Aristides Capital LLC Invests $207,000 in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY)

Aristides Capital LLC purchased a new stake in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) in the 4th quarter, Holdings Channel reports. The fund purchased 7,100 shares of the restaurant operator’s stock, valued at approximately $207,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. KBC Group NV lifted its holdings in shares of Dave & Buster’s Entertainment by 81.3% during the fourth quarter. KBC Group NV now owns 1,974 shares of the restaurant operator’s stock valued at $58,000 after purchasing an additional 885 shares in the last quarter. Quarry LP bought a new stake in Dave & Buster’s Entertainment during the third quarter valued at about $47,000. SBI Securities Co. Ltd. purchased a new stake in Dave & Buster’s Entertainment in the 4th quarter worth approximately $47,000. Schwarz Dygos Wheeler Investment Advisors LLC increased its stake in shares of Dave & Buster’s Entertainment by 19.0% in the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 10,640 shares of the restaurant operator’s stock worth $311,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Easterly Investment Partners LLC increased its stake in Dave & Buster’s Entertainment by 8.7% in the 4th quarter. Easterly Investment Partners LLC now owns 37,541 shares of the restaurant operator’s stock worth $1,096,000 after buying an additional 3,000 shares in the last quarter. Institutional investors own 91.45% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on PLAY. William Blair reaffirmed a “market perform” rating on shares of Dave & Buster’s Entertainment in a report on Wednesday, December 11th. Gordon Haskett reissued a “hold” rating and set a $34.00 price target (down from $40.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday, December 11th. BMO Capital Markets cut their price target on Dave & Buster’s Entertainment from $51.00 to $47.00 and set an “outperform” rating for the company in a report on Wednesday, December 11th. Loop Capital decreased their price objective on Dave & Buster’s Entertainment from $59.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Finally, Truist Financial cut their target price on shares of Dave & Buster’s Entertainment from $27.00 to $21.00 and set a “hold” rating for the company in a report on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Dave & Buster’s Entertainment presently has an average rating of “Hold” and a consensus price target of $40.60.

Dave & Buster’s Entertainment Stock Performance

Dave & Buster’s Entertainment stock opened at $16.83 on Monday. The firm has a market capitalization of $648.01 million, a P/E ratio of 8.33 and a beta of 1.86. The company’s 50-day moving average is $22.02 and its 200 day moving average is $29.26. Dave & Buster’s Entertainment Inc has a 1-year low of $15.50 and a 1-year high of $65.38. The company has a debt-to-equity ratio of 6.38, a current ratio of 0.29 and a quick ratio of 0.19.

About Dave & Buster’s Entertainment

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.