United Utilities Group (LON:UU) Stock Price Up 0.6% – Still a Buy?

United Utilities Group PLC (LON:UU)’s share price traded up 0.6% on Thursday . The company traded as high as GBX 1,126.50 ($14.36) and last traded at GBX 1,120.50 ($14.28). 983,160 shares changed hands during mid-day trading, an increase of 200% from the average session volume of 328,047 shares. The stock had previously closed at GBX 1,114 ($14.20).

United Utilities Group Price Performance

The firm has a market cap of £7.44 billion, a P/E ratio of 5,942.11, a P/E/G ratio of 0.69 and a beta of 0.41. The company has a fifty day moving average of GBX 1,066.69 and a 200-day moving average of GBX 1,038.74. The company has a debt-to-equity ratio of 486.43, a current ratio of 1.60 and a quick ratio of 1.13.

United Utilities Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, January 13th. Stockholders of record on Thursday, November 28th will be issued a GBX 17.28 ($0.22) dividend. This represents a dividend yield of 1.65%. The ex-dividend date of this dividend is Thursday, November 28th. United Utilities Group’s dividend payout ratio is presently 26,315.79%.

Insiders Place Their Bets

In other news, insider Louise Beardmore sold 8,471 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of GBX 1,058 ($13.49), for a total transaction of £89,623.18 ($114,256.99). Over the last quarter, insiders have acquired 52 shares of company stock valued at $54,799. Insiders own 0.05% of the company’s stock.

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.