Oregon Public Employees Retirement Fund Has $1.44 Million Stock Position in Six Flags Entertainment Corp (NYSE:SIX)

Oregon Public Employees Retirement Fund increased its holdings in shares of Six Flags Entertainment Corp (NYSE:SIX) by 1.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 29,017 shares of the company’s stock after acquiring an additional 409 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Six Flags Entertainment were worth $1,442,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Synovus Financial Corp bought a new position in Six Flags Entertainment in the first quarter worth approximately $25,000. Next Capital Management LLC bought a new position in Six Flags Entertainment in the first quarter worth approximately $34,000. BNP Paribas Arbitrage SA boosted its holdings in Six Flags Entertainment by 101.3% in the first quarter. BNP Paribas Arbitrage SA now owns 2,540 shares of the company’s stock worth $125,000 after acquiring an additional 1,278 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Six Flags Entertainment by 30.3% in the first quarter. Victory Capital Management Inc. now owns 2,883 shares of the company’s stock worth $142,000 after acquiring an additional 671 shares in the last quarter. Finally, NumerixS Investment Technologies Inc boosted its holdings in Six Flags Entertainment by 3,500.0% in the first quarter. NumerixS Investment Technologies Inc now owns 3,600 shares of the company’s stock worth $176,000 after acquiring an additional 3,500 shares in the last quarter. Institutional investors and hedge funds own 84.13% of the company’s stock.

Shares of SIX stock traded down $1.09 during trading hours on Monday, reaching $51.30. The company had a trading volume of 7,346 shares, compared to its average volume of 1,228,450. Six Flags Entertainment Corp has a 12 month low of $46.68 and a 12 month high of $72.39. The firm has a fifty day moving average of $52.06. The company has a market capitalization of $4.42 billion, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 2.80 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 earnings per share for the quarter, beating the Zacks’ 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 company had revenue of $477.20 million for the quarter, compared to analyst estimates of $468.44 million. During the same quarter last year, the company earned $0.88 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, research analysts predict that Six Flags Entertainment Corp will post 2.83 EPS for the current year.

SIX has been the topic of several recent research reports. Wells Fargo & Co upgraded Six Flags Entertainment from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $52.00 to $56.00 in a report on Tuesday, July 9th. Jefferies Financial Group initiated coverage on Six Flags Entertainment in a report on Monday, April 22nd. They issued a “hold” rating and a $56.00 price target on the stock. Finally, Wedbush upgraded Six Flags Entertainment from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $51.00 to $62.00 in a report on Wednesday, June 19th. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. Six Flags Entertainment has an average rating of “Buy” and a consensus target price of $61.40.

Six Flags Entertainment Company Profile

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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