Landscape Capital Management L.L.C. Buys Shares of 73,324 Six Flags Entertainment Corp (NYSE:SIX)

Landscape Capital Management L.L.C. bought a new stake in Six Flags Entertainment Corp (NYSE:SIX) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 73,324 shares of the company’s stock, valued at approximately $3,643,000. Landscape Capital Management L.L.C. owned 0.09% of Six Flags Entertainment at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Aurora Investment Counsel raised its stake in shares of Six Flags Entertainment by 0.6% during the 2nd quarter. Aurora Investment Counsel now owns 36,707 shares of the company’s stock valued at $1,939,000 after purchasing an additional 223 shares during the period. Great West Life Assurance Co. Can raised its stake in shares of Six Flags Entertainment by 0.5% during the 1st quarter. Great West Life Assurance Co. Can now owns 44,377 shares of the company’s stock valued at $2,190,000 after purchasing an additional 232 shares during the period. NEXT Financial Group Inc raised its stake in shares of Six Flags Entertainment by 4.4% during the 2nd quarter. NEXT Financial Group Inc now owns 6,990 shares of the company’s stock valued at $348,000 after purchasing an additional 295 shares during the period. Oregon Public Employees Retirement Fund raised its stake in shares of Six Flags Entertainment by 1.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 29,017 shares of the company’s stock valued at $1,442,000 after purchasing an additional 409 shares during the period. Finally, Mason Street Advisors LLC raised its stake in shares of Six Flags Entertainment by 1.1% during the 1st quarter. Mason Street Advisors LLC now owns 38,002 shares of the company’s stock valued at $1,875,000 after purchasing an additional 416 shares during the period. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Six Flags Entertainment stock traded up $1.49 during midday trading on Thursday, hitting $55.16. 88,619 shares of the company’s stock were exchanged, compared to its average volume of 1,250,534. Six Flags Entertainment Corp has a 52-week low of $46.68 and a 52-week high of $72.39. The stock’s 50-day moving average price is $52.56. The firm has a market capitalization of $4.55 billion, a P/E ratio of 17.06, a P/E/G ratio of 2.84 and a beta of 1.04.



Six Flags Entertainment (NYSE:SIX) last posted its earnings results on Wednesday, July 24th. The company reported $1.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.01. Six Flags Entertainment had a negative return on equity of 41.03% and a net margin of 18.35%. The business had revenue of $477.20 million during the quarter, compared to analysts’ expectations of $468.44 million. During the same period in the previous year, the business earned $0.88 earnings per share. The firm’s revenue was up 7.1% on a year-over-year basis. As a group, research analysts anticipate that Six Flags Entertainment Corp will post 2.83 earnings per share for the current year.

A number of analysts recently issued reports on SIX shares. Wedbush upgraded Six Flags Entertainment from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $51.00 to $62.00 in a research note on Wednesday, June 19th. ValuEngine upgraded Six Flags Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday, August 10th. Wells Fargo & Co upgraded Six Flags Entertainment from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $52.00 to $56.00 in a research note on Tuesday, July 9th. Finally, Jefferies Financial Group assumed coverage on Six Flags Entertainment in a research report on Monday, April 22nd. They set a “hold” rating and a $56.00 target price for the company. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Six Flags Entertainment presently has a consensus rating of “Buy” and a consensus target price of $61.40.

About Six Flags Entertainment

Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 25 parks, including 22 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.

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

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