Phil Aspin Sells 24,566 Shares of United Utilities Group (LON:UU) Stock

United Utilities Group PLC (LON:UU) insider Phil Aspin sold 24,566 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of GBX 1,306, for a total value of £320,831.96.

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

• On Monday, May 11th, Phil Aspin purchased 12 shares of United Utilities Group stock. The stock was acquired at an average cost of GBX 1,389 per share, for a total transaction of £166.68.

United Utilities Group Stock Performance

United Utilities Group stock traded down GBX 7 during midday trading on Wednesday, reaching GBX 1,309. The stock had a trading volume of 2,404,392 shares, compared to its average volume of 328,047. The stock has a market capitalization of £8.97 billion, a PE ratio of 70.66, a PEG ratio of 0.69 and a beta of 0.58. The company has a debt-to-equity ratio of 512.65, a current ratio of 2.55 and a quick ratio of 1.13. The firm has a fifty day moving average price of GBX 1,335.31 and a 200-day moving average price of GBX 1,299.43.

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

Analyst Ratings Changes

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