Steven L. Mogford Sells 217,500 Shares of United Utilities Group PLC (UU) Stock

United Utilities Group PLC (LON:UU) insider Steven L. Mogford sold 217,500 shares of the stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of GBX 801 ($10.71), for a total transaction of £1,742,175 ($2,329,422.38).

United Utilities Group PLC (LON:UU) traded up GBX 18 ($0.24) during trading on Friday, reaching GBX 817.80 ($10.93). 2,580,214 shares of the company’s stock traded hands, compared to its average volume of 2,150,000. The firm has a market cap of $5,560.00 and a price-to-earnings ratio of 1,298.10. United Utilities Group PLC has a 1 year low of GBX 764.50 ($10.22) and a 1 year high of GBX 1,078 ($14.41).

The business also recently disclosed a dividend, which will be paid on Thursday, February 1st. Shareholders of record on Thursday, December 21st will be paid a GBX 13.24 ($0.18) dividend. The ex-dividend date of this dividend is Thursday, December 21st. This represents a yield of 1.68%.

UU has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,070 ($14.31) price target on shares of United Utilities Group in a report on Thursday, October 26th. Credit Suisse Group restated an “underperform” rating and set a GBX 850 ($11.37) price target on shares of United Utilities Group in a report on Thursday, November 2nd. Deutsche Bank restated a “hold” rating and set a GBX 930 ($12.43) price target on shares of United Utilities Group in a report on Tuesday, November 7th. Barclays restated an “equal weight” rating on shares of United Utilities Group in a report on Tuesday, November 14th. Finally, HSBC lowered shares of United Utilities Group to a “hold” rating and cut their price target for the company from GBX 1,000 ($13.37) to GBX 900 ($12.03) in a report on Friday, November 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 943.67 ($12.62).

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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.

Insider Buying and Selling by Quarter for United Utilities Group (LON:UU)

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