Six Flags Entertainment (SIX) Forms $64.11 Double Top; Raymond James & Associates Has Increased By $532,712 Its W P Carey (WPC) Position

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Raymond James & Associates increased W P Carey Inc (WPC) stake by 6.84% reported in 2017Q4 SEC filing. Raymond James & Associates acquired 7,834 shares as W P Carey Inc (WPC)’s stock declined 10.23%. The Raymond James & Associates holds 122,429 shares with $8.44 million value, up from 114,595 last quarter. W P Carey Inc now has $6.97 billion valuation. The stock increased 0.25% or $0.16 during the last trading session, reaching $65.04. About 332,524 shares traded. W. P. Carey Inc. (NYSE:WPC) has risen 0.63% since May 23, 2017 and is uptrending. It has underperformed by 10.92% the S&P500.

Six Flags Entertainment Corporation (SIX) formed double top with $66.03 target or 3.00% above today’s $64.11 share price. Six Flags Entertainment Corporation (SIX) has $5.36 billion valuation. The stock decreased 0.16% or $0.1 during the last trading session, reaching $64.11. About 886,743 shares traded. Six Flags Entertainment Corporation (NYSE:SIX) has risen 3.06% since May 23, 2017 and is uptrending. It has underperformed by 8.49% the S&P500.

Among 16 analysts covering Six Flags Entertainment (NYSE:SIX), 12 have Buy rating, 1 Sell and 3 Hold. Therefore 75% are positive. Six Flags Entertainment had 39 analyst reports since July 24, 2015 according to SRatingsIntel. The company was initiated on Thursday, April 6 by Goldman Sachs. As per Wednesday, August 16, the company rating was maintained by Oppenheimer. The stock has “Buy” rating by FBR Capital on Tuesday, July 18. Wedbush maintained Six Flags Entertainment Corporation (NYSE:SIX) rating on Monday, January 8. Wedbush has “Buy” rating and $76.0 target. The rating was upgraded by FBR Capital on Friday, April 1 to “Outperform”. The stock has “Buy” rating by Oppenheimer on Tuesday, July 18. The firm has “Buy” rating given on Wednesday, October 11 by Stifel Nicolaus. The rating was maintained by Credit Suisse with “Outperform” on Friday, August 28. The stock has “Buy” rating by B. Riley & Co on Thursday, April 26. The firm has “Long-Term Buy” rating given on Tuesday, August 23 by Hilliard Lyons.

Analysts await Six Flags Entertainment Corporation (NYSE:SIX) to report earnings on July, 25. They expect $0.93 EPS, up 57.63% or $0.34 from last year’s $0.59 per share. SIX’s profit will be $77.70 million for 17.23 P/E if the $0.93 EPS becomes a reality. After $-0.74 actual EPS reported by Six Flags Entertainment Corporation for the previous quarter, Wall Street now forecasts -225.68% EPS growth.

Raymond James & Associates decreased Thor Inds Inc (NYSE:THO) stake by 12,370 shares to 96,415 valued at $14.53 million in 2017Q4. It also reduced Phillips 66 (Call) (NYSE:PSX) stake by 630,161 shares and now owns 11,300 shares. Sony Corp (NYSE:SNE) was reduced too.

Since March 12, 2018, it had 2 insider purchases, and 0 insider sales for $375,046 activity. $249,120 worth of W. P. Carey Inc. (NYSE:WPC) was bought by Niehaus Christopher on Friday, March 16. $125,926 worth of W. P. Carey Inc. (NYSE:WPC) was bought by Farrell Peter on Monday, March 12.

Investors sentiment increased to 1.41 in Q4 2017. Its up 0.09, from 1.32 in 2017Q3. It improved, as 26 investors sold WPC shares while 83 reduced holdings. 42 funds opened positions while 112 raised stakes. 50.26 million shares or 0.38% more from 50.07 million shares in 2017Q3 were reported. Private Tru Com Na has invested 0.13% of its portfolio in W. P. Carey Inc. (NYSE:WPC). National Bank & Trust Of America Corporation De has 0% invested in W. P. Carey Inc. (NYSE:WPC) for 288,536 shares. Moreover, Wealthtrust has 0.02% invested in W. P. Carey Inc. (NYSE:WPC) for 673 shares. 24,722 are owned by Utah Retirement Sys. Teacher Retirement Sys Of Texas, a Texas-based fund reported 36,822 shares. Knott David M reported 0.16% of its portfolio in W. P. Carey Inc. (NYSE:WPC). Keybank Natl Association Oh has invested 0% in W. P. Carey Inc. (NYSE:WPC). Great West Life Assurance Can has invested 0% in W. P. Carey Inc. (NYSE:WPC). Miller Howard Incorporated Ny owns 62,947 shares or 0.09% of their US portfolio. Savings Bank Of Ny Mellon stated it has 0.01% of its portfolio in W. P. Carey Inc. (NYSE:WPC). Barclays Pcl invested 0% in W. P. Carey Inc. (NYSE:WPC). Wilbanks Smith And Thomas Asset Management Ltd Liability reported 3,330 shares. Susquehanna Intl Group Ltd Liability Partnership stated it has 46,061 shares. Griffin Asset Management Inc, New York-based fund reported 9,186 shares. Metropolitan Life Insurance Co owns 8,819 shares for 0.01% of their portfolio.

More notable recent W. P. Carey Inc. (NYSE:WPC) news were published by: Seekingalpha.com which released: “WP Carey Still An Excellent Dividend Payer” on May 15, 2018, also Seekingalpha.com with their article: “WP Carey: This 6.3%-Yielding REIT Remains A Strong Buy” published on May 23, 2018, Prnewswire.com published: “WP Carey Inc. to Present at NAREIT REITweek┬« 2018 on June 7, 2018” on May 22, 2018. More interesting news about W. P. Carey Inc. (NYSE:WPC) were released by: Twst.com and their article: “Jason Fox, CEO of WP Carey (NYSE:WPC) Wants You to Know that Publicly Traded Real Estate Is an Inflation Hedge” published on April 26, 2018 as well as Seekingalpha.com‘s news article titled: “WP Carey’s (WPC) CEO Jason Fox on Q1 2018 Results – Earnings Call Transcript” with publication date: May 04, 2018.

Among 7 analysts covering WP Carey & Co LLC (NYSE:WPC), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. WP Carey & Co LLC had 17 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “In-Line” rating given on Monday, April 3 by Evercore. On Thursday, February 11 the stock rating was downgraded by Ladenburg Thalmann to “Neutral”. The company was maintained on Friday, June 16 by Ladenburg Thalmann. On Friday, November 10 the stock rating was maintained by Ladenburg with “Hold”. On Friday, September 1 the stock rating was maintained by Ladenburg with “Hold”. The stock has “Equal Weight” rating by Capital One on Thursday, February 11. The company was maintained on Friday, June 30 by BMO Capital Markets. The company was downgraded on Friday, December 11 by Citigroup. The rating was downgraded by BMO Capital Markets on Wednesday, August 5 to “Market Perform”. The rating was downgraded by Evercore to “Underperform” on Monday, June 12.

W. P. Carey Inc. (NYSE:WPC) Institutional Positions Chart