Stephen Burns Buys 13,210 Shares of Hollywood Bowl Group plc (LON:BOWL) Stock

Hollywood Bowl Group plc (LON:BOWL) insider Stephen Burns purchased 13,210 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The shares were bought at an average cost of GBX 300 ($3.81) per share, with a total value of £39,630 ($50,279.12).

Hollywood Bowl Group Trading Down 11.5 %

LON BOWL traded down GBX 38.50 ($0.49) during mid-day trading on Tuesday, hitting GBX 295 ($3.74). The company’s stock had a trading volume of 2,801,725 shares, compared to its average volume of 581,225. The firm has a market capitalization of £507.64 million, a P/E ratio of 1,512.50, a price-to-earnings-growth 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 plc has a 52-week low of GBX 275 ($3.49) and a 52-week high of GBX 355 ($4.50). The stock’s fifty day simple moving average is GBX 322.26 and its two-hundred day simple moving average is GBX 317.99.

Hollywood Bowl Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 30th will be given a GBX 8.08 ($0.10) dividend. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 2.42%. This is a positive change from Hollywood Bowl Group’s previous dividend of $3.98. Hollywood Bowl Group’s dividend payout ratio is presently 6,500.00%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Shore Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a research note on Tuesday. Berenberg Bank reissued a “buy” rating and set a GBX 420 ($5.33) price target on shares of Hollywood Bowl Group in a research 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.