United Utilities Group (UU.)

Sector:

Utilities

Index:

FTSE 100

1,022.50p
   
  • Change Today:
    -20.00p
  • 52 Week High: 1,125.00p
  • 52 Week Low: 958.80p
  • Currency: UK Pounds
  • Shares Issued: 681.89m
  • Volume: 2,070,450
  • Market Cap: £6,972m
  • RiskGrade: 118

Sector movers: Utilities and homebuilders pace gains

By Alexander Bueso

Date: Wednesday 02 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Utilities paced gains in the middle of the week on the back of a sharp drop in yields on longer-term Gilts.






Thus, alongside big gains for the likes of National Grid, Severn Trent and United Utilities, the yield on the 10-year Gilt was to be seen seven basis points lower at 0.23%.

Contributing to the decline in yields were comments from Monetary Policy Committee members Dave Ramsden and Gertjan Vlieghe who, according to Josh Mahony at IG, highlighted "the growing fear that the pandemic recovery will be more drawn out than previously speculated."

Mahony continued, saying: "With the government increasingly fearful of the impact the current work-from-home economy could have upon businesses in the UK, there is a growing fear that activity could be dented for the long-term despite fears that the worst is behind us."

Brexit was also high on the agenda in the background, amid reports of a lack of any breakthrough yet in talks between Brussels and London.

Other defensive sectors such as Beverage makers were also ahead.

But there were also strength in cyclicals, especially among homebuilders, after mortgage lender Nationwide reported a rise in UK house prices during August to reach an all-time high.

Thanks in part to pent-up demand following Covid-19 restrictions, prices rose 2% (consensus: 0.5%) on the month to £224,123, following a 1.8% increase in July.

It marked the biggest monthly jump in prices since February 2004.

Top performing sectors so far today

Gas, Water & Multiutilities 4,807.73 +3.91%

Beverages 20,048.54 +3.53%

Household Goods & Home Construction 17,788.58 +3.21%

Technology Hardware & Equipment 2,303.06 +3.18%

Health Care Equipment & Services 6,559.23 +2.52%

Bottom performing sectors so far today

Oil Equipment, Services & Distribution 4,492.54 -1.58%

Automobiles & Parts 2,647.19 -0.97%

Oil & Gas Producers 4,004.58 -0.89%

Mining 18,504.44 -0.46%

Life Insurance 6,138.14 -0.42%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

United Utilities Market Data

Currency UK Pounds
Share Price 1,022.50p
Change Today -20.00p
% Change -1.92 %
52 Week High 1,125.00p
52 Week Low 958.80p
Volume 2,070,450
Shares Issued 681.89m
Market Cap £6,972m
RiskGrade 118

United Utilities Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.48% below the market average69.48% below the market average69.48% below the market average69.48% below the market average69.48% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Price Trend
3.65% below the market average3.65% below the market average3.65% below the market average3.65% below the market average3.65% below the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Income
0.13% above the market average0.13% above the market average0.13% above the market average0.13% above the market average0.13% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
82.45% below the market average82.45% below the market average82.45% below the market average82.45% below the market average82.45% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 8
Sell 1
Strong Sell 0
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

United Utilities Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Jun-24 21-Dec-23
Paid 01-Aug-24 01-Feb-24
Amount 33.19p 16.59p

Trades for 31-Oct-2024

Time Volume / Share Price
16:39 8,703 @ 1,022.50p
16:39 1,123 @ 1,022.50p
16:39 1,053 @ 1,022.50p
16:35 1,820 @ 1,022.50p
16:35 1,153 @ 1,022.50p

United Utilities Key Personnel

Chair David Higgins
CFO Phil Aspin
CEO Louise Beardmore

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