Insider Buying: Hollywood Bowl Group plc (LON:BOWL) Insider Purchases £120,000 in Stock

Hollywood Bowl Group plc (LON:BOWL) insider Peter Boddy bought 40,000 shares of Hollywood Bowl Group stock in a transaction that occurred on Thursday, December 19th. The stock was bought at an average price of GBX 300 ($3.77) per share, for a total transaction of £120,000 ($150,829.56).

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

• On Wednesday, November 13th, Peter Boddy bought 100,000 shares of Hollywood Bowl Group stock. The shares were purchased at an average cost 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 shares were sold at an average price of GBX 311 ($3.91), for a total transaction of £855,250 ($1,074,974.86).

Hollywood Bowl Group Stock Down 1.8 %

Shares of LON BOWL opened at GBX 295.50 ($3.71) on Monday. 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 firm has a market cap of £508.50 million, a PE ratio of 1,477.50, a P/E/G ratio of 0.87 and a beta of 1.26. The company’s fifty day simple moving average is GBX 321.69 and its 200 day simple moving average is GBX 317.81. Hollywood Bowl Group plc has a 12-month low of GBX 275 ($3.46) and a 12-month high of GBX 355 ($4.46).

Hollywood Bowl Group Increases Dividend

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

Analyst Upgrades and Downgrades

BOWL has been the subject of several research analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 420 ($5.28) price objective on shares of Hollywood Bowl Group in a research report on Thursday, November 28th. Shore Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a research note on Tuesday, December 17th.

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.