New York State Teachers Retirement System Invests $3.49 Million in Six Flags Entertainment Corporation New (SIX)

New York State Teachers Retirement System purchased a new stake in shares of Six Flags Entertainment Corporation New (NYSE:SIX) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 57,285 shares of the company’s stock, valued at approximately $3,491,000. New York State Teachers Retirement System owned approximately 0.07% of Six Flags Entertainment Corporation New at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SIX. BlackRock Inc. raised its holdings in shares of Six Flags Entertainment Corporation New by 21,709.6% during the 1st quarter. BlackRock Inc. now owns 3,298,259 shares of the company’s stock valued at $196,215,000 after purchasing an additional 3,283,136 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Six Flags Entertainment Corporation New by 985.4% during the 2nd quarter. Janus Henderson Group PLC now owns 3,393,204 shares of the company’s stock valued at $202,268,000 after purchasing an additional 3,080,574 shares in the last quarter. Bessemer Group Inc. bought a new position in shares of Six Flags Entertainment Corporation New during the 2nd quarter valued at $77,446,000. Thrivent Financial For Lutherans raised its holdings in shares of Six Flags Entertainment Corporation New by 542.2% during the 2nd quarter. Thrivent Financial For Lutherans now owns 783,720 shares of the company’s stock valued at $46,718,000 after purchasing an additional 661,690 shares in the last quarter. Finally, Davidson Kempner Capital Management LP raised its holdings in shares of Six Flags Entertainment Corporation New by 438.3% during the 2nd quarter. Davidson Kempner Capital Management LP now owns 740,223 shares of the company’s stock valued at $44,125,000 after purchasing an additional 602,723 shares in the last quarter. Institutional investors and hedge funds own 90.95% of the company’s stock.

Six Flags Entertainment Corporation New (SIX) opened at $64.68 on Friday. Six Flags Entertainment Corporation New has a twelve month low of $51.25 and a twelve month 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. The stock has a market cap of $5,419.28, a PE ratio of 30.95, a PEG ratio of 3.87 and a beta of 1.15.

Six Flags Entertainment Corporation New (NYSE:SIX) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.31. Six Flags Entertainment Corporation New had a net margin of 13.24% and a negative return on equity of 47.41%. The company had revenue of $580.40 million for the quarter, compared to the consensus estimate of $583.59 million. During the same quarter in the previous year, the firm posted $1.09 EPS. The business’s revenue was up 4.1% compared to the same quarter last year. equities research analysts forecast that Six Flags Entertainment Corporation New will post 2.09 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Thursday, November 30th will be issued a dividend of $0.70 per share. This is an increase from Six Flags Entertainment Corporation New’s previous quarterly dividend of $0.64. The ex-dividend date is Wednesday, November 29th. This represents a $2.80 annualized dividend and a dividend yield of 4.33%. Six Flags Entertainment Corporation New’s payout ratio is presently 122.49%.

Several brokerages recently commented on SIX. B. Riley reiterated a “buy” rating on shares of Six Flags Entertainment Corporation New in a report on Wednesday, November 1st. BidaskClub downgraded shares of Six Flags Entertainment Corporation New from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $70.00 target price on shares of Six Flags Entertainment Corporation New in a report on Friday, October 27th. Janney Montgomery Scott reiterated a “buy” rating and issued a $70.00 target price on shares of Six Flags Entertainment Corporation New in a report on Tuesday, August 15th. Finally, Zacks Investment Research upgraded shares of Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a report on Saturday, July 29th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $67.00.

In related news, Director Jon L. Luther acquired 3,000 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were bought at an average price of $52.58 per share, for a total transaction of $157,740.00. Following the acquisition, the director now owns 53,511 shares in the company, valued at approximately $2,813,608.38. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 6.90% of the company’s stock.

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Six Flags Entertainment Corporation New 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.

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

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