Six Flags Entertainment Corporation New (SIX) Holdings Reduced by Deroy & Devereaux Private Investment Counsel Inc.

Deroy & Devereaux Private Investment Counsel Inc. decreased its position in Six Flags Entertainment Corporation New (NYSE:SIX) by 91.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,450 shares of the company’s stock after selling 201,808 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Six Flags Entertainment Corporation New were worth $1,124,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vaughan Nelson Investment Management L.P. bought a new position in Six Flags Entertainment Corporation New in the 3rd quarter worth about $20,601,000. First Trust Advisors LP bought a new position in Six Flags Entertainment Corporation New in the 3rd quarter worth about $205,000. Nationwide Fund Advisors grew its position in Six Flags Entertainment Corporation New by 50.7% in the 3rd quarter. Nationwide Fund Advisors now owns 198,368 shares of the company’s stock worth $12,089,000 after purchasing an additional 66,718 shares during the last quarter. Advisors Capital Management LLC grew its position in Six Flags Entertainment Corporation New by 2.1% in the 3rd quarter. Advisors Capital Management LLC now owns 369,133 shares of the company’s stock worth $22,495,000 after purchasing an additional 7,586 shares during the last quarter. Finally, Financial Consulate Inc. bought a new position in Six Flags Entertainment Corporation New in the 3rd quarter worth about $272,000. Hedge funds and other institutional investors own 88.35% of the company’s stock.

Several research firms have commented on SIX. William Blair began coverage on shares of Six Flags Entertainment Corporation New in a research report on Friday, July 21st. They issued an “outperform” rating for the company. Zacks Investment Research upgraded shares of Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research report on Saturday. SunTrust Banks, Inc. restated a “buy” rating and issued a $70.00 target price on shares of Six Flags Entertainment Corporation New in a research report on Friday. BidaskClub upgraded shares of Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, FBR & Co restated a “buy” rating on shares of Six Flags Entertainment Corporation New in a research report on Wednesday, July 19th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company. Six Flags Entertainment Corporation New presently has an average rating of “Buy” and an average target price of $67.00.

Shares of Six Flags Entertainment Corporation New (NYSE SIX) traded up 0.14% during mid-day trading on Friday, reaching $62.72. 1,395,036 shares of the company were exchanged. Six Flags Entertainment Corporation New has a 12 month low of $51.25 and a 12 month high of $65.19. The firm has a 50-day moving average price of $59.54 and a 200 day moving average price of $58.71. The stock has a market capitalization of $5.37 billion, a P/E ratio of 58.29 and a beta of 1.16.

Six Flags Entertainment Corporation New (NYSE:SIX) last announced its earnings results on Wednesday, October 25th. The company reported $2.11 earnings per share for the quarter, topping the Zacks’ 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 during the quarter, compared to the consensus estimate of $583.59 million. During the same period in the previous year, the firm posted $1.09 earnings per share. The company’s revenue was up 4.1% on a year-over-year basis. Equities research analysts anticipate that Six Flags Entertainment Corporation New will post $2.02 EPS for the current fiscal year.

In other Six Flags Entertainment Corporation New news, Director Jon L. Luther purchased 3,000 shares of the stock in a transaction dated Tuesday, August 29th. The stock was bought at an average price of $52.58 per share, for a total transaction of $157,740.00. Following the transaction, the director now directly owns 53,511 shares in the company, valued at $2,813,608.38. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lance C. Balk sold 48,998 shares of Six Flags Entertainment Corporation New stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $57.10, for a total transaction of $2,797,785.80. The disclosure for this sale can be found here. Insiders own 6.90% of the company’s stock.

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Six Flags Entertainment Corporation New Company 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.

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

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