Peter Boddy Acquires 40,000 Shares of Hollywood Bowl Group plc (LON:BOWL) Stock

Hollywood Bowl Group plc (LON:BOWL) insider Peter Boddy purchased 40,000 shares of the firm’s stock in a transaction on Thursday, December 19th. The shares were acquired at an average price of GBX 300 ($3.77) per share, with a total value of £120,000 ($150,810.61).

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 acquired at an average price of GBX 320 ($4.02) per share, with a total value of £320,000 ($402,161.62).
• 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 ($3.91), for a total transaction of £855,250 ($1,074,839.76).

Hollywood Bowl Group Stock Down 1.8 %

BOWL opened at GBX 295.50 ($3.71) on Friday. Hollywood Bowl Group plc has a fifty-two week low of GBX 275 ($3.46) and a fifty-two week high of GBX 355 ($4.46). The firm has a market capitalization of £508.50 million, a P/E ratio of 1,477.50, a PEG ratio of 0.87 and a beta of 1.26. The company’s 50-day moving average is GBX 321.69 and its 200 day moving average is GBX 317.81. 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 Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 30th will be issued a GBX 8.08 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, January 30th. This is a positive change 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 is currently 6,500.00%.

Analysts Set New Price Targets

A number of brokerages have commented on BOWL. Shore Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a report on Tuesday, December 17th. Berenberg Bank reiterated a “buy” rating and set a GBX 420 ($5.28) 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.