UNITE Group plc (LON:UTG) insider Ross Paterson purchased 3,211 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were purchased at an average price of GBX 682 ($9.05) per share, for a total transaction of £21,899.02 ($29,047.65).

Shares of UNITE Group plc (LON UTG) opened at 698.50 on Thursday. UNITE Group plc has a 12-month low of GBX 541.57 and a 12-month high of GBX 699.00. The company’s 50-day moving average is GBX 676.62 and its 200-day moving average is GBX 657.19. The stock’s market cap is GBX 1.57 billion.

The business also recently announced a dividend, which will be paid on Friday, November 3rd. Shareholders of record on Thursday, October 5th will be paid a dividend of GBX 7.30 ($0.10) per share. The ex-dividend date is Thursday, October 5th. This represents a yield of 1.06%.

TRADEMARK VIOLATION WARNING: “Ross Paterson Acquires 3,211 Shares of UNITE Group plc (UTG) Stock” was published by Watch List News and is the property of of Watch List News. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://www.watchlistnews.com/ross-paterson-acquires-3211-shares-of-unite-group-plc-utg-stock/1608776.html.

UTG has been the topic of a number of recent analyst reports. Numis Securities Ltd reiterated an “add” rating and set a GBX 776 ($10.29) price target on shares of UNITE Group plc in a research note on Tuesday, September 26th. Peel Hunt reissued an “add” rating and set a GBX 675 ($8.95) price objective on shares of UNITE Group plc in a report on Monday, July 10th. Liberum Capital reissued a “buy” rating and set a GBX 720 ($9.55) price objective on shares of UNITE Group plc in a report on Tuesday, September 26th. Finally, Jefferies Group LLC boosted their price objective on shares of UNITE Group plc from GBX 650 ($8.62) to GBX 695 ($9.22) and gave the stock a “hold” rating in a report on Thursday, July 27th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. UNITE Group plc has a consensus rating of “Buy” and an average price target of GBX 745.20 ($9.88).

About UNITE Group plc

The Unite Group plc is a United Kingdom-based developer and operator of student accommodation. The Company provides a home for over 50,000 students in approximately 140 properties in over 28 of England and Scotland’s University towns and cities. It operates through two segments: Operations and Property.

Receive News & Ratings for UNITE Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UNITE Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.