Joe Lister Sells 35,000 Shares of UNITE Group plc (UTG) Stock

UNITE Group plc (LON:UTG) insider Joe Lister sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 13th. The shares were sold at an average price of GBX 911 ($11.87), for a total value of £318,850 ($415,331.51).

Shares of LON UTG opened at GBX 907 ($11.81) on Friday. UNITE Group plc has a 1 year low of GBX 618 ($8.05) and a 1 year high of GBX 833 ($10.85).

The company also recently declared a dividend, which will be paid on Friday, November 2nd. Shareholders of record on Thursday, September 20th will be paid a dividend of GBX 9.50 ($0.12) per share. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, September 20th.

Several research firms recently commented on UTG. Numis Securities restated a “hold” rating on shares of UNITE Group in a research report on Monday, September 10th. Liberum Capital restated a “buy” rating and issued a GBX 950 ($12.37) target price on shares of UNITE Group in a research report on Monday, September 10th. Finally, Peel Hunt restated a “buy” rating on shares of UNITE Group in a research report on Monday, September 10th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 884.50 ($11.52).

UNITE Group Company Profile

Unite Students is the UK's largest manager and developer of purpose-built student accommodation serving the country's world-leading higher education sector. We currently provide homes for almost 50,000 students in more than 140 properties across 24 leading university towns and cities in England and Scotland.

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