United Utilities Group PLC (LON:UU) Insider Buys £177.08 in Stock

Posted by on Jul 13th, 2023

United Utilities Group PLC (LON:UU – Get Free Report) insider Louise Beardmore purchased 19 shares of the company’s stock in a transaction on Tuesday, July 11th. The stock was acquired at an average price of GBX 932 ($11.99) per share, with a total value of £177.08 ($227.81).

United Utilities Group Stock Performance

LON:UU opened at GBX 951.60 ($12.24) on Thursday. United Utilities Group PLC has a 12 month low of GBX 813.20 ($10.46) and a 12 month high of GBX 1,152.50 ($14.83). The company has a debt-to-equity ratio of 336.25, a current ratio of 1.20 and a quick ratio of 1.13. The firm has a market capitalization of £6.49 billion, a PE ratio of 3,224.83, a price-to-earnings-growth ratio of 138.87 and a beta of 0.46. The business’s fifty day moving average price is GBX 1,027.34 and its 200 day moving average price is GBX 1,041.47.

United Utilities Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, August 1st. Stockholders of record on Thursday, June 22nd will be issued a GBX 30.34 ($0.39) dividend. The ex-dividend date is Thursday, June 22nd. This represents a dividend yield of 2.99%. This is an increase from United Utilities Group’s previous dividend of $15.17. United Utilities Group’s dividend payout ratio is presently 15,862.07%.

Analysts Set New Price Targets

Separately, Morgan Stanley boosted their target price on United Utilities Group from GBX 1,040 ($13.38) to GBX 1,220 ($15.70) and gave the stock an “overweight” rating in a research note on Thursday, July 6th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, United Utilities Group presently has a consensus rating of “Hold” and a consensus price target of GBX 1,160 ($14.92).

United Utilities Group Company Profile

(Get Free Report)

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes.

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