Six Flags Entertainment Co. (NYSE:SIX) Shares Acquired by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Six Flags Entertainment Co. (NYSE:SIX) by 27.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,987 shares of the company’s stock after purchasing an additional 3,395 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Six Flags Entertainment were worth $401,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cooper Creek Partners Management LLC boosted its stake in shares of Six Flags Entertainment by 73.1% during the third quarter. Cooper Creek Partners Management LLC now owns 3,287,128 shares of the company’s stock worth $77,280,000 after buying an additional 1,387,734 shares during the period. Rush Island Management LP increased its holdings in shares of Six Flags Entertainment by 23.9% in the third quarter. Rush Island Management LP now owns 3,468,122 shares of the company’s stock valued at $81,536,000 after purchasing an additional 668,986 shares during the period. UBS Group AG raised its stake in shares of Six Flags Entertainment by 26,744.9% during the third quarter. UBS Group AG now owns 584,413 shares of the company’s stock worth $13,740,000 after purchasing an additional 582,236 shares during the last quarter. Hawk Ridge Capital Management LP lifted its holdings in shares of Six Flags Entertainment by 81.3% during the third quarter. Hawk Ridge Capital Management LP now owns 1,193,868 shares of the company’s stock worth $28,068,000 after purchasing an additional 535,486 shares during the period. Finally, Land & Buildings Investment Management LLC grew its position in Six Flags Entertainment by 60.9% in the 3rd quarter. Land & Buildings Investment Management LLC now owns 1,383,986 shares of the company’s stock valued at $32,538,000 after buying an additional 524,070 shares during the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Six Flags Entertainment Stock Up 3.0 %

NYSE:SIX opened at $24.72 on Friday. The company has a market capitalization of $2.08 billion, a PE ratio of 53.74 and a beta of 2.20. Six Flags Entertainment Co. has a 52-week low of $18.29 and a 52-week high of $28.99. The stock has a fifty day simple moving average of $25.02 and a 200-day simple moving average of $24.31.

Six Flags Entertainment (NYSE:SIX) last announced its quarterly earnings results on Thursday, February 29th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.18). Six Flags Entertainment had a net margin of 2.73% and a negative return on equity of 7.31%. The business had revenue of $292.55 million during the quarter, compared to analysts’ expectations of $298.42 million. As a group, equities analysts anticipate that Six Flags Entertainment Co. will post 1.79 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on SIX shares. StockNews.com assumed coverage on shares of Six Flags Entertainment in a research note on Monday, April 29th. They issued a “hold” rating for the company. Truist Financial lifted their price objective on Six Flags Entertainment from $23.00 to $24.00 and gave the company a “hold” rating in a report on Tuesday, January 9th. B. Riley raised Six Flags Entertainment from a “neutral” rating to a “buy” rating and raised their price target for the company from $30.00 to $31.00 in a report on Thursday, April 18th. Finally, Citigroup upped their price objective on Six Flags Entertainment from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, March 1st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $28.31.

Six Flags Entertainment Profile

Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company sells food, beverages, merchandise, and other products and services within its parks.