United Utilities Group PLC (LON:UU) Insider Sells £561,809.73 in Stock

United Utilities Group PLC (LON:UUGet Rating) insider Steven L. Mogford sold 53,659 shares of the business’s stock in a transaction that occurred on Friday, June 17th. The stock was sold at an average price of GBX 1,047 ($12.82), for a total value of £561,809.73 ($688,154.99).

Shares of UU stock opened at GBX 981 ($12.02) on Friday. United Utilities Group PLC has a 1 year low of GBX 922 ($11.29) and a 1 year high of GBX 1,186.88 ($14.54). The stock has a market cap of £6.69 billion and a P/E ratio of -122.53. The company has a current ratio of 0.89, a quick ratio of 0.78 and a debt-to-equity ratio of 269.83. The stock has a 50 day simple moving average of GBX 1,091.88 and a 200 day simple moving average of GBX 1,084.68.

The company also recently disclosed a dividend, which will be paid on Monday, August 1st. Shareholders of record on Thursday, June 23rd will be given a dividend of GBX 29 ($0.36) per share. This is an increase from United Utilities Group’s previous dividend of $14.50. This represents a yield of 2.61%. The ex-dividend date is Thursday, June 23rd. United Utilities Group’s payout ratio is currently -518.07%.

Several brokerages recently issued reports on UU. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 1,160 ($14.21) price target on shares of United Utilities Group in a research note on Friday, May 27th. Morgan Stanley reiterated an “underweight” rating on shares of United Utilities Group in a research note on Wednesday, May 11th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 1,100 ($13.47) price target on shares of United Utilities Group in a research note on Tuesday, May 3rd.

About United Utilities Group (Get Rating)

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in renewable energy generation, corporate trustee, financing, and property management activities; and the provision of waste treatment, consulting, and project management services. The company operates 42,000 kilometers of water pipes; 78,000 km of wastewater pipes; 567 wastewater treatment works; and 88 water treatment works.

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