United Utilities Group PLC (LON:UU) Insider Purchases £181.08 in Stock

United Utilities Group PLC (LON:UU) insider Louise Beardmore purchased 18 shares of the business’s stock in a transaction dated Tuesday, June 11th. The shares were purchased at an average price of GBX 1,006 ($12.81) per share, with a total value of £181.08 ($230.59).

United Utilities Group Trading Down 1.3 %

UU opened at GBX 1,036.50 ($13.20) on Friday. The business has a fifty day moving average price of GBX 1,039.17 and a 200 day moving average price of GBX 1,049.71. The company has a debt-to-equity ratio of 420.76, a current ratio of 1.80 and a quick ratio of 1.13. United Utilities Group PLC has a 12 month low of GBX 896.76 ($11.42) and a 12 month high of GBX 1,139.50 ($14.51). The stock has a market capitalization of £7.07 billion, a price-to-earnings ratio of 5,528.95, a PEG ratio of 138.87 and a beta of 0.39.

United Utilities Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, August 1st. Stockholders of record on Thursday, June 20th will be given a dividend of GBX 33.19 ($0.42) per share. The ex-dividend date of this dividend is Thursday, June 20th. This is an increase from United Utilities Group’s previous dividend of $16.59. This represents a dividend yield of 2.98%. United Utilities Group’s payout ratio is currently 26,315.79%.

Wall Street Analyst Weigh In

UU has been the topic of several recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of United Utilities Group in a research note on Tuesday, May 14th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,230 ($15.66) target price on shares of United Utilities Group in a report on Tuesday, May 21st.

United Utilities Group Company Profile

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.