Hollywood Bowl Group (LON:BOWL) Rating Reiterated by Shore Capital

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

Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 410 ($5.10) price objective on shares of Hollywood Bowl Group in a research report on Tuesday.

Hollywood Bowl Group Stock Down 0.8 %

BOWL opened at GBX 330 ($4.11) on Tuesday. The company has a market capitalization of £566.21 million, a PE ratio of 1,650.00, a price-to-earnings-growth ratio of 0.87 and a beta of 1.24. The company has a debt-to-equity ratio of 131.27, a current ratio of 1.53 and a quick ratio of 1.62. Hollywood Bowl Group has a fifty-two week low of GBX 211.85 ($2.64) and a fifty-two week high of GBX 345.50 ($4.30). The business has a 50-day moving average of GBX 324.85 and a 200-day moving average of GBX 292.81.

Hollywood Bowl Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, February 1st were issued a GBX 11.27 ($0.14) dividend. The ex-dividend date of this dividend was Thursday, February 1st. This is a boost from Hollywood Bowl Group’s previous dividend of $3.27. This represents a yield of 3.99%. Hollywood Bowl Group’s dividend payout ratio is currently 6,000.00%.

Insiders Place Their Bets

In other Hollywood Bowl Group news, insider Ivan Schofield sold 20,000 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of GBX 334 ($4.16), for a total value of £66,800 ($83,156.98). In related news, insider Stephen Burns sold 165,696 shares of the company’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of GBX 321 ($4.00), for a total transaction of £531,884.16 ($662,123.94). Also, insider Ivan Schofield sold 20,000 shares of Hollywood Bowl Group stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of GBX 334 ($4.16), for a total transaction of £66,800 ($83,156.98). Insiders have sold 205,696 shares of company stock valued at $66,248,416 over the last three months. 4.25% of the stock is currently owned by insiders.

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.