OSB Group Plc (LON:OSB) Insider Andy Golding Sells 27,324 Shares

OSB Group Plc (LON:OSB) insider Andy Golding sold 27,324 shares of the firm’s stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of GBX 464 ($5.99), for a total value of £126,783.36 ($163,697.04).

OSB Group Stock Down 0.1 %

LON:OSB opened at GBX 458.60 ($5.92) on Friday. The business’s 50-day simple moving average is GBX 418.68 and its two-hundred day simple moving average is GBX 397.71. The stock has a market cap of £1.69 billion, a PE ratio of 4.57 and a beta of 1.41. OSB Group Plc has a 52 week low of GBX 343.60 ($4.44) and a 52 week high of GBX 533.50 ($6.89).

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

OSB Group Increases Dividend

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

Analyst Ratings Changes

Separately, Shore Capital reissued a “buy” rating on shares of OSB Group in a report 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.