Two Sigma Advisers LP purchased a new stake in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 34,500 shares of the restaurant operator’s stock, valued at approximately $1,537,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PLAY. Quantamental Technologies LLC bought a new position in Dave & Buster’s Entertainment during the 4th quarter valued at approximately $84,000. Meeder Asset Management Inc. bought a new position in Dave & Buster’s Entertainment during the 4th quarter valued at approximately $127,000. Cerebellum GP LLC bought a new position in Dave & Buster’s Entertainment during the 4th quarter valued at approximately $192,000. Brown Advisory Inc. raised its position in Dave & Buster’s Entertainment by 17.1% during the 4th quarter. Brown Advisory Inc. now owns 5,477 shares of the restaurant operator’s stock valued at $243,000 after purchasing an additional 801 shares during the last quarter. Finally, Belpointe Asset Management LLC bought a new position in Dave & Buster’s Entertainment during the 3rd quarter valued at approximately $290,000.

In related news, SVP John Mulleady sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $48.37, for a total transaction of $362,775.00. Following the completion of the transaction, the senior vice president now owns 17,004 shares of the company’s stock, valued at approximately $822,483.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP J Michael Plunkett sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, January 14th. The shares were sold at an average price of $51.09, for a total value of $204,360.00. Following the transaction, the senior vice president now directly owns 5,671 shares of the company’s stock, valued at approximately $289,731.39. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 54,635 shares of company stock valued at $2,878,330. 3.40% of the stock is owned by corporate insiders.

Shares of NASDAQ:PLAY opened at $52.01 on Thursday. Dave & Buster’s Entertainment Inc has a 52-week low of $37.98 and a 52-week high of $67.05. The company has a market capitalization of $1.93 billion, a PE ratio of 17.75, a PEG ratio of 1.16 and a beta of 1.00. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.37 and a quick ratio of 0.26.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last announced its earnings results on Tuesday, April 2nd. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.12. Dave & Buster’s Entertainment had a return on equity of 27.71% and a net margin of 9.26%. The firm had revenue of $331.80 million during the quarter, compared to analyst estimates of $324.90 million. During the same quarter in the prior year, the company earned $0.61 EPS. The business’s revenue was up 8.8% compared to the same quarter last year. Equities research analysts forecast that Dave & Buster’s Entertainment Inc will post 3.06 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Tuesday, March 26th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend was Monday, March 25th. Dave & Buster’s Entertainment’s dividend payout ratio (DPR) is presently 20.48%.

PLAY has been the subject of a number of recent analyst reports. Raymond James reaffirmed a “buy” rating and set a $60.00 price target (down previously from $70.00) on shares of Dave & Buster’s Entertainment in a research report on Wednesday, December 12th. Loop Capital raised Dave & Buster’s Entertainment from an “in-line” rating to a “buy” rating and set a $65.00 target price for the company in a research report on Wednesday, December 12th. They noted that the move was a valuation call. SunTrust Banks decreased their target price on Dave & Buster’s Entertainment to $69.00 and set a “buy” rating for the company in a research report on Wednesday, December 12th. Jefferies Financial Group decreased their target price on Dave & Buster’s Entertainment to $58.00 and set a “buy” rating for the company in a research report on Wednesday, December 12th. Finally, BidaskClub raised Dave & Buster’s Entertainment from a “hold” rating to a “buy” rating in a research report on Tuesday, January 15th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have assigned a buy rating to the company. Dave & Buster’s Entertainment has an average rating of “Buy” and an average target price of $65.00.

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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 entrées 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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Institutional Ownership by Quarter for Dave & Buster`s Entertainment (NASDAQ:PLAY)

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