Aristides Capital LLC Acquires New Holdings in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY)

Aristides Capital LLC bought a new position in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 7,100 shares of the restaurant operator’s stock, valued at approximately $207,000.

Other large investors have also recently bought and sold shares of the company. NewEdge Wealth LLC raised its position in shares of Dave & Buster’s Entertainment by 13.4% in the fourth quarter. NewEdge Wealth LLC now owns 727,491 shares of the restaurant operator’s stock worth $21,235,000 after buying an additional 85,820 shares in the last quarter. Boston Partners raised its holdings in shares of 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 acquiring an additional 323,595 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Dave & Buster’s Entertainment by 2.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 471,924 shares of the restaurant operator’s stock valued at $13,775,000 after acquiring an additional 9,733 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Dave & Buster’s Entertainment by 1,100.8% during the 4th quarter. SG Americas Securities LLC now owns 424,967 shares of the restaurant operator’s stock valued at $12,405,000 after acquiring an additional 389,577 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Dave & Buster’s Entertainment by 72.3% during the fourth quarter. Russell Investments Group Ltd. now owns 338,635 shares of the restaurant operator’s stock worth $9,885,000 after purchasing an additional 142,045 shares in the last quarter. 91.45% of the stock is owned by institutional investors.

Dave & Buster’s Entertainment Stock Down 1.0 %

PLAY opened at $16.83 on Monday. The business’s 50-day moving average price is $22.02 and its 200-day moving average price is $29.26. The company has a current ratio of 0.29, a quick ratio of 0.19 and a debt-to-equity ratio of 6.38. Dave & Buster’s Entertainment Inc has a 12 month low of $15.50 and a 12 month high of $65.38. The company has a market cap of $648.01 million, a P/E ratio of 8.33 and a beta of 1.86.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Gordon Haskett reissued a “hold” rating and issued 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. Truist Financial reduced their target price on Dave & Buster’s Entertainment from $27.00 to $21.00 and set a “hold” rating on the stock in a research note on Wednesday, April 2nd. Loop Capital lowered their price target 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. William Blair reiterated a “market perform” rating on shares of Dave & Buster’s Entertainment in a report on Wednesday, December 11th. Finally, BMO Capital Markets decreased their price objective 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. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Dave & Buster’s Entertainment currently has a consensus rating of “Hold” and an average price target of $40.60.

Dave & Buster’s Entertainment 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.