WINTON GROUP Ltd Takes $2.53 Million Position in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY)

WINTON GROUP Ltd purchased a new position in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 86,631 shares of the restaurant operator’s stock, valued at approximately $2,529,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PLAY. LPL Financial LLC purchased a new position in Dave & Buster’s Entertainment during the 4th quarter worth $311,000. KLP Kapitalforvaltning AS acquired a new position in shares of Dave & Buster’s Entertainment during the fourth quarter worth about $175,000. Sciencast Management LP purchased a new position in Dave & Buster’s Entertainment during the fourth quarter worth about $577,000. Kazazian Asset Management LLC acquired a new stake in Dave & Buster’s Entertainment in the fourth quarter valued at about $3,204,000. Finally, Boston Partners boosted its holdings in Dave & Buster’s Entertainment by 132.5% in the 4th quarter. Boston Partners now owns 567,734 shares of the restaurant operator’s stock valued at $16,563,000 after purchasing an additional 323,595 shares in the last quarter. 91.45% of the stock is currently owned by hedge funds and other institutional investors.

Dave & Buster’s Entertainment Trading Up 0.5 %

Shares of Dave & Buster’s Entertainment stock opened at $19.83 on Friday. Dave & Buster’s Entertainment Inc has a 1 year low of $17.02 and a 1 year high of $69.82. The company has a debt-to-equity ratio of 6.38, a current ratio of 0.29 and a quick ratio of 0.19. The business has a 50 day moving average price of $23.04 and a 200 day moving average price of $29.86. The company has a market capitalization of $763.51 million, a P/E ratio of 9.82 and a beta of 2.17.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Gordon Haskett reissued a “hold” rating and set a $34.00 target price (down from $40.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday, December 11th. Loop Capital cut their price objective on Dave & Buster’s Entertainment from $59.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. William Blair restated a “market perform” rating on shares of Dave & Buster’s Entertainment in a research report on Wednesday, December 11th. Truist Financial lowered their price target on shares of Dave & Buster’s Entertainment from $36.00 to $27.00 and set a “hold” rating on the stock in a research note on Thursday, January 16th. Finally, BMO Capital Markets reduced their price objective on shares of Dave & Buster’s Entertainment from $51.00 to $47.00 and set an “outperform” rating for the company in a research note on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Dave & Buster’s Entertainment currently has an average rating of “Hold” and an average price target of $46.67.

Dave & Buster’s Entertainment Company Profile

Dave & Buster's Entertainment, Inc owns and operates entertainment and dining venues for adults and families. Its venues offer a menu of entrees and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events.