Mortgage Advice Bureau (Holdings) plc (LON:MAB1) Insider Acquires £464.75 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) insider Ben Thompson bought 55 shares of the company's stock in a transaction dated Tuesday, May 27th. The stock was bought at an average cost of GBX 845 ($11.45) per share, with a total value of £464.75 ($629.57).

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

• On Wednesday, May 14th, Ben Thompson acquired 18 shares of Mortgage Advice Bureau stock. The shares were purchased at an average cost of GBX 826 ($11.19) per share, for a total transaction of £148.68 ($201.41).
• On Friday, March 14th, Ben Thompson acquired 20 shares of Mortgage Advice Bureau stock. The shares were purchased at an average price of GBX 760 ($10.30) per share, for a total transaction of £152 ($205.91).

Mortgage Advice Bureau Trading Down 0.7%

LON:MAB1 traded down GBX 6 ($0.08) during mid-day trading on Tuesday, hitting GBX 812 ($11.00). 78,084 shares of the company's stock were exchanged, compared to its average volume of 117,418. The firm has a market capitalization of £470.61 million, a P/E ratio of 43.30, a PEG ratio of 0.81 and a beta of 1.14. The company has a 50 day simple moving average of GBX 791.76 and a 200-day simple moving average of GBX 732.80. Mortgage Advice Bureau has a fifty-two week low of GBX 528 ($7.15) and a fifty-two week high of GBX 984 ($13.33).

Mortgage Advice Bureau (LON:MAB1 - Get Free Report) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 27.60 ($0.37) 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, analysts expect that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current year.

Mortgage Advice Bureau Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Thursday, April 24th were given a GBX 14.80 ($0.20) dividend. The ex-dividend date of this dividend was Thursday, April 24th. This represents a dividend yield of 2%. This is an increase from Mortgage Advice Bureau's previous dividend of $13.40. Mortgage Advice Bureau's payout ratio is 149.30%.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 1,150 ($15.58) price target on shares of Mortgage Advice Bureau in a research note on Wednesday, May 21st.

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.