Peter Boddy Purchases 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 business’s stock in a transaction dated Thursday, December 19th. The shares were acquired at an average price 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 bought 100,000 shares of Hollywood Bowl Group stock. The shares were bought 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 %

Shares of Hollywood Bowl Group stock opened at GBX 295.50 ($3.71) on Friday. The stock’s 50-day moving average is GBX 321.69 and its 200 day moving average is GBX 317.81. Hollywood Bowl Group plc has a one year low of GBX 275 ($3.46) and a one year high of GBX 355 ($4.46). The firm has a market cap 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. 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 declared a dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, January 30th will be issued a dividend of GBX 8.08 ($0.10) per share. This represents a dividend yield of 2.42%. This is a boost from Hollywood Bowl Group’s previous dividend of $3.98. The ex-dividend date of this dividend is Thursday, January 30th. Hollywood Bowl Group’s dividend payout ratio is presently 6,500.00%.

Wall Street Analysts Forecast Growth

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