Hollywood Bowl Group’s (BOWL) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Hollywood Bowl Group (LON:BOWL) in a report released on Tuesday, Marketbeat.com reports. Berenberg Bank currently has a GBX 410 ($5.10) target price on the stock.

Hollywood Bowl Group Stock Up 0.9 %

BOWL stock opened at GBX 332.50 ($4.14) on Tuesday. The company has a current ratio of 1.53, a quick ratio of 1.62 and a debt-to-equity ratio of 131.27. The firm has a 50 day simple moving average of GBX 324.05 and a 200-day simple moving average of GBX 292.18. The company has a market capitalization of £570.50 million, a P/E ratio of 1,653.59, a PEG ratio of 0.87 and a beta of 1.24. Hollywood Bowl Group has a twelve month low of GBX 211.85 ($2.64) and a twelve month high of GBX 345.50 ($4.30).

Hollywood Bowl Group Increases Dividend

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

Insiders Place Their Bets

In related news, insider Ivan Schofield sold 20,000 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of GBX 334 ($4.16), for a total transaction of £66,800 ($83,156.98). In related news, insider Ivan Schofield sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of GBX 334 ($4.16), for a total transaction of £66,800 ($83,156.98). Also, insider Stephen Burns sold 165,696 shares of the stock in a transaction on 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). Over the last three months, insiders have sold 205,696 shares of company stock valued at $66,248,416. Company insiders own 4.25% of the company’s stock.

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.