Beaconlight Capital adds Dave & Buster's Entertainment (PLAY) to its portfolio

Dave & Buster's Entertainment (PLAY) : Beaconlight Capital added new position in Dave & Buster's Entertainment during the most recent quarter end. The investment management firm now holds 156,800 shares of Dave & Buster's Entertainment which is valued at $7,085,792 , the company said in a statement filed on Aug 15, 2016 with the SEC.Dave & Buster's Entertainment makes up approximately 3.39% of Beaconlight Capital’s portfolio.

Other Hedge Funds, Including , Everpoint Asset Management reduced its stake in PLAY by selling 87,503 shares or 61.47% in the most recent quarter. The Hedge Fund company now holds 54,855 shares of PLAY which is valued at $2,478,897. Dave & Buster's Entertainment makes up approx 0.07% of Everpoint Asset Management’s portfolio.Waratah Capital Advisors Ltd. reduced its stake in PLAY by selling 104,391 shares or 19.68% in the most recent quarter. The Hedge Fund company now holds 426,113 shares of PLAY which is valued at $18,450,693. Dave & Buster's Entertainment makes up approx 3.63% of Waratah Capital Advisors Ltd.’s portfolio.Sheaff Brock Investment Advisors reduced its stake in PLAY by selling 5,443 shares or 16.17% in the most recent quarter. The Hedge Fund company now holds 28,226 shares of PLAY which is valued at $1,222,186. Dave & Buster's Entertainment makes up approx 0.15% of Sheaff Brock Investment Advisors’s portfolio. Gsa Capital Partners Llp added PLAY to its portfolio by purchasing 9,964 company shares during the most recent quarter which is valued at $431,441. Dave & Buster's Entertainment makes up approx 0.02% of Gsa Capital Partners Llp’s portfolio.

Dave & Buster's Entertainment closed down -0.21 points or -0.45% at $46.24 with 11,14,808 shares getting traded on Thursday. Post opening the session at $46.34, the shares hit an intraday low of $45.367 and an intraday high of $46.35 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Dave & Buster's Entertainment reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Sep 6, 2016. Analyst had a consensus of $0.44. The company had revenue of $244.30 million for the quarter, compared to analysts expectations of $243.14 million. The company’s revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

Many Wall Street Analysts have commented on Dave & Buster's Entertainment. Dave & Buster's Entertainment was Downgraded by Stifel to ” Hold” on Jul 26, 2016.

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