Yousif Capital Management LLC Has $792,000 Stock Position in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY)

Yousif Capital Management LLC lifted its holdings in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) by 10.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,702 shares of the restaurant operator’s stock after buying an additional 1,405 shares during the period. Yousif Capital Management LLC’s holdings in Dave & Buster’s Entertainment were worth $792,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of PLAY. Federated Hermes Inc. increased its holdings in Dave & Buster’s Entertainment by 67.3% in the 4th quarter. Federated Hermes Inc. now owns 726 shares of the restaurant operator’s stock worth $39,000 after purchasing an additional 292 shares in the last quarter. FSC Wealth Advisors LLC bought a new stake in shares of Dave & Buster’s Entertainment in the 4th quarter valued at about $45,000. GAMMA Investing LLC bought a new stake in shares of Dave & Buster’s Entertainment in the 4th quarter valued at about $53,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Dave & Buster’s Entertainment in the 3rd quarter valued at about $101,000. Finally, CenterBook Partners LP bought a new stake in shares of Dave & Buster’s Entertainment in the 3rd quarter valued at about $222,000. Institutional investors and hedge funds own 91.45% of the company’s stock.

Dave & Buster’s Entertainment Stock Up 0.7 %

Shares of NASDAQ:PLAY opened at $52.82 on Monday. The business’s 50 day simple moving average is $59.73 and its two-hundred day simple moving average is $51.66. The firm has a market cap of $2.13 billion, a P/E ratio of 18.80 and a beta of 2.08. The company has a debt-to-equity ratio of 5.11, a quick ratio of 0.23 and a current ratio of 0.32. Dave & Buster’s Entertainment Inc has a 52-week low of $31.65 and a 52-week high of $69.82.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last announced its quarterly earnings results on Tuesday, April 2nd. The restaurant operator reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.04). The firm had revenue of $599.10 million during the quarter, compared to the consensus estimate of $603.41 million. Dave & Buster’s Entertainment had a return on equity of 53.96% and a net margin of 5.76%. As a group, research analysts forecast that Dave & Buster’s Entertainment Inc will post 3.89 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on PLAY. BMO Capital Markets upped their price target on Dave & Buster’s Entertainment from $60.00 to $75.00 and gave the company an “outperform” rating in a research report on Wednesday, April 3rd. Jefferies Financial Group upped their price target on Dave & Buster’s Entertainment from $60.00 to $80.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Raymond James restated a “market perform” rating on shares of Dave & Buster’s Entertainment in a research report on Monday, March 25th. UBS Group upped their target price on Dave & Buster’s Entertainment from $60.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, April 3rd. Finally, StockNews.com upgraded Dave & Buster’s Entertainment from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $69.21.

Insider Transactions at Dave & Buster’s Entertainment

In other news, Director Michael J. Griffith sold 5,203 shares of the stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $65.57, for a total value of $341,160.71. Following the completion of the sale, the director now directly owns 33,546 shares of the company’s stock, valued at $2,199,611.22. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Michael J. Griffith sold 5,203 shares of the stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $65.57, for a total value of $341,160.71. Following the completion of the sale, the director now directly owns 33,546 shares of the company’s stock, valued at $2,199,611.22. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP John Mulleady sold 42,824 shares of the stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $66.58, for a total value of $2,851,221.92. Following the sale, the senior vice president now directly owns 57,132 shares of the company’s stock, valued at $3,803,848.56. The disclosure for this sale can be found here. Company insiders own 1.60% of the company’s stock.

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.