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

United Utilities Group PLC (LON:UU) insider Phil Aspin sold 24,566 shares of the stock in a transaction dated 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, with a total value of £166.68.

United Utilities Group Trading Down 0.5%

LON:UU traded down GBX 7 on Wednesday, hitting GBX 1,309. 2,404,392 shares of the company’s stock traded hands, compared to its average volume of 328,047. The firm’s 50-day simple moving average is GBX 1,335.31 and its 200-day simple moving average is GBX 1,299.43. The company has a debt-to-equity ratio of 512.65, a quick ratio of 1.13 and a current ratio of 2.55. The firm has a market capitalization of £8.97 billion, a P/E ratio of 70.66, a PEG ratio of 0.69 and a beta of 0.58.

United Utilities Group (LON:UU) last posted its quarterly earnings data on Thursday, April 30th. The company reported GBX 107.10 earnings per share (EPS) for the quarter. The firm had revenue of GBX 261.63 billion for the quarter. United Utilities Group had a return on equity of 27.72% and a net margin of 22.43%. On average, research analysts forecast that United Utilities Group PLC will post 50.9730539 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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