GAMMA Investing LLC increased its stake in shares of National Grid plc (NYSE:NGG – Free Report) by 45.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,005 shares of the utilities provider’s stock after buying an additional 314 shares during the quarter. GAMMA Investing LLC’s holdings in National Grid were worth $70,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. RFP Financial Group LLC grew its stake in National Grid by 119.8% during the 1st quarter. RFP Financial Group LLC now owns 367 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Headlands Technologies LLC acquired a new position in National Grid in the 1st quarter worth approximately $27,000. Richardson Financial Services Inc. purchased a new position in National Grid during the 1st quarter worth approximately $28,000. Creekmur Asset Management LLC acquired a new stake in National Grid during the 4th quarter valued at approximately $29,000. Finally, Bessemer Group Inc. purchased a new stake in shares of National Grid in the 1st quarter valued at $29,000. 4.68% of the stock is owned by hedge funds and other institutional investors.
National Grid Price Performance
NYSE:NGG opened at $67.16 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.91 and a debt-to-equity ratio of 1.41. The company has a 50 day moving average price of $67.14 and a 200-day moving average price of $64.59. National Grid plc has a 1-year low of $55.13 and a 1-year high of $73.40.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on NGG
About National Grid
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.
Further Reading
- Five stocks we like better than National Grid
- Best Stocks Under $5.00
- Goldman Sachs Earnings Reveal Market Moves Investors Can’t Ignore
- With Risk Tolerance, One Size Does Not Fit All
- AMD Gains Momentum With AI: Can It Beat Expectations?
- Roth IRA Calculator: Calculate Your Potential Returns
- Lithium Grab: 2 Lithium Stocks That Could Be Takeover Targets
Receive News & Ratings for National Grid Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Grid and related companies with MarketBeat.com's FREE daily email newsletter.