Numis Securities reaffirmed their hold rating on shares of UNITE Group (LON:UTG) in a research report sent to investors on Monday, Digital Look reports. Numis Securities currently has a GBX 950 ($12.41) target price on the stock.

Other equities research analysts have also issued reports about the company. Peel Hunt reaffirmed a buy rating on shares of UNITE Group in a research report on Wednesday, February 27th. Liberum Capital reaffirmed a hold rating and issued a GBX 950 ($12.41) target price on shares of UNITE Group in a research report on Monday, April 8th.

Shares of LON UTG opened at GBX 945 ($12.35) on Monday. UNITE Group has a 1-year low of GBX 793 ($10.36) and a 1-year high of GBX 964.50 ($12.60). The company has a current ratio of 1.50, a quick ratio of 1.34 and a debt-to-equity ratio of 28.24. The firm has a market capitalization of $2.49 billion and a price-to-earnings ratio of 10.43.

The business also recently announced a dividend, which was paid on Friday, May 17th. Shareholders of record on Thursday, April 11th were given a GBX 19.50 ($0.25) dividend. The ex-dividend date was Thursday, April 11th. This is a positive change from UNITE Group’s previous dividend of $9.50. This represents a yield of 2.11%. UNITE Group’s dividend payout ratio (DPR) is currently 0.32%.

About UNITE Group

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 circa 130 properties across 22 leading university towns and cities in England and Scotland.

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