OSB Group Plc (LON:OSB) Insider David Weymouth Buys 3,736 Shares

OSB Group Plc (LON:OSBGet Free Report) insider David Weymouth purchased 3,736 shares of OSB Group stock in a transaction on Monday, August 14th. The shares were acquired at an average cost of GBX 397 ($5.04) per share, for a total transaction of £14,831.92 ($18,815.07).

OSB Group Price Performance

OSB opened at GBX 386.20 ($4.90) on Tuesday. The stock has a market capitalization of £1.60 billion, a PE ratio of 429.11 and a beta of 1.33. The firm’s fifty day moving average price is GBX 424.32 and its 200 day moving average price is GBX 480.84. OSB Group Plc has a 12-month low of GBX 327.60 ($4.16) and a 12-month high of GBX 599 ($7.60).

OSB Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, September 20th. Investors of record on Thursday, August 24th will be issued a GBX 10.20 ($0.13) dividend. The ex-dividend date is Thursday, August 24th. This represents a yield of 2.71%. OSB Group’s dividend payout ratio is presently 3,333.33%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on OSB. Berenberg Bank lifted their price target on shares of OSB Group from GBX 750 ($9.51) to GBX 800 ($10.15) and gave the company a “buy” rating in a research report on Monday, April 17th. Shore Capital reissued a “buy” rating on shares of OSB Group in a research report on Thursday, August 10th. Finally, Barclays reissued a “buy” rating and set a GBX 800 ($10.15) target price on shares of OSB Group in a research report on Wednesday, July 5th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, OSB Group has an average rating of “Buy” and a consensus target price of GBX 777 ($9.86).

Read Our Latest Stock Report on OSB Group

About OSB Group

(Get Free Report)

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.

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