Boston Partners Has $16.56 Million Holdings in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY)

Boston Partners boosted its holdings in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) by 132.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 567,734 shares of the restaurant operator’s stock after acquiring an additional 323,595 shares during the period. Boston Partners owned approximately 1.47% of Dave & Buster’s Entertainment worth $16,563,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PLAY. Cerity Partners LLC lifted its holdings in shares of Dave & Buster’s Entertainment by 3.2% during the 3rd 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 in the last quarter. KBC Group NV raised its holdings in 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 buying an additional 885 shares during the period. Quarry LP bought a new position in Dave & Buster’s Entertainment in the third quarter valued at approximately $47,000. SBI Securities Co. Ltd. acquired a new position in shares of Dave & Buster’s Entertainment in the fourth quarter valued at approximately $47,000. Finally, Schwarz Dygos Wheeler Investment Advisors LLC increased its position in shares of Dave & Buster’s Entertainment by 19.0% during the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 10,640 shares of the restaurant operator’s stock worth $311,000 after acquiring an additional 1,700 shares in the last quarter. 91.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. William Blair reaffirmed a “market perform” rating on shares of Dave & Buster’s Entertainment in a research report on Wednesday, December 11th. BMO Capital Markets reduced their price objective on 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. Gordon Haskett restated a “hold” rating and issued a $34.00 target price (down previously from $40.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday, December 11th. Loop Capital decreased their price target on shares of Dave & Buster’s Entertainment from $59.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Finally, Truist Financial cut their price objective on shares of Dave & Buster’s Entertainment from $36.00 to $27.00 and set a “hold” rating on the stock in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, Dave & Buster’s Entertainment has an average rating of “Hold” and a consensus target price of $46.67.

Dave & Buster’s Entertainment Trading Up 2.6 %

NASDAQ PLAY opened at $19.32 on Friday. Dave & Buster’s Entertainment Inc has a 12 month low of $17.02 and a 12 month high of $69.82. The company has a current ratio of 0.29, a quick ratio of 0.19 and a debt-to-equity ratio of 6.38. The stock has a 50 day moving average of $23.63 and a 200-day moving average of $30.22. The company has a market cap of $743.88 million, a PE ratio of 9.56 and a beta of 2.17.

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.