Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) Shares Sold by Texas Permanent School Fund

Texas Permanent School Fund decreased its position in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) by 15.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,091 shares of the restaurant operator’s stock after selling 3,765 shares during the quarter. Texas Permanent School Fund’s holdings in Dave & Buster’s Entertainment were worth $821,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PLAY. Aperio Group LLC lifted its holdings in Dave & Buster’s Entertainment by 11.1% in the second quarter. Aperio Group LLC now owns 4,571 shares of the restaurant operator’s stock valued at $185,000 after acquiring an additional 457 shares during the period. Whittier Trust Co. lifted its holdings in Dave & Buster’s Entertainment by 1.1% in the third quarter. Whittier Trust Co. now owns 49,241 shares of the restaurant operator’s stock valued at $1,918,000 after acquiring an additional 530 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Dave & Buster’s Entertainment by 7.1% in the third quarter. Janney Montgomery Scott LLC now owns 10,018 shares of the restaurant operator’s stock valued at $390,000 after acquiring an additional 660 shares during the period. Usca Ria LLC acquired a new position in Dave & Buster’s Entertainment in the third quarter valued at approximately $28,000. Finally, Quest Capital Management Inc. ADV acquired a new position in Dave & Buster’s Entertainment in the third quarter valued at approximately $30,000.

Shares of PLAY stock traded up $0.05 during trading hours on Wednesday, hitting $39.37. 478,300 shares of the company’s stock were exchanged, compared to its average volume of 1,034,868. The company has a quick ratio of 0.20, a current ratio of 0.30 and a debt-to-equity ratio of 6.73. The firm has a market cap of $1.28 billion, a P/E ratio of 13.44, a P/E/G ratio of 1.00 and a beta of 0.84. The firm has a 50 day moving average of $40.34 and a two-hundred day moving average of $43.73. Dave & Buster’s Entertainment Inc has a fifty-two week low of $37.21 and a fifty-two week high of $60.56.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last announced its earnings results on Tuesday, September 10th. The restaurant operator reported $0.90 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.04. The business had revenue of $344.60 million during the quarter, compared to the consensus estimate of $345.27 million. Dave & Buster’s Entertainment had a return on equity of 32.64% and a net margin of 8.78%. On average, equities analysts forecast that Dave & Buster’s Entertainment Inc will post 2.81 earnings per share for the current fiscal year.

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

A number of research analysts have issued reports on the company. BMO Capital Markets decreased their price target on Dave & Buster’s Entertainment from $55.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, September 11th. ValuEngine raised Dave & Buster’s Entertainment from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. BidaskClub downgraded Dave & Buster’s Entertainment from a “buy” rating to a “hold” rating in a report on Friday, November 1st. Raymond James downgraded Dave & Buster’s Entertainment from an “outperform” rating to a “market perform” rating in a report on Wednesday, September 11th. Finally, Zacks Investment Research downgraded Dave & Buster’s Entertainment from a “buy” rating to a “hold” rating and set a $45.00 price target for the company. in a report on Monday, September 2nd. Twelve research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $46.81.

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

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