Ten Entertainment Group (TEG) Insider Alan Michael Hand Sells 217,037 Shares of Stock

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, 2018-04-28 00:35:54

Ten Entertainment Group (LON:TEG) insider Alan Michael Hand sold 217,037 shares of the firm’s stock in a transaction that occurred on Thursday, April 26th. The stock was sold at an average price of GBX 240 ($3.35), for a total transaction of £520,888.80 ($726,483.68).

LON TEG opened at GBX 245 ($3.42) on Friday. Ten Entertainment Group has a 52-week low of GBX 152 ($2.12) and a 52-week high of GBX 274.50 ($3.83).

The firm also recently disclosed a dividend, which will be paid on Thursday, July 5th. Stockholders of record on Thursday, May 24th will be paid a dividend of GBX 7 ($0.10) per share. The ex-dividend date is Thursday, May 24th. This is an increase from Ten Entertainment Group’s previous dividend of $3.00. This represents a dividend yield of 2.78%.

A number of equities analysts have recently commented on TEG shares. Berenberg Bank raised their target price on shares of Ten Entertainment Group from GBX 300 ($4.18) to GBX 310 ($4.32) and gave the stock a “buy” rating in a research report on Monday, April 23rd. Numis Securities raised their target price on shares of Ten Entertainment Group from GBX 327 ($4.56) to GBX 329 ($4.59) and gave the stock a “buy” rating in a research report on Thursday, April 19th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 325 ($4.53) target price on shares of Ten Entertainment Group in a research report on Thursday, April 19th.

About Ten Entertainment Group

Ten Entertainment Group plc, together with its subsidiaries, engages in ten-pin bowling operations in the United Kingdom. The company operates 40 ten-pin bowling sites with approximately 1,000 bowling lanes under the Tenpin brand. It also engages in amusement machine, table tennis, soft play, laser game, pool table, and restaurant and bar activities.

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