Rothschild Investment LLC Has $43,000 Position in National Grid plc (NYSE:NGG)

Rothschild Investment LLC boosted its holdings in National Grid plc (NYSE:NGG) by 36.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 723 shares of the utilities provider’s stock after purchasing an additional 192 shares during the quarter. Rothschild Investment LLC’s holdings in National Grid were worth $43,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC bought a new position in National Grid during the 3rd quarter valued at $37,000. Eastern Bank lifted its stake in National Grid by 52.7% during the 4th quarter. Eastern Bank now owns 927 shares of the utilities provider’s stock valued at $55,000 after acquiring an additional 320 shares in the last quarter. Quantbot Technologies LP bought a new position in National Grid during the 3rd quarter valued at $60,000. IFP Advisors Inc lifted its stake in National Grid by 20.0% during the 4th quarter. IFP Advisors Inc now owns 1,043 shares of the utilities provider’s stock valued at $62,000 after acquiring an additional 174 shares in the last quarter. Finally, Addison Advisors LLC lifted its stake in National Grid by 267.9% during the 3rd quarter. Addison Advisors LLC now owns 986 shares of the utilities provider’s stock valued at $69,000 after acquiring an additional 718 shares in the last quarter. Institutional investors and hedge funds own 4.68% of the company’s stock.

Wall Street Analysts Forecast Growth

NGG has been the topic of several recent analyst reports. Citigroup upgraded National Grid from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 21st. StockNews.com upgraded National Grid from a “sell” rating to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, National Grid currently has a consensus rating of “Moderate Buy”.

National Grid Stock Down 0.2 %

NYSE NGG opened at $62.60 on Thursday. National Grid plc has a one year low of $55.13 and a one year high of $73.40. The company has a current ratio of 1.61, a quick ratio of 1.54 and a debt-to-equity ratio of 1.18. The business’s fifty day moving average is $60.04 and its 200-day moving average is $63.55.

National Grid Company Profile

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.