Man Group plc Has $12.78 Million Position in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY)

Man Group plc lowered its holdings in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) by 23.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 328,220 shares of the restaurant operator’s stock after selling 98,333 shares during the period. Man Group plc owned approximately 1.06% of Dave & Buster’s Entertainment worth $12,783,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Groesbeck Investment Management Corp NJ increased its holdings in shares of Dave & Buster’s Entertainment by 1.3% in the 3rd quarter. Groesbeck Investment Management Corp NJ now owns 30,340 shares of the restaurant operator’s stock valued at $1,182,000 after purchasing an additional 380 shares during the period. Aperio Group LLC grew its position in Dave & Buster’s Entertainment by 11.1% during the second quarter. Aperio Group LLC now owns 4,571 shares of the restaurant operator’s stock valued at $185,000 after purchasing an additional 457 shares in the last quarter. Whittier Trust Co. increased its stake in Dave & Buster’s Entertainment by 1.1% in the 3rd quarter. Whittier Trust Co. now owns 49,241 shares of the restaurant operator’s stock valued at $1,918,000 after buying an additional 530 shares during the period. Janney Montgomery Scott LLC lifted its position in Dave & Buster’s Entertainment by 7.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 10,018 shares of the restaurant operator’s stock worth $390,000 after buying an additional 660 shares in the last quarter. Finally, California State Teachers Retirement System boosted its stake in shares of Dave & Buster’s Entertainment by 1.2% during the 3rd quarter. California State Teachers Retirement System now owns 56,781 shares of the restaurant operator’s stock valued at $2,212,000 after buying an additional 678 shares during the period. Institutional investors own 99.11% of the company’s stock.

Dave & Buster’s Entertainment stock opened at $40.42 on Wednesday. The company has a debt-to-equity ratio of 6.73, a current ratio of 0.30 and a quick ratio of 0.20. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 0.97 and a beta of 0.79. Dave & Buster’s Entertainment Inc has a one year low of $37.21 and a one year high of $59.60. The company’s fifty day moving average price is $40.34 and its two-hundred day moving average price is $41.89.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last posted its earnings results on Tuesday, September 10th. The restaurant operator reported $0.90 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.04. Dave & Buster’s Entertainment had a return on equity of 32.64% and a net margin of 8.78%. The company had revenue of $344.60 million for the quarter, compared to analyst estimates of $345.27 million. As a group, sell-side analysts anticipate that Dave & Buster’s Entertainment Inc will post 2.81 earnings per share for the current year.

The business also recently disclosed a 0.15000 dividend, which was paid on Monday, November 11th. Stockholders of record on Friday, October 11th were issued a dividend of $0.16 per share. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, October 10th. Dave & Buster’s Entertainment’s dividend payout ratio is 21.84%.

Several research firms have recently commented on PLAY. Raymond James cut shares of Dave & Buster’s Entertainment from an “outperform” rating to a “market perform” rating in a report on Wednesday, September 11th. William Blair lowered Dave & Buster’s Entertainment from an “outperform” rating to a “market perform” rating in a report on Wednesday, September 11th. BidaskClub raised Dave & Buster’s Entertainment from a “sell” rating to a “hold” rating in a research report on Monday, November 25th. Wells Fargo & Co lowered their target price on Dave & Buster’s Entertainment from $44.00 to $42.00 and set a “market perform” rating on the stock in a research note on Wednesday. Finally, Stifel Nicolaus initiated coverage on Dave & Buster’s Entertainment in a research report on Wednesday, September 18th. They issued a “hold” rating and a $45.00 target price on the stock. Twelve equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $46.64.

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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