United Utilities Group PLC (LON:UU) insider Steven Fraser sold 4,805 shares of the stock in a transaction on Monday, June 18th. The stock was sold at an average price of GBX 771 ($10.26), for a total value of £37,046.55 ($49,323.06).
United Utilities Group stock traded down GBX 5.20 ($0.07) during trading hours on Tuesday, hitting GBX 765.20 ($10.19). The stock had a trading volume of 449,018 shares, compared to its average volume of 2,840,000. United Utilities Group PLC has a one year low of GBX 648.60 ($8.64) and a one year high of GBX 1,078 ($14.35).
The business also recently disclosed a dividend, which will be paid on Friday, August 3rd. Investors of record on Thursday, June 21st will be issued a dividend of GBX 26.49 ($0.35) per share. The ex-dividend date of this dividend is Thursday, June 21st. This represents a yield of 3.34%. This is an increase from United Utilities Group’s previous dividend of $13.24.
UU has been the topic of several analyst reports. Deutsche Bank reissued a “buy” rating on shares of United Utilities Group in a report on Wednesday, May 16th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,000 ($13.31) target price on shares of United Utilities Group in a report on Friday, March 9th. Morgan Stanley reduced their target price on United Utilities Group from GBX 840 ($11.18) to GBX 735 ($9.79) and set an “underweight” rating on the stock in a report on Tuesday, March 6th. Finally, Credit Suisse Group raised United Utilities Group to an “outperform” rating and reduced their target price for the stock from GBX 850 ($11.32) to GBX 820 ($10.92) in a report on Friday, May 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 901.78 ($12.01).
United Utilities Group Company Profile
United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in renewable energy generation, corporate trustee, and property management activities; and the provision of consulting and project management services. The company operates 43,000 kilometers (km) of pipes; 77,000 km of sewerage pipes; 567 wastewater treatment works; and 91 water treatment works.
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