Cedar Fair LP (NYSE:FUN) Q4 2016 Sentiment Report

Barsaba Taglieri
Luglio 23, 2017

Stifel Nicolaus assumed coverage on shares of Cedar Fair, L.P.in a report on Thursday, April 20th. They issued a buy rating and a $78.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. They issued a "hold" rating and a $72.00 target price for the company. BidaskClub downgraded Cedar Fair, L.P. from a "buy" rating to a "hold" rating in a research note on Tuesday. Macquarie Research initiated the stock with "Neutral" rating in Wednesday, December 9 report. (The) upgraded shares of Cedar Fair, L.P. (NYSE:FUN) from a buy rating to a conviction-buy rating in a research report report published on Monday, June 19th, MarketBeat.com reports. The stock now has a consensus rating of "Buy" and a consensus target price of $72.89. Brookstone Cap Management owns 0.02% invested in Cedar Fair, L.P. (NYSE:FUN) for 3,222 shares. The company has a market capitalization of $4.05 billion, a P/E ratio of 25.31 and a beta of 0.57.

Cedar Fair, L.P. has a 52 week low of $56.23 and a 52 week high of $72.56. The stock of Cedar Fair, L.P. (NYSE:FUN) earned "Buy" rating by Hilliard Lyons on Monday, August 24. This is not a recommendation to buy or sell Cedar Fair, L.P. (NYSE:FUN). (NYSE:FUN) last posted its quarterly earnings data on Wednesday, May 3rd. The company reported ($1.13) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($1.09) by $0.04. Cedar Fair, L.P. The company had revenue of $48.30 million during the quarter, compared to analysts' expectations of $53.62 million. During the same quarter previous year, the business earned ($0.87) earnings per share. 458986 shares were traded on Cedar Fair, L.P.'s last session. (The) reiterated a "buy" rating and issued a $81.00 price objective on shares of Cedar Fair, L.P.in a research report on Tuesday, July 4th.

The company also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Monday, June 5th were given a dividend of $0.855 per share. This dividend represents a yeild of $4.83 which is the dividend as a percentage of the current share price. The ex-dividend date of this dividend was Thursday, June 1st. Cedar Fair, L.P.'s payout ratio is 120.00%. The original version of this story can be viewed at https://www.themarketsdaily.com/2017/07/22/matthew-a-ouimet-sells-12000-shares-of-cedar-fair-l-p-fun-stock-updated-updated-updated.html. The stock was sold at an average price of $68.13, for a total value of $613,170.00. Following the completion of the transaction, the chief executive officer now directly owns 220,499 shares in the company, valued at $15,468,004.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The stock of Cedar Fair, L.P. (NYSE:FUN) earned "Buy" rating by Goldman Sachs on Thursday, April 6. The shares were sold at an average price of $71.20, for a total value of $854,400.00. Following the completion of the transaction, the chief executive officer now directly owns 207,299 shares in the company, valued at $14,759,688.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 36,000 shares of company stock worth $2,519,820. Corporate insiders own 2.00% of the company's stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Guggenheim Capital LLC now owns 10,978 shares of the company's stock worth $705,000 after buying an additional 1,610 shares during the period. HighTower Advisors LLC now owns 31,999 shares of the company's stock worth $2,171,000 after buying an additional 28,414 shares during the last quarter. As of quarter end Creative Planning had disposed of 946 shares trimming its position 6.3%. Finally, Benjamin F. Edwards & Company Inc. increased its stake in shares of Cedar Fair, L.P.by 15.0% in the first quarter. Global X Management Co. Finally, Level Four Advisory Services LLC bought a new stake in Cedar Fair, L.P. during the first quarter worth about $232,000. Anchor Capital Advisors LLC purchased a new stake in shares of Cedar Fair, L.P. during the first quarter valued at approximately $203,000. Janus Capital Management LLC now owns 625,955 shares of the company's stock worth $42,446,000 after buying an additional 26,315 shares during the last quarter. The institutional investors in our partner's database now possess: 27.66 million shares, up from 27.12 million shares in 2016Q3.

The amusement parks include Cedar Point, located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm, near Los Angeles, California; Canada's Wonderland, near Toronto, Canada; Kings Island, near Cincinnati, Ohio; Carowinds, in Charlotte, North Carolina; Dorney Park & Wildwater Kingdom (Dorney Park), in Allentown, Pennsylvania; Kings Dominion, near Richmond, Virginia; California's Great America, in Santa Clara, California; Valleyfair, near Minneapolis/St. Paul, Minnesota; Worlds of Fun, in Kansas City, Missouri, and Michigan's Adventure, in Muskegon, Michigan.

Altre relazioni OverNewsmagazine

Discuti questo articolo

SEGUI I NOSTRI GIORNALE