Insider Buying: Hollywood Bowl Group plc (LON:BOWL) Insider Acquires £102,375 in Stock

Hollywood Bowl Group plc (LON:BOWL) insider Ivan Schofield acquired 37,500 shares of Hollywood Bowl Group stock in a transaction dated Thursday, February 20th. The shares were acquired at an average price of GBX 273 ($3.45) per share, with a total value of £102,375 ($129,343.02).

Ivan Schofield also recently made the following trade(s):

• On Monday, February 3rd, Ivan Schofield acquired 28,300 shares of Hollywood Bowl Group stock. The shares were acquired at an average price of GBX 277 ($3.50) per share, with a total value of £78,391 ($99,041.06).

Hollywood Bowl Group Price Performance

Shares of LON:BOWL opened at GBX 276 ($3.49) on Friday. Hollywood Bowl Group plc has a 12 month low of GBX 268 ($3.39) and a 12 month high of GBX 355 ($4.49). The stock has a market cap of £476.70 million, a price-to-earnings ratio of 13.51, a PEG ratio of 0.87 and a beta of 1.26. The stock’s 50 day moving average price is GBX 285.09 and its 200 day moving average price is GBX 307.32. The company has a debt-to-equity ratio of 143.39, a current ratio of 0.95 and a quick ratio of 1.62.

Hollywood Bowl Group (LON:BOWL) last announced its earnings results on Tuesday, December 17th. The company reported GBX 18.82 ($0.24) EPS for the quarter. Hollywood Bowl Group had a return on equity of 23.23% and a net margin of 15.73%. Equities research analysts anticipate that Hollywood Bowl Group plc will post 22.5511696 earnings per share for the current fiscal year.

Hollywood Bowl Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 30th were issued a dividend of GBX 8.08 ($0.10) per share. This is a boost from Hollywood Bowl Group’s previous dividend of $3.98. The ex-dividend date was Thursday, January 30th. This represents a yield of 2.42%. Hollywood Bowl Group’s payout ratio is presently 63.64%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Shore Capital reiterated a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday, February 18th. Berenberg Bank reissued a “buy” rating and set a GBX 420 ($5.31) target price on shares of Hollywood Bowl Group in a report on Thursday, November 28th.

About Hollywood Bowl Group

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition.

Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested.

We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.