Barrow Hanley Mewhinney & Strauss LLC lowered its position in shares of Dave & Buster's Entertainment Inc (NASDAQ:PLAY - Free Report) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,358,782 shares of the restaurant operator's stock after selling 63,261 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 3.53% of Dave & Buster's Entertainment worth $39,663,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in PLAY. Cerity Partners LLC grew its holdings in Dave & Buster's Entertainment by 3.2% during the 3rd quarter. Cerity Partners LLC now owns 23,204 shares of the restaurant operator's stock worth $790,000 after acquiring an additional 710 shares in the last quarter. KBC Group NV boosted its stake in shares of Dave & Buster's Entertainment by 81.3% during the fourth quarter. KBC Group NV now owns 1,974 shares of the restaurant operator's stock valued at $58,000 after purchasing an additional 885 shares in the last quarter. Quarry LP bought a new position in shares of Dave & Buster's Entertainment during the third quarter valued at approximately $47,000. SBI Securities Co. Ltd. bought a new position in Dave & Buster's Entertainment in the fourth quarter worth approximately $47,000. Finally, Schwarz Dygos Wheeler Investment Advisors LLC lifted its holdings in Dave & Buster's Entertainment by 19.0% during the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 10,640 shares of the restaurant operator's stock worth $311,000 after buying an additional 1,700 shares during the period. 91.45% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on PLAY. Loop Capital cut their price target on Dave & Buster's Entertainment from $59.00 to $45.00 and set a "buy" rating on the stock in a report on Thursday, December 12th. BMO Capital Markets reduced their target price on shares of Dave & Buster's Entertainment from $51.00 to $47.00 and set an "outperform" rating for the company in a report on Wednesday, December 11th. Truist Financial decreased their price target on shares of Dave & Buster's Entertainment from $27.00 to $21.00 and set a "hold" rating for the company in a research report on Wednesday. William Blair reaffirmed a "market perform" rating on shares of Dave & Buster's Entertainment in a research report on Wednesday, December 11th. Finally, Gordon Haskett reissued a "hold" rating and set a $34.00 target price (down previously from $40.00) on shares of Dave & Buster's Entertainment in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $45.67.
Read Our Latest Stock Report on Dave & Buster's Entertainment
Dave & Buster's Entertainment Stock Performance
PLAY stock traded down $0.70 during trading on Friday, reaching $16.30. The company had a trading volume of 642,660 shares, compared to its average volume of 1,456,479. The company has a market cap of $627.44 million, a price-to-earnings ratio of 8.04 and a beta of 1.86. Dave & Buster's Entertainment Inc has a twelve month low of $15.51 and a twelve month high of $68.63. The company has a debt-to-equity ratio of 6.38, a quick ratio of 0.19 and a current ratio of 0.29. The firm has a 50-day simple moving average of $22.24 and a 200-day simple moving average of $29.41.
Dave & Buster's Entertainment Company Profile
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Free Report)
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.
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