Whittier Trust Co. of Nevada Inc. Has $83,000 Stock Holdings in National Grid plc (NYSE:NGG)

Whittier Trust Co. of Nevada Inc. lowered its position in National Grid plc (NYSE:NGG) by 15.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,188 shares of the utilities provider’s stock after selling 211 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in National Grid were worth $83,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in NGG. RFP Financial Group LLC increased its position in National Grid by 119.8% in the 1st quarter. RFP Financial Group LLC now owns 367 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 200 shares during the period. Headlands Technologies LLC bought a new position in National Grid during the 1st quarter worth $27,000. Richardson Financial Services Inc. bought a new position in National Grid during the 1st quarter worth $28,000. Bessemer Group Inc. bought a new stake in shares of National Grid in the 1st quarter valued at about $29,000. Finally, Rothschild Investment LLC acquired a new stake in shares of National Grid in the second quarter valued at about $37,000. Institutional investors own 4.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on National Grid in a research note on Wednesday, October 2nd. They issued a “buy” rating on the stock. Citigroup downgraded shares of National Grid from a “buy” rating to a “neutral” rating in a research report on Thursday, October 3rd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

National Grid Trading Up 0.2 %

Shares of NGG stock opened at $66.43 on Thursday. National Grid plc has a fifty-two week low of $55.13 and a fifty-two week high of $73.40. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.84 and a current ratio of 0.91. The stock has a 50 day simple moving average of $67.57 and a two-hundred day simple moving average of $64.58. The company has a market cap of $52.71 billion, a P/E ratio of 13.64, a PEG ratio of 4.50 and a beta of 0.61.

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.