Insider Buying: United Utilities Group (LON:UU) Insider Acquires £175.50 in Stock

United Utilities Group PLC (LON:UU) insider Phil Aspin purchased 13 shares of the company’s stock in a transaction dated Monday, July 13th. The stock was purchased at an average price of GBX 1,350 per share, with a total value of £175.50.

Phil Aspin also recently made the following trade(s):

• On Tuesday, June 30th, Phil Aspin sold 24,566 shares of United Utilities Group stock. The shares were sold at an average price of GBX 1,306, for a total value of £320,831.96.
• On Monday, May 11th, Phil Aspin bought 12 shares of United Utilities Group stock. The stock was purchased at an average price of GBX 1,389 per share, with a total value of £166.68.

United Utilities Group Trading Down 0.9%

Shares of UU stock opened at GBX 1,351 on Friday. The company’s 50 day moving average price is GBX 1,330.45 and its 200-day moving average price is GBX 1,313.24. The firm has a market capitalization of £9.25 billion, a price-to-earnings ratio of 72.92, a price-to-earnings-growth ratio of 0.69 and a beta of 0.58. The company has a quick ratio of 1.13, a current ratio of 2.55 and a debt-to-equity ratio of 512.65.

United Utilities Group (LON:UU) last issued its quarterly earnings data on Thursday, April 30th. The company reported GBX 107.10 earnings per share (EPS) for the quarter. United Utilities Group had a net margin of 22.43% and a return on equity of 27.72%. The business had revenue of GBX 261.63 billion during the quarter. On average, sell-side analysts predict that United Utilities Group PLC will post 50.9730539 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on UU shares. JPMorgan Chase & Co. raised their price target on shares of United Utilities Group from GBX 1,300 to GBX 1,450 and gave the company a “neutral” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada raised United Utilities Group to a “sector perform” rating and raised their target price for the stock from GBX 1,450 to GBX 1,550 in a research report on Tuesday, May 5th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,320 target price on shares of United Utilities Group in a report on Thursday, April 30th. Finally, Citigroup reduced their price target on United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating on the stock in a research report on Tuesday, June 16th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, United Utilities Group presently has a consensus rating of “Hold” and a consensus target price of GBX 1,431.43.

About United Utilities Group

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. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.