Insider Buying: Mortgage Advice Bureau (Holdings) plc (LON:MAB1) Insider Buys £152 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Ben Thompson purchased 20 shares of the firm’s stock in a transaction dated Friday, March 14th. The stock was bought at an average cost of GBX 760 ($9.89) per share, for a total transaction of £152 ($197.74).

Ben Thompson also recently made the following trade(s):

• On Tuesday, January 14th, Ben Thompson bought 25 shares of Mortgage Advice Bureau stock. The stock was acquired at an average price of GBX 612 ($7.96) per share, for a total transaction of £153 ($199.04).

Mortgage Advice Bureau Stock Performance

Shares of Mortgage Advice Bureau stock opened at GBX 746 ($9.70) on Thursday. Mortgage Advice Bureau has a 52-week low of GBX 528 ($6.87) and a 52-week high of GBX 984 ($12.80). The stock has a market capitalization of £432.36 million, a PE ratio of 39.78, a price-to-earnings-growth ratio of 0.81 and a beta of 1.14. The company has a 50-day simple moving average of GBX 749.07 and a two-hundred day simple moving average of GBX 694.64.

Mortgage Advice Bureau (LON:MAB1) last posted its earnings results on Tuesday, March 18th. The company reported GBX 27.60 ($0.36) earnings per share for the quarter. Mortgage Advice Bureau had a return on equity of 15.33% and a net margin of 4.41%. As a group, equities research analysts forecast that Mortgage Advice Bureau will post 44.7385003 EPS for the current fiscal year.

Mortgage Advice Bureau Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Thursday, April 24th will be given a GBX 14.80 ($0.19) dividend. This represents a dividend yield of 2%. This is an increase from Mortgage Advice Bureau’s previous dividend of $13.40. The ex-dividend date is Thursday, April 24th. Mortgage Advice Bureau’s payout ratio is presently 149.30%.

Analysts Set New Price Targets

Separately, Berenberg Bank started coverage on Mortgage Advice Bureau in a research note on Monday, February 24th. They issued a “buy” rating and a GBX 1,150 ($14.96) target price on the stock.

Mortgage Advice Bureau Company Profile

Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company offers proprietary technology and services, which includes adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.