Insider Buying: Hollywood Bowl Group plc (LON:BOWL) Insider Acquires 40,000 Shares of Stock

Hollywood Bowl Group plc (LON:BOWL) insider Peter Boddy bought 40,000 shares of the firm’s stock in a transaction dated Thursday, December 19th. The shares were acquired at an average cost of GBX 300 ($3.77) per share, with a total value of £120,000 ($150,829.56).

Peter Boddy also recently made the following trade(s):

• On Wednesday, November 13th, Peter Boddy purchased 100,000 shares of Hollywood Bowl Group stock. The shares were bought at an average price of GBX 320 ($4.02) per share, with a total value of £320,000 ($402,212.17).
• On Thursday, September 26th, Peter Boddy sold 275,000 shares of Hollywood Bowl Group stock. The stock was sold at an average price of GBX 311 ($3.91), for a total value of £855,250 ($1,074,974.86).

Hollywood Bowl Group Trading Down 1.8 %

LON:BOWL opened at GBX 295.50 ($3.71) on Monday. Hollywood Bowl Group plc has a 52 week low of GBX 275 ($3.46) and a 52 week high of GBX 355 ($4.46). The firm has a 50-day moving average price of GBX 321.69 and a two-hundred day moving average price of GBX 317.81. The company has a debt-to-equity ratio of 135.91, a quick ratio of 1.62 and a current ratio of 1.24. The firm has a market cap of £508.50 million, a price-to-earnings ratio of 1,477.50, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26.

Hollywood Bowl Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on BOWL shares. Berenberg Bank reiterated a “buy” rating and set a GBX 420 ($5.28) price target on shares of Hollywood Bowl Group in a report on Thursday, November 28th. Shore Capital reiterated a “buy” rating on shares of Hollywood Bowl Group in a research note on Tuesday, December 17th.

About Hollywood Bowl Group

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.