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 stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of GBX 464 ($5.99), for a total transaction of £126,783.36 ($163,697.04).

OSB Group Price Performance

Shares of OSB stock opened at GBX 458.60 ($5.92) on Friday. The firm has a market cap of £1.69 billion, a P/E ratio of 4.57 and a beta of 1.41. OSB Group Plc has a 1-year low of GBX 343.60 ($4.44) and a 1-year high of GBX 533.50 ($6.89). The firm’s 50-day simple moving average is GBX 418.68 and its 200-day simple moving average is GBX 397.50.

OSB Group (LON:OSB) last announced its quarterly earnings data 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%. Analysts expect that OSB Group Plc will post 85.1214128 earnings per share for the current fiscal year.

OSB Group Increases Dividend

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

Wall Street Analysts Forecast Growth

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.