United Utilities Group PLC (OTCMKTS:UUGRY – Get Rating) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 3,300 shares, a decrease of 28.3% from the February 13th total of 4,600 shares. Based on an average daily trading volume, of 9,900 shares, the short-interest ratio is presently 0.3 days.
Analyst Upgrades and Downgrades
UUGRY has been the topic of a number of research reports. Credit Suisse Group upped their target price on United Utilities Group from GBX 980 ($11.78) to GBX 990 ($11.90) in a research report on Wednesday, November 30th. JPMorgan Chase & Co. lowered United Utilities Group from an "overweight" rating to a "neutral" rating in a research report on Tuesday, December 6th. Finally, Morgan Stanley upped their target price on United Utilities Group from GBX 990 ($11.90) to GBX 1,010 ($12.15) in a research report on Friday, December 2nd.
Get United Utilities Group alerts:United Utilities Group Price Performance
OTCMKTS UUGRY opened at $24.74 on Friday. The business has a fifty day simple moving average of $25.37 and a 200 day simple moving average of $23.89. United Utilities Group has a 12 month low of $18.26 and a 12 month high of $30.72.
United Utilities Group Cuts Dividend
The business also recently declared a dividend, which was paid on Wednesday, February 8th. Investors of record on Friday, December 23rd were given a $0.335 dividend. This represents a yield of 3.95%. The ex-dividend date was Thursday, December 22nd.
About United Utilities Group
(Get Rating)
United Utilities Group Plc engages in the provision of water and wastewater services. It manages large areas of catchment land in a sustainable way and rely on watercourses where return wastewater safely and cleanly to the environment, and process bio resources from wastewater to generate renewable energy.
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