Michael Burt Buys 10,000 Shares of Unite Group (LON:UTG) Stock

Unite Group PLC (LON:UTG - Get Free Report) insider Michael Burt acquired 10,000 shares of Unite Group stock in a transaction that occurred on Friday, December 5th. The stock was acquired at an average cost of GBX 522 per share, for a total transaction of £52,200.Unite Group Trading Down 1.8%LON:UTG traded down GBX 9.39 during trading hours on Monday, hitting GBX 515.58. 806,632 shares of the company were exchanged, compared to its average volume of 3,481,047. The stock has a market capitalization of £2.53 billion, a price-to-earnings ratio of 7.41, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24. Unite Group PLC has a one year low of GBX 494.10 and a one year high of GBX 885.61. The company has a fifty day simple moving average of GBX 583.61 and a 200 day simple moving average of GBX 708.99. The company has a current ratio of 1.58, a quick ratio of 0.73 and a debt-to-equity ratio of 38.76. Analyst Upgrades and DowngradesA number of equities analysts recently commented on the company. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 855 price objective on shares of Unite Group in a research note on Friday, November 28th. Citigroup restated a "buy" rating and set a GBX 1,205 price target on shares of Unite Group in a report on Friday, August 15th. Finally, Panmure Gordon reaffirmed a "hold" rating and issued a GBX 675 price objective on shares of Unite Group in a research note on Tuesday, November 25th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Unite Group has a consensus rating of "Moderate Buy" and an average target price of GBX 911.67.Read Our Latest Analysis on UTGAbout Unite Group (Get Free Report)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.Featured StoriesFive stocks we like better than Unite GroupThe Risks of Owning BondsAI Is Powering Guidewire Software’s Growth—So What Spooked the Market?What is a SEC Filing?These 3 Little-Known Stocks Are Analyst FavoritesWhat is the S&P 500 and How It is Distinct from Other IndexesBroadcom’s Biggest Test Yet: Will Q4 Earnings Spark Another Rally?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Unite Group Right Now?Before you consider Unite Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Unite Group wasn't on the list.While Unite Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here