Sciencast Management LP Acquires Shares of 19,779 Dave & Buster's Entertainment Inc (NASDAQ:PLAY)

Sciencast Management LP bought a new position in Dave & Buster's Entertainment Inc (NASDAQ:PLAY - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,779 shares of the restaurant operator's stock, valued at approximately $577,000. Sciencast Management LP owned 0.05% of Dave & Buster's Entertainment as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC increased its stake in 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 valued at $790,000 after purchasing an additional 710 shares during the last quarter. KBC Group NV increased its stake in shares of Dave & Buster's Entertainment by 81.3% during the 4th quarter. KBC Group NV now owns 1,974 shares of the restaurant operator's stock valued at $58,000 after acquiring an additional 885 shares during the last quarter. Quarry LP purchased a new position in shares of Dave & Buster's Entertainment during the 3rd quarter worth about $47,000. SBI Securities Co. Ltd. acquired a new stake in shares of Dave & Buster's Entertainment in the fourth quarter worth approximately $47,000. Finally, Schwarz Dygos Wheeler Investment Advisors LLC grew its holdings in Dave & Buster's Entertainment by 19.0% in the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 10,640 shares of the restaurant operator's stock valued at $311,000 after purchasing an additional 1,700 shares during the period. 91.45% of the stock is currently owned by institutional investors and hedge funds.

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Dave & Buster's Entertainment Stock Up 0.5 %

Shares of NASDAQ PLAY traded up $0.10 on Thursday, hitting $19.83. The company had a trading volume of 797,928 shares, compared to its average volume of 1,465,010. The company has a quick ratio of 0.19, a current ratio of 0.29 and a debt-to-equity ratio of 6.38. Dave & Buster's Entertainment Inc has a 12-month low of $17.02 and a 12-month high of $69.82. The firm has a market capitalization of $763.51 million, a P/E ratio of 9.82 and a beta of 2.17. The business has a 50 day moving average of $23.14 and a two-hundred day moving average of $29.93.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PLAY. Gordon Haskett reaffirmed a "hold" rating and set a $34.00 price target (down previously from $40.00) on shares of Dave & Buster's Entertainment in a research note on Wednesday, December 11th. BMO Capital Markets reduced their target price on Dave & Buster's Entertainment from $51.00 to $47.00 and set an "outperform" rating on the stock in a report on Wednesday, December 11th. Truist Financial dropped their price target on Dave & Buster's Entertainment from $36.00 to $27.00 and set a "hold" rating for the company in a research note on Thursday, January 16th. Loop Capital reduced their price objective on Dave & Buster's Entertainment from $59.00 to $45.00 and set a "buy" rating on the stock in a research note on Thursday, December 12th. Finally, William Blair reissued a "market perform" rating on shares of Dave & Buster's Entertainment in a research report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $46.67.

About Dave & Buster's Entertainment

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.