Cedar Fair, L.P. (NYSE:FUN) is expected to pay $0.86 on Dec 15, 2016. The indicated annual dividend is $3.42. Shareholders owning the stock before Dec 1, 2016 will be eligible to receive the payout. Based on Cedar Fair, L.P.’s current price of $60.98, the dividend is 1.40%. This dividend’s record date is Dec 5, 2016 and the announcement date is Nov 3, 2016. The stock increased 1.18% or $0.71 on November 29, hitting $60.98. Cedar Fair, L.P. (NYSE:FUN) has risen 2.99% since April 27, 2016 and is uptrending. It has underperformed by 2.24% the S&P500.
Cedar Fair, L.P. is an operator of regional amusement parks. The company has a market cap of $3.44 billion. The Firm owns approximately 10 amusement parks, three outdoor water parks, an indoor water park and five hotels. It has a 21.74 P/E ratio. The Firm operates through amusement/water parks with accompanying resort facilities segment.
Insitutional Activity: The institutional sentiment increased to 1.81 in Q2 2016. Its up 1.06, from 0.75 in 2016Q1. The ratio increased, as 17 funds sold all Cedar Fair, L.P. shares owned while 54 reduced positions. 12 funds bought stakes while 41 increased positions. They now own 26.96 million shares or 4.26% less from 28.16 million shares in 2016Q1.
Ameriprise reported 8,138 shares or 0% of all its holdings. Moreover, Jackson Wealth Mgmt Limited Liability Company has 0.51% invested in Cedar Fair, L.P. (NYSE:FUN) for 23,814 shares. Moreover, Pecaut & has 0.37% invested in Cedar Fair, L.P. (NYSE:FUN) for 6,200 shares. Manufacturers Life The holds 1,593 shares or 0% of its portfolio. Springbok Limited Liability Corporation owns 1,829 shares or 0.01% of their US portfolio. Capital Rech Global Invsts holds 0.06% or 2.82 million shares in its portfolio. California Employees Retirement System has invested 0.01% of its portfolio in Cedar Fair, L.P. (NYSE:FUN). Cambridge Invest Rech Incorporated last reported 0.01% of its portfolio in the stock. Land & Buildings Invest Management Ltd Liability Corp accumulated 72,629 shares or 2.27% of the stock. Janus Mgmt Ltd Liability Corporation, a Colorado-based fund reported 507,069 shares. Loomis Sayles And Ltd Partnership last reported 2,996 shares in the company. Finemark Retail Bank & Tru, a Florida-based fund reported 100 shares. Kj Harrison & Ptnrs has 7,000 shares for 0.22% of their US portfolio. Glenmede Trust Na last reported 57,374 shares in the company. The Ontario – Canada-based Royal Commercial Bank Of Canada has invested 0.03% in Cedar Fair, L.P. (NYSE:FUN).
Insider Transactions: Since June 1, 2016, the stock had 0 insider buys, and 2 selling transactions for $814,811 net activity. On Tuesday, September 20 the insider DUFFIELD MILKIE sold $387,794. Shares for $107,694 were sold by Freeman Craig J on Wednesday, June 1. Hoffman David R. also sold $427,017 worth of Cedar Fair, L.P. (NYSE:FUN) shares. The insider KLEIN THOMAS bought 3,000 shares worth $175,950.
Cedar Fair, L.P. (NYSE:FUN) Ratings Coverage
Out of 6 analysts covering Cedar Fair (NYSE:FUN), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. $68 is the highest target while $60 is the lowest. The $64 average target is 4.95% above today’s ($60.98) stock price. Cedar Fair has been the topic of 9 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock of Cedar Fair, L.P. (NYSE:FUN) earned “Conviction Buy” rating by Goldman Sachs on Monday, January 25. FBR Capital maintained the shares of FUN in a report on Thursday, February 18 with “Outperform” rating. The stock of Cedar Fair, L.P. (NYSE:FUN) has “Equal-Weight” rating given on Tuesday, April 19 by Stephens. Macquarie Research upgraded the shares of FUN in a report on Friday, July 8 to “Outperform” rating. Hilliard Lyons upgraded the shares of FUN in a report on Monday, August 24 to “Buy” rating. The firm has “Buy” rating given on Wednesday, September 16 by Janney Capital. The stock of Cedar Fair, L.P. (NYSE:FUN) earned “Neutral” rating by Macquarie Research on Wednesday, December 9.
More notable recent Cedar Fair, L.P. (NYSE:FUN) news were published by: Toledoblade.com which released: “Cedar Fair CEO gets indefinite contract extension” on June 09, 2016, also Toledoblade.com with their article: “Cedar Fair reports record revenues” published on August 03, 2016, Seekingalpha.com published: “Cedar Fair Posts Record Results” on November 14, 2016. More interesting news about Cedar Fair, L.P. (NYSE:FUN) were released by: Fool.com and their article: “Is Six Flags or Cedar Fair Coming Down to Florida?” published on October 24, 2016 as well as Toledoblade.com‘s news article titled: “Cedar Fair affirms new rides, improvements” with publication date: September 27, 2016.
FUN Company Profile
Cedar Fair, L.P., incorporated on March 4, 1987, is an operator of regional amusement parks. The Firm owns approximately 10 amusement parks, three outdoor water parks, an indoor water park and five hotels. The Firm operates through amusement/water parks with accompanying resort facilities segment. The Company’s parks are family oriented, with recreational facilities for people of all ages. The Company’s amusement parks include Cedar Point, located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Kings Island near Cincinnati, Ohio; Canada’s Wonderland near Toronto, Canada; Dorney Park & Wildwater Kingdom (Dorney Park), located near Allentown in South Whitehall Township, Pennsylvania; Valleyfair, located near Minneapolis/St. Paul in Shakopee, Minnesota; Michigan’s Adventure located near Muskegon, Michigan; Kings Dominion near Richmond, Virginia; Carowinds in Charlotte, North Carolina; Worlds of Fun located in Kansas City, Missouri; Knott’s Berry Farm, located near Los Angeles in Buena Park, California, and California’s Great America (Great America) located in Santa Clara, California. The Firm also manages and operates Gilroy Gardens Family Theme Park in Gilroy, California.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.