Stake Disclosure: Long Pond Capital, LP disclosed a holding of 18,679,189 shares in Unite Group plc, representing approximately 3.81%, indicating a significant investment interest in the company.
Trading Details: In recent transactions, Long Pond Capital increased its long positions in 25p ordinary shares, with trades including 14,603 and 176,983 shares at prices ranging from £5.30 to £5.33, reflecting expectations of future price appreciation.
Regulatory Compliance: The disclosure was made in accordance with Rule 8.3 of the Takeover Code, ensuring transparency in its shareholding and compliance with market regulations.
Market Impact: This disclosure may influence market perceptions of Unite Group, prompting investors to reassess the company's value and future potential.
UTG
$36.99+Infinity%1D
Analyst Views on UTG
Wall Street analysts forecast UTG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UTG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast UTG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UTG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 37.030
Low
Averages
High
Current: 37.030
Low
Averages
High
Morgan Stanley
Overweight -> NULL
downgrade
2025-12-04
Reason
Morgan Stanley
Price Target
2025-12-04
downgrade
Overweight -> NULL
Reason
Morgan Stanley lowered the firm's price target on Unite Group to 700 GBp from 960 GBp and keeps an Overweight rating on the shares.
About UTG
Reaves Utility Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of after-tax income and total return consisting primarily of tax-advantaged dividend income and capital appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in dividend-paying common and preferred stocks of companies in the utility industry. The Fund pursues its investment objective by investing at least 80% of its total assets in the securities of domestic and foreign companies involved to a significant extent in providing products, services or equipment for the generation or distribution of electricity, gas or water; telecommunications activities, and infrastructure operations, such as airports, toll roads and municipal services. The Fund may invest in preferred stocks and bonds of below investment grade quality (junk bonds). The Fund's investment adviser is W.H. Reaves & Co. Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
