OSB Group Plc (LON:OSB) Insider Sells £5,173.35 in Stock

OSB Group Plc (LON:OSB) insider Victoria Hyde sold 1,137 shares of the business’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of GBX 455 ($5.90), for a total value of £5,173.35 ($6,708.18).

OSB Group Stock Performance

Shares of LON OSB opened at GBX 459.20 ($5.95) on Friday. The stock has a market cap of £1.70 billion, a price-to-earnings ratio of 4.58 and a beta of 1.41. The business has a 50 day simple moving average of GBX 416.79 and a 200 day simple moving average of GBX 396.88. OSB Group Plc has a 52 week low of GBX 343.60 ($4.46) and a 52 week high of GBX 533.50 ($6.92).

OSB Group (LON:OSB) last announced its quarterly earnings results on Friday, March 14th. The company reported GBX 82.20 ($1.07) EPS for the quarter. OSB Group had a return on equity of 18.78% and a net margin of 27.26%. On average, analysts predict that OSB Group Plc will post 85.1214128 EPS for the current year.

OSB Group Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 22.90 ($0.30) per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 4.83%. This is a boost from OSB Group’s previous dividend of $10.70. OSB Group’s dividend payout ratio is presently 32.89%.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of OSB Group in a report on Friday, March 14th.

OSB Group Company Profile

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services.