OSB Group Plc (LON:OSB) Insider Sells £126,783.36 in Stock

OSB Group Plc (LON:OSB) insider Andy Golding sold 27,324 shares of the firm’s stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of GBX 464 ($5.99), for a total value of £126,783.36 ($163,718.18).

OSB Group Stock Performance

LON:OSB opened at GBX 458.60 ($5.92) on Monday. OSB Group Plc has a one year low of GBX 343.60 ($4.44) and a one year high of GBX 533.50 ($6.89). The stock has a market cap of £1.69 billion, a PE ratio of 4.57 and a beta of 1.41. The stock has a 50 day moving average price of GBX 418.68 and a 200 day moving average price of GBX 397.88.

OSB Group (LON:OSB) last posted its earnings results on Friday, March 14th. The company reported GBX 82.20 ($1.06) earnings per share for the quarter. OSB Group had a net margin of 27.26% and a return on equity of 18.78%. As a group, analysts predict that OSB Group Plc will post 85.1214128 earnings per share for the current fiscal year.

OSB Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Investors of record on Thursday, March 27th will be issued a GBX 22.90 ($0.30) dividend. The ex-dividend date is Thursday, March 27th. This is a boost from OSB Group’s previous dividend of $10.70. This represents a yield of 4.83%. OSB Group’s dividend payout ratio is currently 32.89%.

Wall Street Analysts Forecast Growth

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

About OSB Group

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.