Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) by 12.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 9,399 shares of the restaurant operator’s stock after acquiring an additional 1,014 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Dave & Buster’s Entertainment were worth $622,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PLAY. Victory Capital Management Inc. increased its position in shares of Dave & Buster’s Entertainment by 10,688.8% during the third quarter. Victory Capital Management Inc. now owns 693,830 shares of the restaurant operator’s stock worth $45,945,000 after acquiring an additional 687,399 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Dave & Buster’s Entertainment during the second quarter worth $24,305,000. Sapience Investments LLC bought a new stake in shares of Dave & Buster’s Entertainment during the second quarter worth $14,872,000. Van Berkom & Associates Inc. increased its position in shares of Dave & Buster’s Entertainment by 35.0% during the second quarter. Van Berkom & Associates Inc. now owns 1,071,486 shares of the restaurant operator’s stock worth $51,003,000 after acquiring an additional 277,922 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new stake in shares of Dave & Buster’s Entertainment during the third quarter worth $15,918,000.

Several equities research analysts have recently issued reports on PLAY shares. Zacks Investment Research downgraded shares of Dave & Buster’s Entertainment from a “buy” rating to a “hold” rating in a research report on Tuesday, August 14th. Canaccord Genuity increased their price objective on shares of Dave & Buster’s Entertainment from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, September 11th. They noted that the move was a valuation call. Jefferies Financial Group increased their price objective on shares of Dave & Buster’s Entertainment from $63.00 to $66.00 and gave the stock a “buy” rating in a research report on Monday, August 27th. Wells Fargo & Co increased their price objective on shares of Dave & Buster’s Entertainment from $62.00 to $64.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 29th. Finally, William Blair reissued a “buy” rating on shares of Dave & Buster’s Entertainment in a research report on Friday, August 17th. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $70.27.

In related news, SVP John Mulleady sold 7,500 shares of the firm’s stock in a transaction on Monday, September 17th. The shares were sold at an average price of $61.89, for a total value of $464,175.00. Following the completion of the transaction, the senior vice president now owns 17,004 shares of the company’s stock, valued at $1,052,377.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Margo Lynn Manning sold 10,000 shares of the firm’s stock in a transaction on Monday, October 1st. The shares were sold at an average price of $65.63, for a total transaction of $656,300.00. Following the completion of the transaction, the chief operating officer now directly owns 18,563 shares of the company’s stock, valued at approximately $1,218,289.69. The disclosure for this sale can be found here. In the last ninety days, insiders sold 148,600 shares of company stock valued at $9,306,183. 3.40% of the stock is owned by insiders.

Dave & Buster’s Entertainment stock opened at $52.99 on Friday. The firm has a market capitalization of $2.12 billion, a P/E ratio of 20.38, a price-to-earnings-growth ratio of 1.33 and a beta of 0.63. Dave & Buster’s Entertainment Inc has a 1-year low of $37.85 and a 1-year high of $67.05. The company has a quick ratio of 0.36, a current ratio of 0.47 and a debt-to-equity ratio of 0.79.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last released its earnings results on Friday, September 14th. The restaurant operator reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.17. The business had revenue of $319.20 million during the quarter, compared to the consensus estimate of $311.85 million. Dave & Buster’s Entertainment had a net margin of 10.26% and a return on equity of 26.34%. The firm’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 earnings per share. On average, research analysts anticipate that Dave & Buster’s Entertainment Inc will post 2.76 earnings per share for the current year.

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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 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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Want to see what other hedge funds are holding PLAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dave & Buster’s Entertainment Inc (NASDAQ:PLAY).

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

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