Yousif Capital Management LLC Increases Stock Holdings in Six Flags Entertainment Co. (NYSE:SIX)

Yousif Capital Management LLC raised its position in Six Flags Entertainment Co. (NYSE:SIX) by 9.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,842 shares of the company’s stock after purchasing an additional 3,263 shares during the quarter. Yousif Capital Management LLC’s holdings in Six Flags Entertainment were worth $974,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Cooper Creek Partners Management LLC raised its position in shares of Six Flags Entertainment by 73.1% during the 3rd quarter. Cooper Creek Partners Management LLC now owns 3,287,128 shares of the company’s stock valued at $77,280,000 after buying an additional 1,387,734 shares during the period. Rush Island Management LP lifted its stake in shares of Six Flags Entertainment by 23.9% in the 3rd quarter. Rush Island Management LP now owns 3,468,122 shares of the company’s stock valued at $81,536,000 after purchasing an additional 668,986 shares during the last quarter. UBS Group AG grew its holdings in shares of Six Flags Entertainment by 26,744.9% during the 3rd quarter. UBS Group AG now owns 584,413 shares of the company’s stock worth $13,740,000 after purchasing an additional 582,236 shares during the period. Hawk Ridge Capital Management LP increased its position in shares of Six Flags Entertainment by 81.3% during the 3rd quarter. Hawk Ridge Capital Management LP now owns 1,193,868 shares of the company’s stock worth $28,068,000 after purchasing an additional 535,486 shares during the last quarter. Finally, Land & Buildings Investment Management LLC raised its holdings in Six Flags Entertainment by 60.9% in the 3rd quarter. Land & Buildings Investment Management LLC now owns 1,383,986 shares of the company’s stock valued at $32,538,000 after buying an additional 524,070 shares during the period. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on SIX shares. Citigroup increased their target price on shares of Six Flags Entertainment from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, March 1st. Truist Financial boosted their target price on Six Flags Entertainment from $23.00 to $24.00 and gave the company a “hold” rating in a research report on Tuesday, January 9th. B. Riley upgraded Six Flags Entertainment from a “neutral” rating to a “buy” rating and upped their price target for the stock from $30.00 to $31.00 in a research note on Thursday, April 18th. Finally, StockNews.com started coverage on Six Flags Entertainment in a research note on Monday, April 29th. They issued a “hold” rating for the company. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $28.31.

Six Flags Entertainment Stock Performance

SIX stock opened at $24.72 on Friday. The company’s 50 day moving average price is $25.02 and its 200 day moving average price is $24.33. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 53.74 and a beta of 2.20. Six Flags Entertainment Co. has a fifty-two week low of $18.29 and a fifty-two week high of $28.99.

Six Flags Entertainment (NYSE:SIX) last announced its quarterly earnings data on Thursday, February 29th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.18). The firm had revenue of $292.55 million during the quarter, compared to analyst estimates of $298.42 million. Six Flags Entertainment had a net margin of 2.73% and a negative return on equity of 7.31%. Equities analysts forecast that Six Flags Entertainment Co. will post 1.78 EPS for the current fiscal year.

About Six Flags Entertainment

Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company sells food, beverages, merchandise, and other products and services within its parks.