Hollywood Bowl Group plc (LON:BOWL) Insider Peter Boddy Purchases 40,000 Shares

Hollywood Bowl Group plc (LON:BOWL) insider Peter Boddy purchased 40,000 shares of the company’s stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of GBX 300 ($3.75) per share, with a total value of £120,000 ($149,981.25).

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

• On Wednesday, November 13th, Peter Boddy acquired 100,000 shares of Hollywood Bowl Group stock. The shares were purchased at an average cost of GBX 320 ($4.00) per share, for a total transaction of £320,000 ($399,950.01).
• 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 ($3.89), for a total value of £855,250 ($1,068,928.88).

Hollywood Bowl Group Trading Down 1.8 %

Shares of BOWL traded down GBX 5.50 ($0.07) during trading hours on Friday, hitting GBX 295.50 ($3.69). The company had a trading volume of 1,441,825 shares, compared to its average volume of 599,579. Hollywood Bowl Group plc has a 52-week low of GBX 275 ($3.44) and a 52-week high of GBX 355 ($4.44). The company has a quick ratio of 1.62, a current ratio of 1.24 and a debt-to-equity ratio of 135.91. The stock’s 50 day moving average price is GBX 321.89 and its 200 day moving average price is GBX 317.50. The firm has a market cap of £508.50 million, a P/E ratio of 1,477.50, a P/E/G ratio of 0.87 and a beta of 1.26.

Hollywood Bowl Group Increases Dividend

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

Wall Street Analysts Forecast Growth

BOWL has been the topic of several research reports. Shore Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a research note on Tuesday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 420 ($5.25) target price on shares of Hollywood Bowl Group in a report on Thursday, November 28th.

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.