Insider Buying: Hollywood Bowl Group plc (LON:BOWL) Insider Acquires £39,630 in Stock

Hollywood Bowl Group plc (LON:BOWL) insider Stephen Burns bought 13,210 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were purchased at an average price of GBX 300 ($3.75) per share, with a total value of £39,630 ($49,531.31).

Hollywood Bowl Group Price Performance

Shares of LON:BOWL opened at GBX 301 ($3.76) on Friday. The company has a debt-to-equity ratio of 135.91, a current ratio of 1.24 and a quick ratio of 1.62. Hollywood Bowl Group plc has a 12 month low of GBX 275 ($3.44) and a 12 month high of GBX 355 ($4.44). The firm has a market capitalization of £517.96 million, a P/E ratio of 1,505.00, a P/E/G ratio of 0.87 and a beta of 1.26. The company’s fifty day moving average price is GBX 321.94 and its 200 day moving average price is GBX 317.62.

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 dividend of GBX 8.08 ($0.10) per share. This represents a yield of 2.42%. The ex-dividend date is Thursday, January 30th. This is an increase from Hollywood Bowl Group’s previous dividend of $3.98. Hollywood Bowl Group’s dividend payout ratio (DPR) is currently 6,500.00%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on BOWL shares. Shore Capital reaffirmed a “buy” rating on shares of Hollywood Bowl Group in a report on Tuesday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 420 ($5.25) price target on shares of Hollywood Bowl Group in a report on Thursday, November 28th.

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.