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

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

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

Hollywood Bowl Group Stock Up 0.9 %

BOWL stock opened at GBX 332.50 ($4.14) on Tuesday. The firm has a market capitalization of £570.50 million, a PE ratio of 1,653.59, a P/E/G ratio of 0.87 and a beta of 1.24. The company has a quick ratio of 1.62, a current ratio of 1.53 and a debt-to-equity ratio of 131.27. Hollywood Bowl Group has a twelve month low of GBX 211.85 ($2.64) and a twelve month high of GBX 345.50 ($4.30). The stock’s 50 day moving average is GBX 324.05 and its 200-day moving average is GBX 292.18.

Hollywood Bowl Group Increases Dividend

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

Insider Buying and Selling at Hollywood Bowl Group

In other news, insider Stephen Burns sold 165,696 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of GBX 321 ($4.00), for a total transaction of £531,884.16 ($662,123.94). In other news, insider Stephen Burns sold 165,696 shares of Hollywood Bowl Group stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of GBX 321 ($4.00), for a total value of £531,884.16 ($662,123.94). Also, insider Ivan Schofield sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of GBX 319 ($3.97), for a total transaction of £63,800 ($79,422.38). Over the last ninety days, insiders sold 205,696 shares of company stock valued at $66,248,416. Company insiders own 4.25% of the company’s stock.

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.