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 that occurred on Monday, March 17th. The shares were sold at an average price of GBX 455 ($5.92), for a total value of £5,173.35 ($6,730.00).

OSB Group Price Performance

Shares of OSB opened at GBX 465 ($6.05) on Thursday. The company has a 50-day simple moving average of GBX 415 and a two-hundred day simple moving average of GBX 396.44. The firm has a market capitalization of £1.72 billion, a PE ratio of 4.63 and a beta of 1.41. OSB Group Plc has a one year low of GBX 343.60 ($4.47) and a one year high of GBX 533.50 ($6.94).

OSB Group (LON:OSB) last released its 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%. Analysts expect that OSB Group Plc will post 85.1214128 EPS for the current fiscal year.

OSB Group Increases Dividend

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

Wall Street Analyst Weigh In

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.