Hollywood Bowl Group’s (BOWL) “Buy” Rating Reiterated at Shore Capital

Shore Capital reiterated their buy rating on shares of Hollywood Bowl Group (LON:BOWL) in a report published on Tuesday, Marketbeat.com reports.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 420 ($5.25) target price on shares of Hollywood Bowl Group in a research report on Thursday, November 28th.

Hollywood Bowl Group Trading Down 0.3 %

LON:BOWL opened at GBX 301 ($3.76) on Tuesday. The stock’s 50-day moving average is GBX 321.94 and its two-hundred day moving average is GBX 317.62. The company has a debt-to-equity ratio of 135.91, a current ratio of 1.24 and a quick ratio of 1.62. The stock has a market cap of £517.96 million, a PE ratio of 1,505.00, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26. Hollywood Bowl Group has a fifty-two week low of GBX 275 ($3.44) and a fifty-two week high of GBX 355 ($4.44).

Hollywood Bowl Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, January 30th will be paid a GBX 8.08 ($0.10) dividend. This is a boost from Hollywood Bowl Group’s previous dividend of $3.98. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 2.42%. Hollywood Bowl Group’s payout ratio is presently 6,500.00%.

Insider Buying and Selling

In related news, insider Peter Boddy bought 100,000 shares of Hollywood Bowl Group stock in a transaction that occurred on Wednesday, November 13th. The stock was purchased at an average cost of GBX 320 ($4.00) per share, for a total transaction of £320,000 ($399,950.01). Also, insider Melanie Dickinson sold 150,000 shares of the business’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of GBX 332 ($4.15), for a total transaction of £498,000 ($622,422.20). 4.36% of the stock is currently owned by corporate insiders.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom. The company also supplies and installs bowling equipment. It operates centers under the Hollywood Bowl, Puttstars, and Splitsville brands. The company was incorporated in 2016 and is based in Hemel Hempstead, the United Kingdom.