Ivan Schofield Buys 37,500 Shares of Hollywood Bowl Group plc (LON:BOWL) Stock

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

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

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

Hollywood Bowl Group Stock Performance

Shares of LON BOWL opened at GBX 276 ($3.49) on Friday. The firm has a market capitalization of £476.70 million, a price-to-earnings ratio of 13.51, a PEG ratio of 0.87 and a beta of 1.26. Hollywood Bowl Group plc has a one year low of GBX 268 ($3.39) and a one year high of GBX 355 ($4.49). The business has a fifty day simple moving average of GBX 285.09 and a 200 day simple moving average of GBX 307.30. The company has a current ratio of 0.95, a quick ratio of 1.62 and a debt-to-equity ratio of 143.39.

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

Hollywood Bowl Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 30th were paid 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 dividend payout ratio (DPR) is currently 63.64%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Shore Capital reaffirmed a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday. Berenberg Bank restated a “buy” rating and set a GBX 420 ($5.31) price target on shares of Hollywood Bowl Group in a research note 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.