Six Flags Entertainment Corp (SIX) : Atika Capital Management scooped up 33,000 additional shares in Six Flags Entertainment Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 166,000 shares of Six Flags Entertainment Corp which is valued at $8,794,680.Six Flags Entertainment Corp makes up approximately 4.38% of Atika Capital Management’s portfolio.
Other Hedge Funds, Including , D. E. Shaw reduced its stake in SIX by selling 44,351 shares or 73.64% in the most recent quarter. The Hedge Fund company now holds 15,877 shares of SIX which is valued at $841,163.Lord Abbett reduced its stake in SIX by selling 212,788 shares or 55.15% in the most recent quarter. The Hedge Fund company now holds 173,013 shares of SIX which is valued at $9,166,229. Six Flags Entertainment Corp makes up approx 0.03% of Lord Abbett’s portfolio. Stanley-laman Group Ltd. sold out all of its stake in SIX during the most recent quarter. The investment firm sold 12,940 shares of SIX which is valued $698,889. Timber Hill added SIX to its portfolio by purchasing 8,098 company shares during the most recent quarter which is valued at $437,373. Six Flags Entertainment Corp makes up approx 0.03% of Timber Hill’s portfolio.Cambridge Investment Research Advisors reduced its stake in SIX by selling 6,851 shares or 29.51% in the most recent quarter. The Hedge Fund company now holds 16,363 shares of SIX which is valued at $883,766. Six Flags Entertainment Corp makes up approx 0.02% of Cambridge Investment Research Advisors’s portfolio.
Six Flags Entertainment Corp opened for trading at $48.21 and hit $48.59 on the upside on Thursday, eventually ending the session at $48.26, with a gain of 0.15% or 0.07 points. The heightened volatility saw the trading volume jump to 13,17,426 shares. Company has a market cap of $4,483 M.
On the company’s financial health, Six Flags Entertainment Corp reported $0.64 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.69. The company had revenue of $407.07 million for the quarter, compared to analysts expectations of $409.30 million. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.
Many Wall Street Analysts have commented on Six Flags Entertainment Corp. Six Flags Entertainment Corp was Initiated by Hilliard Lyons to “Long-term Buy” on Aug 23, 2016.
Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates 18 regional theme and water parks. Of these 16 are located in the United States one is located in Mexico City Mexico and one is located in Montreal Canada. Its parks generally offer a selection of thrill rides water attractions themed areas concerts and shows restaurants game venues and retail outlets. The Company’s parks offer approximately 800 rides including over 130 roller coasters. Its parks include Six Flags America Six Flags Discovery Kingdom Six Flags Fiesta Texas Six Flags Great Adventure & Safari Six Flags Great America Six Flags St. Louis Six Flags Magic Mountain Six Flags Mexico Six Flags New England Six Flags Over Georgia Six Flags Whitewater Atlanta Six Flags Over Texas La Ronde and Six Flags Great Escape Lodge & Indoor Waterpark.