home Latest News Mascoma Wealth Management LLC Buys Shares of 500 Six Flags Entertainment Corp (SIX) – Fairfield Current

Mascoma Wealth Management LLC Buys Shares of 500 Six Flags Entertainment Corp (SIX) – Fairfield Current

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Mascoma Wealth Management LLC acquired a new position in shares of Six Flags Entertainment Corp (NYSE:SIX) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 500 shares of the company’s stock, valued at approximately $28,000.

A number of other institutional investors have also modified their holdings of the business. William Blair Investment Management LLC boosted its holdings in shares of Six Flags Entertainment by 3.5% in the third quarter. William Blair Investment Management LLC now owns 4,949,544 shares of the company’s stock valued at $345,578,000 after acquiring an additional 165,157 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Six Flags Entertainment by 1.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,685,496 shares of the company’s stock valued at $187,501,000 after acquiring an additional 49,490 shares in the last quarter. Capital World Investors purchased a new stake in shares of Six Flags Entertainment in the third quarter valued at about $167,568,000. Bank of New York Mellon Corp boosted its holdings in shares of Six Flags Entertainment by 16.6% in the third quarter. Bank of New York Mellon Corp now owns 2,020,972 shares of the company’s stock valued at $141,104,000 after acquiring an additional 288,077 shares in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in shares of Six Flags Entertainment by 0.7% in the third quarter. Bessemer Group Inc. now owns 1,802,119 shares of the company’s stock valued at $125,826,000 after acquiring an additional 12,628 shares in the last quarter. 95.28% of the stock is currently owned by institutional investors.

SIX has been the topic of several analyst reports. Zacks Investment Research raised shares of Six Flags Entertainment from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. SunTrust Banks lowered their target price on shares of Six Flags Entertainment to $65.00 and set a “buy” rating on the stock in a report on Thursday, October 25th. ValuEngine cut shares of Six Flags Entertainment from a “hold” rating to a “sell” rating in a research note on Wednesday, October 24th. Oppenheimer reduced their price objective on shares of Six Flags Entertainment from $80.00 to $68.00 in a research note on Thursday, January 17th. Finally, KeyCorp reduced their price objective on shares of Six Flags Entertainment from $72.00 to $69.00 and set an “overweight” rating for the company in a research note on Thursday, October 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $67.44.

In other news, VP Brett Petit sold 27,750 shares of Six Flags Entertainment stock in a transaction dated Wednesday, January 16th. The shares were sold at an average price of $63.00, for a total transaction of $1,748,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.50% of the company’s stock.

Shares of SIX opened at $63.27 on Wednesday. The stock has a market cap of $5.34 billion, a price-to-earnings ratio of 29.70 and a beta of 1.26. Six Flags Entertainment Corp has a 12-month low of $49.79 and a 12-month high of $73.38.

The company also recently declared a quarterly dividend, which will be paid on Monday, March 4th. Stockholders of record on Monday, February 18th will be issued a dividend of $0.82 per share. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.18%. Six Flags Entertainment’s dividend payout ratio (DPR) is presently 153.99%.

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Six Flags Entertainment Company Profile

Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags brand 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 20 parks, including 17 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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