Shares of National Grid PLC (NYSE:NGG) have earned a consensus rating of “Hold” from the twelve analysts that are presently covering the company. Two investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have issued a buy recommendation on the company.

A number of research analysts recently weighed in on the stock. Beaufort Securities reissued a “buy” rating on shares of National Grid PLC in a research report on Sunday, August 21st. Royal Bank Of Canada lowered shares of National Grid PLC from an “outperform” rating to a “sector perform” rating in a research report on Friday, July 29th. Barclays PLC reaffirmed an “overweight” rating on shares of National Grid PLC in a research report on Sunday, August 21st. Sanford C. Bernstein lowered shares of National Grid PLC from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 7th. Finally, Citigroup Inc. reaffirmed a “neutral” rating on shares of National Grid PLC in a research report on Wednesday, August 3rd.

Shares of National Grid PLC (NYSE:NGG) traded up 1.10% during mid-day trading on Friday, hitting $57.99. 303,922 shares of the stock were exchanged. National Grid PLC has a 52 week low of $57.29 and a 52 week high of $74.97. The stock has a market capitalization of $43.64 billion, a price-to-earnings ratio of 17.16 and a beta of 0.50. The stock’s 50-day moving average is $63.06 and its 200-day moving average is $69.57.

The firm also recently announced a dividend, which will be paid on Wednesday, January 11th. Stockholders of record on Friday, November 25th will be paid a $0.933 dividend. The ex-dividend date is Tuesday, November 22nd.

Several institutional investors have recently bought and sold shares of the company. Quantbot Technologies LP acquired a new position in National Grid PLC during the third quarter valued at $138,000. Feltz Wealth PLAN Inc. purchased a new position in shares of National Grid PLC during the second quarter valued at approximately $149,000. Integrated Investment Consultants LLC boosted its position in shares of National Grid PLC by 1.8% in the second quarter. Integrated Investment Consultants LLC now owns 2,046 shares of the company’s stock valued at $152,000 after buying an additional 36 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of National Grid PLC by 1.2% in the second quarter. O Shaughnessy Asset Management LLC now owns 2,273 shares of the company’s stock valued at $169,000 after buying an additional 28 shares in the last quarter. Finally, Cornerstone Advisors Inc. boosted its position in shares of National Grid PLC by 5,054.3% in the third quarter. Cornerstone Advisors Inc. now owns 2,371 shares of the company’s stock valued at $169,000 after buying an additional 2,325 shares in the last quarter. Hedge funds and other institutional investors own 5.91% of the company’s stock.

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National Grid PLC Company Profile

National Grid Plc is an electricity and gas utility company. The UK Electricity Transmission includes high voltage electricity transmission networks in Great Britain. Its UK Gas Transmission provides the gas transmission network in Great Britain and UK liquefied natural gas (LNG) storage activities. The Company’s UK Gas Distribution includes four of the eight regional networks of Great Britain’s gas distribution system.

5 Day Chart for NYSE:NGG

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