Boston Partners lifted its position in Dave & Buster's Entertainment Inc (NASDAQ:PLAY - Free Report) by 132.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 567,734 shares of the restaurant operator's stock after buying an additional 323,595 shares during the period. Boston Partners owned about 1.47% of Dave & Buster's Entertainment worth $16,563,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in PLAY. Cerity Partners LLC increased its holdings in shares of Dave & Buster's Entertainment by 3.2% in the third 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 grew its position in shares of Dave & Buster's Entertainment by 81.3% in the 4th 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 during the period. Quarry LP bought a new stake in Dave & Buster's Entertainment during the 3rd quarter worth approximately $47,000. SBI Securities Co. Ltd. bought a new stake in Dave & Buster's Entertainment during the 4th quarter worth approximately $47,000. Finally, Schwarz Dygos Wheeler Investment Advisors LLC raised its holdings in Dave & Buster's Entertainment by 19.0% during the 4th 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. Institutional investors and hedge funds own 91.45% of the company's stock.
Analyst Ratings Changes
Several brokerages have recently issued reports on PLAY. Truist Financial lowered their price objective on shares of Dave & Buster's Entertainment from $36.00 to $27.00 and set a "hold" rating for the company in a research report on Thursday, January 16th. BMO Capital Markets dropped their price target on Dave & Buster's Entertainment from $51.00 to $47.00 and set an "outperform" rating on the stock in a research note on Wednesday, December 11th. Gordon Haskett reaffirmed a "hold" rating and set a $34.00 price objective (down from $40.00) on shares of Dave & Buster's Entertainment in a research report on Wednesday, December 11th. Loop Capital dropped their target price on Dave & Buster's Entertainment from $59.00 to $45.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. Finally, William Blair reaffirmed a "market perform" rating on shares of Dave & Buster's Entertainment in a research report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $46.67.
Get Our Latest Analysis on Dave & Buster's Entertainment
Dave & Buster's Entertainment Stock Down 4.3 %
NASDAQ PLAY traded down $0.91 during trading hours on Tuesday, hitting $20.25. 922,089 shares of the company traded hands, compared to its average volume of 1,471,609. 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 business's 50-day moving average is $23.35 and its 200-day moving average is $30.08. The stock has a market capitalization of $779.69 million, a price-to-earnings ratio of 10.02 and a beta of 2.17. Dave & Buster's Entertainment Inc has a twelve month low of $17.02 and a twelve month high of $69.82.
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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