Six Flags Entertainment Corporation $FUN Stock Holdings Lifted by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its position in shares of Six Flags Entertainment Corporation (NYSE:FUN) by 106.9% in the fourth quarter, Holdings Channel reports. The firm owned 128,276 shares of the company’s stock after buying an additional 66,263 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Six Flags Entertainment were worth $1,968,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. CoreCap Advisors LLC grew its stake in shares of Six Flags Entertainment by 145.5% in the 4th quarter. CoreCap Advisors LLC now owns 1,645 shares of the company’s stock valued at $25,000 after buying an additional 975 shares in the last quarter. Danske Bank A S bought a new position in Six Flags Entertainment during the third quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Six Flags Entertainment in the fourth quarter valued at approximately $28,000. Ameritas Advisory Services LLC acquired a new stake in Six Flags Entertainment in the third quarter valued at approximately $30,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Six Flags Entertainment by 259.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,000 shares of the company’s stock worth $30,000 after acquiring an additional 722 shares in the last quarter. 64.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on FUN shares. Barclays raised their price target on shares of Six Flags Entertainment from $22.00 to $26.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Guggenheim decreased their price objective on shares of Six Flags Entertainment from $33.00 to $29.00 and set a “buy” rating for the company in a report on Monday, April 13th. Weiss Ratings lowered Six Flags Entertainment from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 15th. The Goldman Sachs Group boosted their price target on Six Flags Entertainment from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Citigroup upped their price target on Six Flags Entertainment from $20.00 to $24.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.85.

Six Flags Entertainment Stock Performance

Shares of FUN opened at $20.32 on Friday. The company has a market capitalization of $2.08 billion, a PE ratio of -1.25 and a beta of 0.35. Six Flags Entertainment Corporation has a one year low of $12.51 and a one year high of $34.96. The company has a debt-to-equity ratio of 19.13, a current ratio of 0.68 and a quick ratio of 0.62. The company’s fifty day moving average price is $18.89 and its 200 day moving average price is $16.97.

Six Flags Entertainment (NYSE:FUN) last released its quarterly earnings results on Thursday, May 7th. The company reported ($2.65) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.71) by $0.06. The company had revenue of $225.63 million during the quarter, compared to analysts’ expectations of $207.49 million. Six Flags Entertainment had a negative net margin of 52.76% and a positive return on equity of 5.17%. As a group, analysts expect that Six Flags Entertainment Corporation will post -0.28 earnings per share for the current year.

Insider Buying and Selling

In other Six Flags Entertainment news, insider Richard M. Haddrill purchased 10,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average cost of $19.08 per share, with a total value of $190,800.00. Following the transaction, the insider directly owned 230,117 shares in the company, valued at approximately $4,390,632.36. This represents a 4.54% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Marilyn G. Spiegel purchased 2,500 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were acquired at an average price of $19.10 per share, with a total value of $47,750.00. Following the completion of the acquisition, the director owned 15,161 shares of the company’s stock, valued at approximately $289,575.10. The trade was a 19.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 15,000 shares of company stock worth $286,350 in the last ninety days. Insiders own 2.10% of the company’s stock.

About Six Flags Entertainment

Six Flags Entertainment Corporation is a publicly traded regional theme park operator based in Arlington, Texas. The company develops, owns and operates amusement and water parks, offering a diverse portfolio of thrill rides, family attractions, live entertainment, food and beverage offerings, and retail merchandise. Its main revenue streams include single-day tickets, season passes, on-site accommodations, in-park retail sales, and food and beverage services.

Founded in 1961 by Angus G.