United Utilities Group (UU) Trading Down 0%

United Utilities Group PLC (LON:UU)’s share price dropped 0% during mid-day trading on Tuesday . The company traded as low as GBX 663.40 ($9.17) and last traded at GBX 663.60 ($9.17). Approximately 2,934,360 shares were traded during trading, an increase of 13% from the average daily volume of 2,600,000 shares. The stock had previously closed at GBX 663.60 ($9.17).

UU has been the subject of a number of analyst reports. Credit Suisse Group reiterated an “underperform” rating and set a GBX 850 ($11.74) price target on shares of United Utilities Group in a research note on Thursday, November 2nd. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,070 ($14.78) target price on shares of United Utilities Group in a research report on Thursday, October 26th. HSBC cut shares of United Utilities Group to a “hold” rating and dropped their target price for the stock from GBX 1,000 ($13.82) to GBX 900 ($12.43) in a research report on Friday, November 17th. Deutsche Bank reissued a “hold” rating and set a GBX 930 ($12.85) target price on shares of United Utilities Group in a research report on Tuesday, November 7th. Finally, Goldman Sachs Group reissued a “neutral” rating and set a GBX 778 ($10.75) target price on shares of United Utilities Group in a research report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 927.10 ($12.81).

The stock has a market capitalization of $4,530.00 and a price-to-earnings ratio of 1,053.33.

The business also recently declared a dividend, which was paid on Thursday, February 1st. Investors of record on Thursday, December 21st were issued a GBX 13.24 ($0.18) dividend. The ex-dividend date of this dividend was Thursday, December 21st. This represents a dividend yield of 1.68%.

In related news, insider Paulette Rowe purchased 3,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The shares were bought at an average price of GBX 770 ($10.64) per share, with a total value of £23,100 ($31,914.89). Also, insider Steven L. Mogford sold 217,500 shares of United Utilities Group stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of GBX 801 ($11.07), for a total transaction of £1,742,175 ($2,406,983.97). Insiders sold a total of 226,743 shares of company stock worth $181,743,930 in the last ninety days.

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United Utilities Group Company Profile

United Utilities Group PLC is a water company. The Company, through its subsidiary, United Utilities Water Limited (United Utilities Water), manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. It owns over 55,000 hectares of land around its reservoirs.

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