Hollywood Bowl Group (LON:BOWL) Rating Reiterated by Berenberg Bank

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

Hollywood Bowl Group Price Performance

Shares of LON BOWL opened at GBX 330 ($4.11) on Tuesday. Hollywood Bowl Group has a fifty-two week low of GBX 211.85 ($2.64) and a fifty-two week high of GBX 345.50 ($4.30). The company has a debt-to-equity ratio of 131.27, a quick ratio of 1.62 and a current ratio of 1.53. 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 business has a 50-day simple moving average of GBX 324.85 and a two-hundred day simple moving average of GBX 292.81.

Hollywood Bowl Group Increases Dividend

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

Insider Transactions at Hollywood Bowl Group

In related news, insider Stephen Burns sold 165,696 shares of the firm’s 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). In related news, insider Stephen Burns sold 165,696 shares of the company’s stock in a transaction that occurred 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). Also, insider Ivan Schofield sold 20,000 shares of the stock in a transaction that occurred 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). Over the last ninety days, insiders sold 205,696 shares of company stock worth $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.