OSB Group (LON:OSB) Insider Acquires £50,500 in Stock

OSB Group Plc (LON:OSB) insider Simon Walker purchased 10,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of GBX 505 per share, with a total value of £50,500.

OSB Group Trading Down 0.9%

Shares of LON:OSB traded down GBX 4.44 during trading on Tuesday, reaching GBX 503.56. The company had a trading volume of 1,226,199 shares, compared to its average volume of 3,478,854. The company has a fifty day moving average of GBX 535.14 and a two-hundred day moving average of GBX 549.18. The stock has a market capitalization of £1.72 billion, a P/E ratio of 6.84 and a beta of 1.05. OSB Group Plc has a 12 month low of GBX 479 and a 12 month high of GBX 647.50.

OSB Group (LON:OSB) last posted its quarterly earnings data on Thursday, August 6th. The company reported GBX 38.80 earnings per share for the quarter. OSB Group had a net margin of 15.28% and a return on equity of 13.06%. As a group, equities research analysts predict that OSB Group Plc will post 85.1214128 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reaffirmed a “buy” rating and set a GBX 680 price target on shares of OSB Group in a research note on Thursday, April 30th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, OSB Group currently has an average rating of “Moderate Buy” and an average price target of GBX 667.80.

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. The company also provides buy-to-let and specialist residential mortgages, mortgage servicing, administration and analytical, mortgage originator and servicer, and retail savings products; and back office processing services.