WINTON GROUP Ltd Acquires New Position in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY)

WINTON GROUP Ltd bought a new position in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 86,631 shares of the restaurant operator’s stock, valued at approximately $2,529,000. WINTON GROUP Ltd owned approximately 0.23% of Dave & Buster’s Entertainment as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in Dave & Buster’s Entertainment in the third quarter valued at approximately $47,000. SBI Securities Co. Ltd. acquired a new stake in shares of Dave & Buster’s Entertainment in the 4th quarter valued at $47,000. KBC Group NV lifted its position 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 worth $58,000 after purchasing an additional 885 shares during the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of Dave & Buster’s Entertainment during the third quarter worth $121,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Dave & Buster’s Entertainment in the third quarter valued at $144,000. 91.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Truist Financial lowered their price objective on 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. Gordon Haskett reiterated a “hold” rating and issued a $34.00 price target (down from $40.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday, December 11th. William Blair restated a “market perform” rating on shares of Dave & Buster’s Entertainment in a research report on Wednesday, December 11th. Loop Capital dropped their target price on shares of 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, BMO Capital Markets reduced their price target on shares of Dave & Buster’s Entertainment from $51.00 to $47.00 and set an “outperform” rating for the company in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $46.67.

Dave & Buster’s Entertainment Stock Up 0.5 %

PLAY stock opened at $19.83 on Friday. The company has a market cap of $763.51 million, a price-to-earnings ratio of 9.82 and a beta of 2.17. The company has a fifty day moving average price of $23.04 and a 200 day moving average price of $29.86. The company has a debt-to-equity ratio of 6.38, a current ratio of 0.29 and a quick ratio of 0.19. Dave & Buster’s Entertainment Inc has a 12 month low of $17.02 and a 12 month high of $69.82.

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.