Six Flags Entertainment Corporation New (SIX) Shares Bought by Thrivent Financial For Lutherans

Thrivent Financial For Lutherans lifted its holdings in shares of Six Flags Entertainment Corporation New (NYSE:SIX) by 542.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 783,720 shares of the company’s stock after acquiring an additional 661,690 shares during the period. Thrivent Financial For Lutherans owned approximately 0.92% of Six Flags Entertainment Corporation New worth $46,718,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Avenir Corp grew its stake in shares of Six Flags Entertainment Corporation New by 0.6% during the first quarter. Avenir Corp now owns 5,880 shares of the company’s stock worth $350,000 after acquiring an additional 35 shares during the last quarter. Banced Corp boosted its position in Six Flags Entertainment Corporation New by 0.5% in the second quarter. Banced Corp now owns 7,752 shares of the company’s stock valued at $462,000 after buying an additional 38 shares during the last quarter. TD Asset Management Inc. boosted its position in Six Flags Entertainment Corporation New by 0.4% in the second quarter. TD Asset Management Inc. now owns 13,200 shares of the company’s stock valued at $787,000 after buying an additional 59 shares during the last quarter. Teacher Retirement System of Texas boosted its position in Six Flags Entertainment Corporation New by 1.4% in the second quarter. Teacher Retirement System of Texas now owns 5,828 shares of the company’s stock valued at $347,000 after buying an additional 80 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in Six Flags Entertainment Corporation New by 0.4% in the first quarter. Public Employees Retirement System of Ohio now owns 34,029 shares of the company’s stock valued at $2,024,000 after buying an additional 151 shares during the last quarter. Institutional investors and hedge funds own 88.65% of the company’s stock.

Shares of Six Flags Entertainment Corporation New (NYSE:SIX) traded up 0.37% on Friday, reaching $57.61. The company’s stock had a trading volume of 1,784,442 shares. The company has a market capitalization of $4.93 billion, a price-to-earnings ratio of 53.54 and a beta of 1.15. The stock has a 50-day moving average price of $54.49 and a 200-day moving average price of $58.39. Six Flags Entertainment Corporation New has a 1-year low of $50.33 and a 1-year high of $65.19.

Six Flags Entertainment Corporation New (NYSE:SIX) last announced its earnings results on Wednesday, July 26th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.11). Six Flags Entertainment Corporation New had a net margin of 7.49% and a negative return on equity of 41.86%. The company had revenue of $422.37 million during the quarter, compared to analysts’ expectations of $438.04 million. During the same quarter last year, the business posted $0.64 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, equities research analysts forecast that Six Flags Entertainment Corporation New will post $1.86 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Thursday, August 31st were paid a $0.64 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $2.56 annualized dividend and a dividend yield of 4.44%. Six Flags Entertainment Corporation New’s dividend payout ratio (DPR) is currently 239.25%.

A number of equities research analysts recently commented on SIX shares. Stifel Nicolaus reiterated a “buy” rating and issued a $73.00 target price on shares of Six Flags Entertainment Corporation New in a research report on Friday, July 14th. Zacks Investment Research upgraded Six Flags Entertainment Corporation New from a “sell” rating to a “hold” rating in a research report on Saturday, July 22nd. Hilliard Lyons upgraded Six Flags Entertainment Corporation New from a “neutral” rating to a “buy” rating and set a $59.00 target price on the stock in a research report on Wednesday, August 30th. BidaskClub lowered Six Flags Entertainment Corporation New from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Finally, Wedbush dropped their target price on Six Flags Entertainment Corporation New from $70.00 to $60.00 and set an “outperform” rating on the stock in a research report on Thursday, June 8th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the stock. Six Flags Entertainment Corporation New currently has an average rating of “Buy” and an average price target of $65.67.

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In other Six Flags Entertainment Corporation New news, VP Lance C. Balk sold 48,998 shares of Six Flags Entertainment Corporation New stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $57.10, for a total value of $2,797,785.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jon L. Luther bought 3,000 shares of the stock in a transaction on Tuesday, August 29th. The stock was bought at an average price of $52.58 per share, for a total transaction of $157,740.00. Following the completion of the purchase, the director now directly owns 53,511 shares in the company, valued at approximately $2,813,608.38. The disclosure for this purchase can be found here. Company insiders own 6.90% of the company’s stock.

Six Flags Entertainment Corporation New Company Profile

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 19 regional theme and water parks. Its parks occupy approximately 4,500 acres of land. Its parks are located in geographically diverse markets across North America.

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

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