Rothschild Investment LLC Purchases 192 Shares of National Grid plc (NYSE:NGG)

Rothschild Investment LLC boosted its position in National Grid plc (NYSE:NGG) by 36.2% during the fourth quarter, HoldingsChannel reports. The fund owned 723 shares of the utilities provider’s stock after buying an additional 192 shares during the quarter. Rothschild Investment LLC’s holdings in National Grid were worth $43,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc raised its stake in National Grid by 20.0% in 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 during the period. Atlantic Family Wealth LLC bought a new stake in National Grid in the 4th quarter valued at about $235,000. Cromwell Holdings LLC raised its stake in National Grid by 135.4% in the 4th quarter. Cromwell Holdings LLC now owns 1,516 shares of the utilities provider’s stock valued at $91,000 after acquiring an additional 872 shares during the period. Ieq Capital LLC raised its stake in National Grid by 15.5% in the 4th quarter. Ieq Capital LLC now owns 3,473 shares of the utilities provider’s stock valued at $206,000 after acquiring an additional 466 shares during the period. Finally, Global Retirement Partners LLC raised its stake in National Grid by 31.0% in the 4th quarter. Global Retirement Partners LLC now owns 4,292 shares of the utilities provider’s stock valued at $255,000 after acquiring an additional 1,016 shares during the period. 4.68% of the stock is currently owned by institutional investors.

National Grid Trading Down 0.2 %

NGG stock opened at $62.60 on Thursday. The company has a quick ratio of 1.54, a current ratio of 1.61 and a debt-to-equity ratio of 1.18. National Grid plc has a twelve month low of $55.13 and a twelve month high of $73.40. The stock has a 50-day simple moving average of $60.04 and a two-hundred day simple moving average of $63.55.

Analyst Ratings Changes

A number of brokerages recently issued reports on NGG. Citigroup upgraded National Grid from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 21st. StockNews.com raised National Grid from a “sell” rating to a “hold” rating in a report on Tuesday. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, National Grid currently has an average rating of “Moderate Buy”.

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.