US Bancorp DE decreased its holdings in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) by 3.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 24,871 shares of the restaurant operator’s stock after selling 985 shares during the period. US Bancorp DE owned approximately 0.06% of Dave & Buster’s Entertainment worth $1,646,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Signition LP acquired a new position in shares of Dave & Buster’s Entertainment in the 2nd quarter valued at $208,000. GSA Capital Partners LLP acquired a new position in shares of Dave & Buster’s Entertainment in the 2nd quarter valued at $228,000. Everence Capital Management Inc. acquired a new position in shares of Dave & Buster’s Entertainment in the 3rd quarter valued at $228,000. Violich Capital Management Inc. acquired a new position in shares of Dave & Buster’s Entertainment in the 2nd quarter valued at $252,000. Finally, NumerixS Investment Technologies Inc acquired a new position in shares of Dave & Buster’s Entertainment in the 2nd quarter valued at $365,000.

In other news, SVP John Mulleady sold 7,500 shares of the stock in a transaction dated Monday, September 17th. The shares were sold at an average price of $61.89, for a total transaction of $464,175.00. Following the completion of the transaction, the senior vice president now directly owns 17,004 shares in the company, valued at approximately $1,052,377.56. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP J Michael Plunkett sold 2,000 shares of the stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $59.80, for a total transaction of $119,600.00. Following the transaction, the senior vice president now owns 3,671 shares of the company’s stock, valued at $219,525.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 158,600 shares of company stock valued at $9,879,683. Company insiders own 3.40% of the company’s stock.

Shares of NASDAQ PLAY opened at $58.43 on Tuesday. The firm has a market capitalization of $2.30 billion, a P/E ratio of 22.47, a P/E/G ratio of 1.45 and a beta of 0.65. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.47 and a quick ratio of 0.36. Dave & Buster’s Entertainment Inc has a 1-year low of $37.85 and a 1-year high of $67.05.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last announced its earnings results on Friday, September 14th. The restaurant operator reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.17. The firm had revenue of $319.20 million during the quarter, compared to analyst estimates of $311.85 million. Dave & Buster’s Entertainment had a net margin of 10.26% and a return on equity of 26.34%. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.59 EPS. Sell-side analysts expect that Dave & Buster’s Entertainment Inc will post 2.76 earnings per share for the current year.

Several equities analysts have recently issued reports on the stock. Canaccord Genuity boosted their price target on shares of Dave & Buster’s Entertainment from $65.00 to $72.00 and gave the company a “buy” rating in a report on Monday, September 17th. They noted that the move was a valuation call. ValuEngine raised shares of Dave & Buster’s Entertainment from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 1st. William Blair reaffirmed a “buy” rating on shares of Dave & Buster’s Entertainment in a research note on Friday, August 17th. Jefferies Financial Group upped their target price on shares of Dave & Buster’s Entertainment from $63.00 to $66.00 and gave the stock a “buy” rating in a research note on Monday, August 27th. Finally, Raymond James upped their target price on shares of Dave & Buster’s Entertainment from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, August 24th. Fourteen investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of $69.82.

COPYRIGHT VIOLATION NOTICE: This news story was originally reported by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another domain, it was stolen and republished in violation of US and international trademark & copyright law. The original version of this news story can be accessed at https://www.dailypolitical.com/2018/11/20/us-bancorp-de-sells-985-shares-of-dave-busters-entertainment-inc-play.html.

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 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.

Featured Article: Book Value Of Equity Per Share – BVPS Explained

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)

Receive News & Ratings for Dave & Buster's Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dave & Buster's Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.