Unite Group (LON:UTG) Insider Purchases £78,584.10 in Stock

Unite Group PLC (LON:UTG) insider Joe Lister acquired 11,389 shares of Unite Group stock in a transaction that occurred on Thursday, September 4th. The shares were purchased at an average cost of GBX 690 per share, with a total value of £78,584.10.

Unite Group Stock Performance

Shares of UTG stock opened at GBX 707.50 on Friday. The stock has a fifty day moving average price of GBX 762.66 and a 200 day moving average price of GBX 810.34. The stock has a market cap of £3.46 billion, a PE ratio of 1,016.52, a P/E/G ratio of 3.20 and a beta of 1.24. Unite Group PLC has a 1 year low of GBX 672.50 and a 1 year high of GBX 1,003. The company has a debt-to-equity ratio of 38.76, a quick ratio of 0.73 and a current ratio of 1.58.

Unite Group (LON:UTG) last issued its quarterly earnings data on Tuesday, July 29th. The company reported GBX 38 earnings per share (EPS) for the quarter. Unite Group had a return on equity of 6.45% and a net margin of 79.68%. Sell-side analysts forecast that Unite Group PLC will post 47.9341004 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Citigroup reaffirmed a “buy” rating and set a GBX 1,205 price objective on shares of Unite Group in a report on Friday, August 15th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 1,205.

About Unite Group

Unite Students is the UK’s largest owner, manager and developer of purpose-built student accommodation, serving the country’s world-leading Higher Education sector. We provide homes to 70,000 students across 157 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK.