Unite Group PLC (LON:UTG) Insider Purchases £99,504.12 in Stock

Unite Group PLC (LON:UTG) insider Michael Burt bought 11,874 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were acquired at an average cost of GBX 838 ($10.56) per share, for a total transaction of £99,504.12 ($125,399.02).

Unite Group Trading Up 0.7 %

LON:UTG opened at GBX 857 ($10.80) on Friday. The company has a market capitalization of £4.19 billion, a PE ratio of 1,404.92, a P/E/G ratio of 3.20 and a beta of 1.24. Unite Group PLC has a 52-week low of GBX 834 ($10.51) and a 52-week high of GBX 1,069 ($13.47). The stock’s 50 day moving average price is GBX 920.12 and its 200 day moving average price is GBX 923.74. The company has a quick ratio of 0.73, a current ratio of 1.58 and a debt-to-equity ratio of 38.52.

Analyst Upgrades and Downgrades

UTG has been the topic of several recent analyst reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 1,052 ($13.26) price target on shares of Unite Group in a research note on Thursday, August 22nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 1,100 ($13.86) target price on shares of Unite Group in a research report on Thursday, July 25th.

Unite Group Company Profile

Unite Group PLC, owns, manages, and develops purpose-built student accommodation facilities for the higher education sector in the United Kingdom. The company operates through Operations and Property segments. It manages rental properties, as well as offers asset management services. The company was founded in 1991 and is headquartered in Bristol, England.