Added to YB: 2026-04-16
Pitch date: 2026-04-14
UTG.L [neutral]
Unite Group PLC
+16.34%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Unite Group PLC is the UK's largest owner, manager and developer of purpose-built student accommodation (PBSA) serving the country's world-leading higher education sector.
Market Cap
GBP 2.7B
Pitch Price
GBP 4.48
Price Target
N/A
Dividend
7.19%
EV/EBITDA
17.81
P/E
26.33
EV/Sales
10.33
Sector
Residential REITs
Category
value
Buy Backs in the OB Universe - Unite Group PLC
UTG.L (overview): New 2026 buyback (12%+ shares/yr) funded by £500M property disposals (older, lower-yield assets like St Pancras Way). Mgmt betting stock > physical RE. Low leverage + fixed rates make equity reduction accretive. Buyback accelerating post-disposal program.
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