Insider Selling: United Utilities Group PLC (LON:UU) Insider Sells 4,197 Shares of Stock

United Utilities Group PLC (LON:UU) insider Louise Beardmore sold 4,197 shares of the stock in a transaction dated Tuesday, June 18th. The shares were sold at an average price of GBX 1,017 ($12.92), for a total transaction of £42,683.49 ($54,235.69).

Louise Beardmore also recently made the following trade(s):

• On Tuesday, June 11th, Louise Beardmore acquired 18 shares of United Utilities Group stock. The shares were purchased at an average cost of GBX 1,006 ($12.78) per share, for a total transaction of £181.08 ($230.09).

United Utilities Group Stock Performance

Shares of LON UU opened at GBX 1,010 ($12.83) on Thursday. The firm’s 50-day moving average price is GBX 1,039.61 and its 200-day moving average price is GBX 1,047.01. The company has a quick ratio of 1.13, a current ratio of 1.80 and a debt-to-equity ratio of 420.76. The company has a market cap of £6.89 billion, a PE ratio of 5,339.47, a PEG ratio of 138.87 and a beta of 0.39. United Utilities Group PLC has a 52-week low of GBX 896.76 ($11.39) and a 52-week high of GBX 1,139.50 ($14.48).

United Utilities Group Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, August 1st. Stockholders of record on Thursday, June 20th will be issued a dividend of GBX 33.19 ($0.42) per share. This represents a dividend yield of 2.98%. 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. United Utilities Group’s dividend payout ratio (DPR) is presently 26,315.79%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on UU shares. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,230 ($15.63) price objective on shares of United Utilities Group in a research report on Tuesday, May 21st. Morgan Stanley reissued an “overweight” rating on shares of United Utilities Group in a research report on Tuesday, May 14th.

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.