Six Flags Entertainment Co. (NYSE:SIX) Shares Sold by Duality Advisers LP

Posted by on May 8th, 2023

Duality Advisers LP lessened its holdings in Six Flags Entertainment Co. (NYSE:SIX – Get Rating) by 81.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,034 shares of the company’s stock after selling 74,427 shares during the period. Duality Advisers LP’s holdings in Six Flags Entertainment were worth $396,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. State of Alaska Department of Revenue lifted its stake in Six Flags Entertainment by 0.8% during the 4th quarter. State of Alaska Department of Revenue now owns 51,583 shares of the company’s stock worth $1,199,000 after acquiring an additional 402 shares in the last quarter. CWM LLC lifted its stake in Six Flags Entertainment by 51.7% during the 4th quarter. CWM LLC now owns 1,186 shares of the company’s stock worth $28,000 after acquiring an additional 404 shares in the last quarter. Penn Capital Management Company LLC lifted its stake in Six Flags Entertainment by 0.7% during the 1st quarter. Penn Capital Management Company LLC now owns 60,218 shares of the company’s stock worth $2,645,000 after acquiring an additional 425 shares in the last quarter. Captrust Financial Advisors lifted its stake in Six Flags Entertainment by 34.0% during the 2nd quarter. Captrust Financial Advisors now owns 1,685 shares of the company’s stock worth $37,000 after acquiring an additional 428 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in Six Flags Entertainment by 1.8% during the 2nd quarter. LPL Financial LLC now owns 41,435 shares of the company’s stock worth $899,000 after acquiring an additional 722 shares in the last quarter. Institutional investors and hedge funds own 92.11% of the company’s stock.

Analysts Set New Price Targets

SIX has been the topic of several research reports. Morgan Stanley started coverage on Six Flags Entertainment in a research note on Thursday, April 20th. They set an “equal weight” rating and a $29.00 target price on the stock. Deutsche Bank Aktiengesellschaft upped their price target on Six Flags Entertainment from $29.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, March 6th. Citigroup upped their price target on Six Flags Entertainment from $27.00 to $30.00 and gave the stock a “neutral” rating in a report on Friday, March 3rd. StockNews.com started coverage on Six Flags Entertainment in a report on Thursday, March 16th. They set a “hold” rating on the stock. Finally, Rosenblatt Securities upped their price target on Six Flags Entertainment from $31.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, March 22nd. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $30.17.

Six Flags Entertainment Stock Up 1.2 %

SIX opened at $22.44 on Monday. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 17.00 and a beta of 2.19. Six Flags Entertainment Co. has a 52 week low of $16.83 and a 52 week high of $35.11. The business’s 50 day moving average is $25.37 and its two-hundred day moving average is $24.65.

Six Flags Entertainment (NYSE:SIX – Get Rating) last released its quarterly earnings results on Thursday, March 2nd. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.23 by $0.09. The company had revenue of $279.88 million for the quarter, compared to analyst estimates of $282.05 million. Six Flags Entertainment had a negative return on equity of 13.50% and a net margin of 8.02%. Equities analysts expect that Six Flags Entertainment Co. will post 2.13 EPS for the current fiscal year.

Six Flags Entertainment Profile

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Six Flags Entertainment Corp. engages in the ownership and operation of theme parks and water parks. It operates under the brand name Six Flags, which offers rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company was founded by Angus G. Wynne Jr.

See Also

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

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