Great Lakes Advisors LLC purchased a new position in shares of Lucky Strike Entertainment (NYSE:LUCK - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 181,951 shares of the company's stock, valued at approximately $1,361,000. Great Lakes Advisors LLC owned approximately 0.13% of Lucky Strike Entertainment as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Rice Hall James & Associates LLC boosted its holdings in shares of Lucky Strike Entertainment by 52.7% in the first quarter. Rice Hall James & Associates LLC now owns 481,189 shares of the company's stock valued at $4,003,000 after acquiring an additional 166,104 shares during the period. Maven Securities LTD acquired a new stake in Lucky Strike Entertainment during the 4th quarter worth $1,036,000. MYDA Advisors LLC acquired a new stake in Lucky Strike Entertainment during the 4th quarter worth $424,000. Private Management Group Inc. grew its position in Lucky Strike Entertainment by 2.6% during the 4th quarter. Private Management Group Inc. now owns 1,911,134 shares of the company's stock worth $16,187,000 after purchasing an additional 48,093 shares during the last quarter. Finally, Squarepoint Ops LLC raised its holdings in shares of Lucky Strike Entertainment by 110.4% in the fourth quarter. Squarepoint Ops LLC now owns 40,130 shares of the company's stock valued at $340,000 after buying an additional 21,059 shares during the last quarter. 68.11% of the stock is currently owned by institutional investors and hedge funds.
Lucky Strike Entertainment Price Performance
Shares of LUCK stock opened at $6.80 on Friday. The firm has a market cap of $929.02 million, a P/E ratio of -10.97 and a beta of 0.63. Lucky Strike Entertainment has a 1-year low of $5.70 and a 1-year high of $11.19. The firm's 50-day simple moving average is $7.23 and its 200-day simple moving average is $7.83.
Wall Street Analysts Forecast Growth
Several analysts recently commented on LUCK shares. Citizens Jmp initiated coverage on shares of Lucky Strike Entertainment in a research note on Monday, June 29th. They issued a "market perform" rating for the company. Craig Hallum lowered Lucky Strike Entertainment from a "buy" rating to a "hold" rating and set a $6.50 price target on the stock. in a research note on Thursday, May 7th. Stifel Nicolaus set a $9.00 price objective on Lucky Strike Entertainment in a report on Thursday, May 7th. Truist Financial decreased their target price on Lucky Strike Entertainment from $10.00 to $9.00 and set a "buy" rating on the stock in a research report on Monday, July 20th. Finally, Jefferies Financial Group set a $12.00 price objective on shares of Lucky Strike Entertainment in a research report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $8.72.
Get Our Latest Analysis on LUCK
Lucky Strike Entertainment Profile
(
Free Report)
Lucky Strike Entertainment Corp. engages in operating bowling centers. It offers entertainment concepts with lounge seating, arcades, food and beverage offerings, and hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. The company was founded by Thomas F. Shannon in 1997 and is headquartered in Mechanicsville, VA.
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