United Utilities Group PLC (LON:UU) shares hit a new 52-week low during trading on Monday . The stock traded as low as GBX 684.80 ($9.46) and last traded at GBX 684.80 ($9.46), with a volume of 2680000 shares. The stock had previously closed at GBX 693.40 ($9.58).

UU has been the subject of several analyst reports. HSBC downgraded United Utilities Group to a “hold” rating and cut their target price for the stock from GBX 1,000 ($13.82) to GBX 900 ($12.43) in a research note on Friday, November 17th. Credit Suisse Group restated an “underperform” rating and issued a GBX 850 ($11.74) target price on shares of United Utilities Group in a research note on Thursday, November 2nd. Deutsche Bank restated a “hold” rating and issued a GBX 930 ($12.85) target price on shares of United Utilities Group in a research note on Tuesday, November 7th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,070 ($14.78) target price on shares of United Utilities Group in a research note on Thursday, October 26th. Finally, Goldman Sachs Group restated a “neutral” rating and issued a GBX 778 ($10.75) target price on shares of United Utilities Group in a research note on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 927.10 ($12.81).

The stock has a market cap of $4,530.00 and a price-to-earnings ratio of 1,053.33.

The firm also recently declared a dividend, which was paid on Thursday, February 1st. Shareholders of record on Thursday, December 21st were issued a GBX 13.24 ($0.18) dividend. The ex-dividend date of this dividend was Thursday, December 21st. This represents a dividend yield of 1.68%.

In other news, insider Paulette Rowe acquired 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The shares were bought at an average cost of GBX 770 ($10.64) per share, with a total value of £23,100 ($31,914.89). Also, insider Steven L. Mogford sold 217,500 shares of the firm’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of GBX 801 ($11.07), for a total value of £1,742,175 ($2,406,983.97). In the last ninety days, insiders sold 226,743 shares of company stock worth $181,743,930.

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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.

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