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III Capital increased its Six Flags stake by 32.9% in Q2, now holding 158,849 shares worth $4.83 million.
III Capital Management boosted its stake in Six Flags Entertainment (FUN) by 32.9% in Q2, now holding 158,849 shares valued at $4.83 million, making it the firm’s 11th largest holding.
The company reported a quarterly loss of $11.77 per share, missing estimates by $14.01, with revenue of $1.32 billion, slightly below the $1.34 billion consensus, and a 2.3% year-over-year decline.
Six Flags has a market cap of $1.51 billion, a negative P/E ratio of -0.84, and a beta of 0.39.
Analysts maintain a consensus “Hold” rating with a $28.29 average price target, while several firms have adjusted targets between $20.00 and $40.00.
The stock opened at $14.91, with a 52-week range of $12.51 to $49.77.
III Capital aumentó su participación en Six Flags en un 32.9% en el segundo trimestre, ahora posee 158,849 acciones por valor de $ 4.83 millones.