Hourglass Capital LLC Boosted Six Flags Entmt Corp New (SIX) Stake by $3.84 Million; Stock Value Declined

July 12, 2018 - By Duane Lopez

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Hourglass Capital Llc increased its stake in Six Flags Entmt Corp New (SIX) by 58.56% based on its latest 2018Q1 regulatory filing with the SEC. Hourglass Capital Llc bought 61,950 shares as the company’s stock declined 3.70% with the market. The hedge fund held 167,743 shares of the services-misc. amusement & recreation company at the end of 2018Q1, valued at $10.44M, up from 105,793 at the end of the previous reported quarter. Hourglass Capital Llc who had been investing in Six Flags Entmt Corp New for a number of months, seems to be bullish on the $5.71B market cap company. The stock decreased 1.34% or $0.93 during the last trading session, reaching $68.31. About 1.87M shares traded or 79.44% up from the average. Six Flags Entertainment Corporation (NYSE:SIX) has risen 5.29% since July 12, 2017 and is uptrending. It has underperformed by 7.28% the S&P500.

More important recent Six Flags Entertainment Corporation (NYSE:SIX) news were published by: Businesswire.com which released: “Fest at Six Flags Expands to Five Nights of Fireworks June 30–July 4” on June 26, 2018, also Globenewswire.com published article titled: “Research Report Identifies Six Flags Entertainment Corporation New, AVEO Pharmaceuticals, Chipotle Mexican Grill …”, Benzinga.com published: “Wells Fargo Wants Off The Theme Park Ride, Downgrades SeaWorld And Six Flags” on July 09, 2018. More interesting news about Six Flags Entertainment Corporation (NYSE:SIX) was released by: Bizjournals.com and their article: “Snapchat brings AR to Disney, Universal, Six Flags theme parks” with publication date: July 02, 2018.

Six Flags Entertainment Corporation (NYSE:SIX) Ratings Coverage

Among 5 analysts covering Six Flags (NYSE:SIX), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Six Flags has $8000 highest and $58 lowest target. $74.50’s average target is 9.06% above currents $68.31 stock price. Six Flags had 6 analyst reports since January 15, 2018 according to SRatingsIntel. The company was maintained on Thursday, April 26 by FBR Capital. The rating was maintained by B. Riley & Co with “Buy” on Thursday, April 26. As per Thursday, April 26, the company rating was maintained by Macquarie Research. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, April 26. The company was downgraded on Monday, July 9 by Wells Fargo.

Six Flags Entertainment Corporation (NYSE:SIX) Ratings Chart

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