4,307 Shares in Dave & Buster’s Entertainment Inc (PLAY) Purchased by Magnus Financial Group LLC

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Magnus Financial Group LLC acquired a new stake in Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) during the first quarter, Holdings Channel reports. The firm acquired 4,307 shares of the restaurant operator’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Valeo Financial Advisors LLC acquired a new position in shares of Dave & Buster’s Entertainment during the first quarter worth about $55,000. Quantamental Technologies LLC acquired a new position in shares of Dave & Buster’s Entertainment during the fourth quarter worth about $84,000. Meeder Asset Management Inc. acquired a new position in shares of Dave & Buster’s Entertainment during the fourth quarter worth about $127,000. Buffington Mohr McNeal acquired a new position in shares of Dave & Buster’s Entertainment during the first quarter worth about $155,000. Finally, Stevens Capital Management LP acquired a new position in shares of Dave & Buster’s Entertainment during the first quarter worth about $241,000.

Shares of PLAY opened at $53.78 on Monday. The company has a current ratio of 0.37, a quick ratio of 0.26 and a debt-to-equity ratio of 0.98. Dave & Buster’s Entertainment Inc has a twelve month low of $40.03 and a twelve month high of $67.05. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 18.35, a P/E/G ratio of 1.18 and a beta of 1.04.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last issued its earnings results on Tuesday, April 2nd. The restaurant operator reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.12. Dave & Buster’s Entertainment had a net margin of 9.26% and a return on equity of 27.71%. The company had revenue of $331.80 million for the quarter, compared to analyst estimates of $324.90 million. During the same period in the prior year, the business posted $0.61 earnings per share. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. Equities analysts anticipate that Dave & Buster’s Entertainment Inc will post 3.06 EPS for the current year.

In other Dave & Buster’s Entertainment news, CMO John P. Gleason sold 8,200 shares of the company’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $54.85, for a total transaction of $449,770.00. Following the transaction, the chief marketing officer now directly owns 23,458 shares in the company, valued at $1,286,671.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP John Mulleady sold 7,500 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $48.37, for a total transaction of $362,775.00. Following the transaction, the senior vice president now owns 17,004 shares in the company, valued at $822,483.48. The disclosure for this sale can be found here. Insiders have sold 40,635 shares of company stock worth $2,185,020 over the last 90 days. 3.70% of the stock is currently owned by company insiders.

A number of research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Dave & Buster’s Entertainment from a “hold” rating to a “buy” rating in a research note on Tuesday, April 30th. Zacks Investment Research lowered shares of Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. Maxim Group boosted their price target on shares of Dave & Buster’s Entertainment from $64.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Wells Fargo & Co boosted their price target on shares of Dave & Buster’s Entertainment from $59.00 to $60.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 3rd. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $66.00 price target (up from $62.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have given a buy rating to the company. Dave & Buster’s Entertainment presently has an average rating of “Buy” and a consensus target price of $65.00.

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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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Want to see what other hedge funds are holding PLAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dave & Buster’s Entertainment Inc (NASDAQ:PLAY).

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

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