Hollywood Bowl Group’s (BOWL) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Hollywood Bowl Group (LON:BOWL) in a research report sent to investors on Tuesday, Marketbeat Ratings reports. The firm currently has a GBX 410 ($5.10) price target on the stock.

Hollywood Bowl Group Stock Down 0.8 %

Shares of LON:BOWL opened at GBX 330 ($4.11) on Tuesday. The stock’s 50-day moving average is GBX 324.85 and its 200 day moving average is GBX 292.81. The company has a market cap of £566.21 million, a PE ratio of 1,650.00, a P/E/G ratio of 0.87 and a beta of 1.24. The company has a debt-to-equity ratio of 131.27, a current ratio of 1.53 and a quick ratio of 1.62. Hollywood Bowl Group has a 1 year low of GBX 211.85 ($2.64) and a 1 year high of GBX 345.50 ($4.30).

Hollywood Bowl Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, February 1st were paid a GBX 11.27 ($0.14) dividend. This is a positive change from Hollywood Bowl Group’s previous dividend of $3.27. The ex-dividend date of this dividend was Thursday, February 1st. This represents a yield of 3.99%. Hollywood Bowl Group’s dividend payout ratio (DPR) is presently 6,000.00%.

Insider Activity at Hollywood Bowl Group

In other news, insider Stephen Burns sold 165,696 shares of Hollywood Bowl Group stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of GBX 321 ($4.00), for a total transaction of £531,884.16 ($662,123.94). In other news, insider Stephen Burns sold 165,696 shares of Hollywood Bowl Group stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of GBX 321 ($4.00), for a total value of £531,884.16 ($662,123.94). Also, insider Ivan Schofield sold 20,000 shares of the company’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of GBX 319 ($3.97), for a total transaction of £63,800 ($79,422.38). Insiders have sold a total of 205,696 shares of company stock worth $66,248,416 over the last quarter. Corporate insiders own 4.25% of the company’s stock.

Hollywood Bowl Group Company Profile

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.