Dimensional Fund Advisors LP Has $38.62 Million Stock Holdings in Six Flags Entertainment Co. (NYSE:SIX)

Dimensional Fund Advisors LP boosted its holdings in shares of Six Flags Entertainment Co. (NYSE:SIXFree Report) by 20.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,539,818 shares of the company’s stock after buying an additional 260,154 shares during the period. Dimensional Fund Advisors LP owned approximately 1.84% of Six Flags Entertainment worth $38,619,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. National Bank of Canada FI raised its holdings in Six Flags Entertainment by 527.2% during the fourth quarter. National Bank of Canada FI now owns 1,129 shares of the company’s stock worth $28,000 after buying an additional 949 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of Six Flags Entertainment in the third quarter valued at about $48,000. AXQ Capital LP purchased a new stake in shares of Six Flags Entertainment in the third quarter valued at about $216,000. III Capital Management purchased a new stake in shares of Six Flags Entertainment in the third quarter valued at about $335,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Six Flags Entertainment by 27.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,987 shares of the company’s stock valued at $401,000 after purchasing an additional 3,395 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SIX. Deutsche Bank Aktiengesellschaft downgraded shares of Six Flags Entertainment from a “buy” rating to a “hold” rating and lowered their target price for the company from $29.00 to $27.00 in a report on Wednesday, May 15th. B. Riley upgraded shares of Six Flags Entertainment from a “neutral” rating to a “buy” rating and increased their target price for the company from $30.00 to $31.00 in a report on Thursday, April 18th. Citigroup increased their price target on shares of Six Flags Entertainment from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, March 1st. Finally, StockNews.com began coverage on shares of Six Flags Entertainment in a research report on Friday. They set a “hold” rating for the company. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $28.00.

Check Out Our Latest Analysis on SIX

Six Flags Entertainment Trading Up 1.0 %

SIX stock opened at $25.39 on Friday. The firm has a 50 day moving average of $25.17 and a 200-day moving average of $24.97. The firm has a market capitalization of $2.14 billion, a P/E ratio of 79.34 and a beta of 2.20. Six Flags Entertainment Co. has a 12 month low of $18.29 and a 12 month high of $28.99.

Six Flags Entertainment (NYSE:SIXGet Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.18). Six Flags Entertainment had a net margin of 1.84% and a negative return on equity of 6.61%. The firm had revenue of $292.55 million for the quarter, compared to analysts’ expectations of $298.42 million. Sell-side analysts predict that Six Flags Entertainment Co. will post 1.54 EPS for the current year.

Insider Buying and Selling at Six Flags Entertainment

In other Six Flags Entertainment news, CAO Derek Sample sold 2,300 shares of Six Flags Entertainment stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $26.44, for a total transaction of $60,812.00. Following the completion of the sale, the chief accounting officer now directly owns 12,805 shares in the company, valued at $338,564.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.49% of the stock is currently owned by company insiders.

Six Flags Entertainment Company Profile

(Free Report)

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.

See Also

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

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