United Co.s (TSE:UNC) Insider United Corporations Limited Purchases 1,000 Shares of Stock

United Co.s Limited (TSE:UNC) insider United Corporations Limited purchased 1,000 shares of the firm’s stock in a transaction on Friday, April 10th. The shares were purchased at an average cost of C$14.23 per share, with a total value of C$14,230.00. Following the completion of the transaction, the insider owned 4,300 shares of the company’s stock, valued at approximately C$61,189. The trade was a 30.30% increase in their position.

United Corporations Limited also recently made the following trade(s):

• On Wednesday, April 1st, United Corporations Limited purchased 800 shares of United Co.s stock. The shares were purchased at an average cost of C$13.49 per share, with a total value of C$10,792.00.
• On Thursday, April 2nd, United Corporations Limited acquired 900 shares of United Co.s stock. The stock was bought at an average cost of C$13.70 per share, with a total value of C$12,330.00.
• On Monday, April 6th, United Corporations Limited acquired 200 shares of United Co.s stock. The stock was bought at an average cost of C$13.70 per share, with a total value of C$2,740.00.
• On Tuesday, April 7th, United Corporations Limited acquired 300 shares of United Co.s stock. The stock was bought at an average cost of C$13.72 per share, with a total value of C$4,116.00.
• On Wednesday, April 8th, United Corporations Limited acquired 1,000 shares of United Co.s stock. The stock was bought at an average cost of C$13.95 per share, with a total value of C$13,950.00.
• On Thursday, April 9th, United Corporations Limited acquired 500 shares of United Co.s stock. The stock was bought at an average cost of C$13.85 per share, with a total value of C$6,925.00.
• On Monday, April 13th, United Corporations Limited acquired 1,300 shares of United Co.s stock. The stock was bought at an average cost of C$14.30 per share, with a total value of C$18,590.00.
• On Wednesday, April 15th, United Corporations Limited acquired 300 shares of United Co.s stock. The stock was bought at an average cost of C$14.50 per share, with a total value of C$4,350.00.
• On Thursday, April 16th, United Corporations Limited acquired 1,300 shares of United Co.s stock. The stock was bought at an average cost of C$14.67 per share, with a total value of C$19,071.00.
• On Friday, April 17th, United Corporations Limited acquired 900 shares of United Co.s stock. The stock was bought at an average cost of C$14.81 per share, with a total value of C$13,329.00.

United Co.s Trading Down 0.1%

Shares of TSE:UNC opened at C$14.43 on Tuesday. United Co.s Limited has a twelve month low of C$12.50 and a twelve month high of C$16.37. The company’s 50 day moving average is C$14.05 and its 200 day moving average is C$14.52. The company has a market cap of C$1.62 billion, a PE ratio of 4.65 and a beta of 0.69.

United Co.s (TSE:UNC) last issued its quarterly earnings results on Friday, May 8th. The company reported C$0.05 earnings per share for the quarter. United Co.s had a net margin of 305.92% and a return on equity of 18.51%. The company had revenue of C($53.50) million for the quarter.

Key Stories Impacting United Co.s

Here are the key news stories impacting United Co.s this week:

• Positive Sentiment: United Corporations Limited disclosed a long series of share purchases in United Co.s Limited, including repeated buys on April 1 through April 30, signaling management/insider confidence in the stock’s valuation and future prospects.
• Positive Sentiment: The most recent disclosed purchase on April 30 added to the insider’s position at C$14.11 per share, reinforcing the view that insiders were willing to keep buying even after the stock had already moved above earlier purchase levels.
• Neutral Sentiment: United Co.s previously reported quarterly EPS of C$0.05, with strong profitability metrics and a low P/E ratio, which may also be supporting investor sentiment but is not new today.

About United Co.s

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Short-term volatility is expected and tolerated. Management remains confident that the Companys investment strategy will reward shareholders over the long-term.The investment portfolio of the Company comprises primarily foreign equities. Net equity value and net investment income may vary significantly from period to period depending on the economic environment and market conditions.