Six Flags Entertainment Co. (NYSE:SIX) Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC increased its position in Six Flags Entertainment Co. (NYSE:SIX) by 9.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,842 shares of the company’s stock after acquiring an additional 3,263 shares during the period. Yousif Capital Management LLC’s holdings in Six Flags Entertainment were worth $974,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SIX. DekaBank Deutsche Girozentrale acquired a new position in shares of Six Flags Entertainment during the third quarter valued at $48,000. AXQ Capital LP acquired a new position in shares of Six Flags Entertainment during the 3rd quarter valued at $216,000. III Capital Management bought a new stake in shares of Six Flags Entertainment in the 3rd quarter worth $335,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Six Flags Entertainment by 27.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,987 shares of the company’s stock worth $401,000 after buying an additional 3,395 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Six Flags Entertainment by 5.9% in the fourth quarter. Cerity Partners LLC now owns 16,058 shares of the company’s stock valued at $403,000 after buying an additional 895 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

Analysts Set New Price Targets

SIX has been the topic of several research reports. StockNews.com started coverage on shares of Six Flags Entertainment in a research report on Monday, April 29th. They issued a “hold” rating on the stock. Citigroup increased their target price on shares of Six Flags Entertainment from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, March 1st. Truist Financial lifted their price target on shares of Six Flags Entertainment from $23.00 to $24.00 and gave the stock a “hold” rating in a research report on Tuesday, January 9th. Finally, B. Riley raised Six Flags Entertainment from a “neutral” rating to a “buy” rating and upped their price target for the company from $30.00 to $31.00 in a report on Thursday, April 18th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $28.31.

Six Flags Entertainment Stock Up 3.0 %

SIX opened at $24.72 on Friday. Six Flags Entertainment Co. has a 12-month low of $18.29 and a 12-month high of $28.99. The firm has a market capitalization of $2.08 billion, a P/E ratio of 53.74 and a beta of 2.20. The stock has a fifty day moving average of $25.02 and a 200-day moving average of $24.33.

Six Flags Entertainment (NYSE:SIX) last announced its quarterly earnings data 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 negative return on equity of 7.31% and a net margin of 2.73%. The business had revenue of $292.55 million during the quarter, compared to analysts’ expectations of $298.42 million. On average, analysts expect that Six Flags Entertainment Co. will post 1.78 earnings per share for the current fiscal year.

Six Flags Entertainment Company 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.