Mortgage Advice Bureau (Holdings) plc (LON:MAB1) Insider Nathan James McLean Imlach Purchases 271 Shares of Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Nathan James McLean Imlach bought 271 shares of the firm’s stock in a transaction on Wednesday, April 30th. The stock was acquired at an average cost of GBX 804 ($10.68) per share, with a total value of £2,178.84 ($2,894.70).

Nathan James McLean Imlach also recently made the following trade(s):

• On Tuesday, March 4th, Nathan James McLean Imlach acquired 292 shares of Mortgage Advice Bureau stock. The shares were purchased at an average cost of GBX 745 ($9.90) per share, with a total value of £2,175.40 ($2,890.13).
• On Friday, January 31st, Nathan James McLean Imlach acquired 300 shares of Mortgage Advice Bureau stock. The shares were purchased at an average cost of GBX 730 ($9.70) per share, with a total value of £2,190 ($2,909.53).

Mortgage Advice Bureau Stock Performance

MAB1 opened at GBX 852 ($11.32) on Friday. Mortgage Advice Bureau has a 52-week low of GBX 528 ($7.01) and a 52-week high of GBX 984 ($13.07). The firm has a market capitalization of £493.79 million, a PE ratio of 45.43, a PEG ratio of 0.81 and a beta of 1.14. The business’s 50-day simple moving average is GBX 752.86 and its 200 day simple moving average is GBX 715.66.

Mortgage Advice Bureau (LON:MAB1) last released its earnings results on Tuesday, March 18th. The company reported GBX 27.60 ($0.37) earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a return on equity of 15.33% and a net margin of 4.41%. On average, research analysts forecast that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current year.

Mortgage Advice Bureau Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 27th. Investors of record on Thursday, April 24th will be issued a dividend of GBX 14.80 ($0.20) per share. This represents a yield of 2%. The ex-dividend date of this dividend is Thursday, April 24th. This is a positive change from Mortgage Advice Bureau’s previous dividend of $13.40. Mortgage Advice Bureau’s dividend payout ratio is presently 149.30%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank assumed coverage on Mortgage Advice Bureau in a research report on Monday, February 24th. They set a “buy” rating and a GBX 1,150 ($15.28) price objective for the company.

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.