a new position in Six Flags Entertainment Corporation New during the 2nd quarter valued at about $185,000. Finally, Parametrica Management Ltd purchased a new position in Six Flags Entertainment Corporation New during the 2nd quarter valued at about $205,000. Hedge funds and other institutional investors own 91.01% of the company’s stock.

A number of brokerages recently issued reports on SIX. B. Riley restated a “buy” rating on shares of Six Flags Entertainment Corporation New in a report on Wednesday, November 1st. SunTrust Banks, Inc. restated a “buy” rating and set a $70.00 price target on shares of Six Flags Entertainment Corporation New in a report on Friday, October 27th. TheStreet upgraded Six Flags Entertainment Corporation New from a “c+” rating to a “b-” rating in a report on Wednesday, October 25th. FBR & Co reiterated a “buy” rating and set a $65.00 target price on shares of Six Flags Entertainment Corporation New in a report on Monday, September 25th. Finally, Janney Montgomery Scott reiterated a “buy” rating and set a $70.00 target price on shares of Six Flags Entertainment Corporation New in a report on Tuesday, August 15th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the stock. Six Flags Entertainment Corporation New currently has an average rating of “Buy” and an average target price of $67.00.

In other Six Flags Entertainment Corporation New news, Director Jon L. Luther acquired 3,000 shares of the stock in a transaction that occurred on Tuesday, August 29th. The shares were acquired at an average cost of $52.58 per share, with a total value of $157,740.00. Following the transaction, the director now owns 53,511 shares of the company’s stock, valued at approximately $2,813,608.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO James Reid-Anderson sold 41,008 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $65.06, for a total value of $2,667,980.48. Following the completion of the transaction, the chief executive officer now directly owns 3,570,602 shares in the company, valued at $232,303,366.12. The disclosure for this sale can be found here. Corporate insiders own 6.90% of the company’s stock.

Shares of Six Flags Entertainment Corporation New (SIX) traded up $0.51 on Friday, hitting $65.10. The stock had a trading volume of 262,516 shares, compared to its average volume of 808,260. The company has a debt-to-equity ratio of -3.53, a quick ratio of 0.71 and a current ratio of 0.80. Six Flags Entertainment Corporation New has a 12-month low of $51.25 and a 12-month high of $65.75. The company has a market cap of $5,454.47, a PE ratio of 31.15, a P/E/G ratio of 3.81 and a beta of 1.15.

Six Flags Entertainment Corporation New (NYSE:SIX) last issued its quarterly earnings results on Wednesday, October 25th. The company reported $2.11 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.31. Six Flags Entertainment Corporation New had a negative return on equity of 47.41% and a net margin of 13.24%. The firm had revenue of $580.40 million for the quarter, compared to analysts’ expectations of $583.59 million. During the same period in the previous year, the firm posted $1.09 EPS. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. sell-side analysts forecast that Six Flags Entertainment Corporation New will post 2.13 EPS for the current fiscal year.

The firm also recently disclosed 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 annualized dividend and a yield of 4.30%. Six Flags Entertainment Corporation New’s dividend payout ratio is 122.49%.

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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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