Hollywood Bowl Group (LON:BOWL) Shares Down 2.6% - Time to Sell?

Shares of Hollywood Bowl Group plc (LON:BOWL - Get Free Report) traded down 2.6% during trading on Friday . The stock traded as low as GBX 277 ($3.38) and last traded at GBX 277 ($3.38). 8,290,003 shares traded hands during trading, an increase of 336% from the average session volume of 1,899,811 shares. The stock had previously closed at GBX 284.50 ($3.47).

Analyst Ratings Changes

Several research analysts have weighed in on BOWL shares. Berenberg Bank reiterated a "buy" rating and issued a GBX 420 ($5.13) price objective on shares of Hollywood Bowl Group in a research note on Thursday, November 28th. Shore Capital reaffirmed a "buy" rating on shares of Hollywood Bowl Group in a research note on Tuesday, December 17th.

Hollywood Bowl Group Stock Down 2.6 %

The firm has a market capitalization of £476.66 million, a price-to-earnings ratio of 1,385.00, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26. The business has a 50 day moving average of GBX 312.65 and a 200 day moving average of GBX 315.63. 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 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 GBX 8.08 ($0.10) dividend. This is a positive change from Hollywood Bowl Group's previous dividend of $3.98. This represents a dividend yield of 2.42%. The ex-dividend date of this dividend is Thursday, January 30th. Hollywood Bowl Group's dividend payout ratio is currently 6,500.00%.

Insider Activity at Hollywood Bowl Group

In related news, insider Stephen Burns acquired 13,210 shares of the stock in a transaction on Tuesday, December 17th. The stock was purchased at an average price of GBX 300 ($3.66) per share, for a total transaction of £39,630 ($48,388.28). Also, insider Melanie Dickinson sold 150,000 shares of the business's stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of GBX 332 ($4.05), for a total transaction of £498,000 ($608,058.61). Insiders have purchased a total of 153,210 shares of company stock valued at $47,963,000 in the last 90 days. 4.36% of the stock is owned by corporate insiders.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition. Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested. We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.

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