Six Flags Entertainment Corporation $FUN Holdings Trimmed by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC decreased its holdings in Six Flags Entertainment Corporation (NYSE:FUN) by 27.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 368,995 shares of the company’s stock after selling 139,572 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Six Flags Entertainment were worth $5,660,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FUN. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Six Flags Entertainment by 259.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,000 shares of the company’s stock valued at $30,000 after purchasing an additional 722 shares in the last quarter. Danske Bank A S acquired a new stake in Six Flags Entertainment in the 3rd quarter worth $27,000. Ameritas Advisory Services LLC acquired a new stake in Six Flags Entertainment during the third quarter worth about $30,000. CoreCap Advisors LLC increased its position in shares of Six Flags Entertainment by 145.5% during the fourth quarter. CoreCap Advisors LLC now owns 1,645 shares of the company’s stock valued at $25,000 after purchasing an additional 975 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Six Flags Entertainment in the 4th quarter valued at $28,000. 64.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on FUN shares. Weiss Ratings lowered Six Flags Entertainment from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 15th. The Goldman Sachs Group upped their price objective on Six Flags Entertainment from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Truist Financial raised their target price on shares of Six Flags Entertainment from $23.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday, March 26th. Guggenheim decreased their price objective on Six Flags Entertainment from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Finally, Wall Street Zen raised shares of Six Flags Entertainment from a “sell” rating to a “hold” rating in a research note on Sunday, May 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $24.85.

Insider Activity at Six Flags Entertainment

In other news, Director Marilyn G. Spiegel purchased 2,500 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were acquired at an average price of $19.10 per share, with a total value of $47,750.00. Following the completion of the transaction, the director owned 15,161 shares of the company’s stock, valued at $289,575.10. The trade was a 19.75% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Richard M. Haddrill purchased 10,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were acquired at an average price of $19.08 per share, for a total transaction of $190,800.00. Following the completion of the acquisition, the insider directly owned 230,117 shares in the company, valued at approximately $4,390,632.36. This represents a 4.54% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 15,000 shares of company stock worth $286,350. 2.10% of the stock is owned by corporate insiders.

Six Flags Entertainment Price Performance

Shares of FUN opened at $21.07 on Tuesday. The company’s 50-day moving average is $19.03 and its 200-day moving average is $17.04. The company has a debt-to-equity ratio of 19.13, a current ratio of 0.68 and a quick ratio of 0.62. The firm has a market capitalization of $2.15 billion, a PE ratio of -1.29 and a beta of 0.38. Six Flags Entertainment Corporation has a fifty-two week low of $12.51 and a fifty-two week high of $33.79.

Six Flags Entertainment (NYSE:FUN) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($2.65) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.71) by $0.06. Six Flags Entertainment had a positive return on equity of 5.17% and a negative net margin of 52.76%.The business had revenue of $225.63 million during the quarter, compared to analysts’ expectations of $207.49 million. Equities analysts forecast that Six Flags Entertainment Corporation will post -0.28 EPS for the current year.

Six Flags Entertainment Company Profile

Six Flags Entertainment Corporation is a publicly traded regional theme park operator based in Arlington, Texas. The company develops, owns and operates amusement and water parks, offering a diverse portfolio of thrill rides, family attractions, live entertainment, food and beverage offerings, and retail merchandise. Its main revenue streams include single-day tickets, season passes, on-site accommodations, in-park retail sales, and food and beverage services.

Founded in 1961 by Angus G.