Insider Buying: Hollywood Bowl Group plc (LON:BOWL) Insider Purchases 40,000 Shares of Stock

Hollywood Bowl Group plc (LON:BOWL - Get Free Report) insider Peter Boddy acquired 40,000 shares of the stock in a transaction on Thursday, December 19th. The stock was acquired at an average cost of GBX 300 ($3.77) per share, for a total transaction 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 purchased at an average cost 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 shares were sold at an average price of GBX 311 ($3.91), for a total value of £855,250 ($1,074,839.76).

Hollywood Bowl Group Stock Down 1.8 %

LON:BOWL traded down GBX 5.50 ($0.07) during mid-day trading on Friday, hitting GBX 295.50 ($3.71). The company had a trading volume of 1,441,825 shares, compared to its average volume of 599,579. The business has a fifty day simple moving average of GBX 321.89 and a 200-day simple moving average of GBX 317.50. The firm has a market capitalization of £508.50 million, a price-to-earnings ratio of 1,477.50, a PEG ratio of 0.87 and a beta of 1.26. Hollywood Bowl Group plc has a 1 year low of GBX 275 ($3.46) and a 1 year high of GBX 355 ($4.46). The company has a current ratio of 1.24, a quick ratio of 1.62 and a debt-to-equity ratio of 135.91.

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 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 is 6,500.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on BOWL shares. Berenberg Bank reiterated 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 restated a "buy" rating on shares of Hollywood Bowl Group in a research report on Tuesday.

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.