52,062 Shares in Six Flags Entertainment Corp (SIX) Acquired by Kettle Hill Capital Management LLC

Kettle Hill Capital Management LLC purchased a new stake in Six Flags Entertainment Corp (NYSE:SIX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 52,062 shares of the company’s stock, valued at approximately $3,122,000. Six Flags Entertainment Corp comprises about 3.0% of Kettle Hill Capital Management LLC’s investment portfolio, making the stock its 15th largest position. Kettle Hill Capital Management LLC owned 0.06% of Six Flags Entertainment Corp at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Washington Trust Bank boosted its stake in Six Flags Entertainment Corp by 24.8% in the third quarter. Washington Trust Bank now owns 2,159 shares of the company’s stock valued at $116,000 after buying an additional 429 shares during the period. FineMark National Bank & Trust boosted its stake in Six Flags Entertainment Corp by 197.5% in the third quarter. FineMark National Bank & Trust now owns 2,615 shares of the company’s stock valued at $140,000 after buying an additional 1,736 shares during the period. Sapphire Star Partners LP bought a new stake in Six Flags Entertainment Corp during the fourth quarter valued at approximately $201,000. Emerald Mutual Fund Advisers Trust bought a new stake in Six Flags Entertainment Corp during the third quarter valued at approximately $202,000. Finally, Family Management Corp bought a new stake in Six Flags Entertainment Corp during the second quarter valued at approximately $203,000. Institutional investors and hedge funds own 83.76% of the company’s stock.

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

Six Flags Entertainment Corp (NYSE:SIX) traded down 0.35% during mid-day trading on Monday, hitting $60.29. The company had a trading volume of 400,890 shares. Six Flags Entertainment Corp has a one year low of $47.00 and a one year high of $62.69. The company has a market cap of $5.55 billion, a PE ratio of 49.06 and a beta of 1.18. The company’s 50 day moving average price is $60.41 and its 200-day moving average price is $55.56.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 13th. Investors of record on Wednesday, March 1st will be given a dividend of $0.64 per share. The ex-dividend date of this dividend is Monday, February 27th. This represents a $2.56 annualized dividend and a dividend yield of 4.25%. Six Flags Entertainment Corp’s dividend payout ratio is presently 204.80%.

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Several research firms have recently commented on SIX. B. Riley restated a “buy” rating and set a $65.00 price target on shares of Six Flags Entertainment Corp in a research note on Monday, October 24th. FBR & Co increased their price objective on Six Flags Entertainment Corp from $61.00 to $62.00 and gave the stock an “outperform” rating in a research report on Thursday, October 27th. Credit Suisse Group increased their price objective on Six Flags Entertainment Corp from $67.00 to $69.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 30th. Zacks Investment Research cut Six Flags Entertainment Corp from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 28th. Finally, Janney Montgomery Scott reiterated a “buy” rating and issued a $62.00 price objective on shares of Six Flags Entertainment Corp in a research report on Thursday, October 27th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Six Flags Entertainment Corp has an average rating of “Buy” and an average target price of $63.22.

In related news, CFO Marshall Barber sold 10,071 shares of the business’s stock in a transaction dated Tuesday, December 20th. The stock was sold at an average price of $60.00, for a total transaction of $604,260.00. Following the completion of the transaction, the chief financial officer now owns 77,219 shares of the company’s stock, valued at approximately $4,633,140. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Mario L. Centola sold 19,500 shares of the business’s stock in a transaction dated Thursday, December 1st. The stock was sold at an average price of $57.27, for a total value of $1,116,765.00. Following the transaction, the vice president now directly owns 17,222 shares of the company’s stock, valued at approximately $986,303.94. The disclosure for this sale can be found here. 7.10% of the stock is currently owned by insiders.

Six Flags Entertainment Corp 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.

5 Day Chart for NYSE:SIX

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