23,314 Shares in National Grid plc (NYSE:NGG) Acquired by XTX Topco Ltd

XTX Topco Ltd purchased a new position in National Grid plc (NYSE:NGG - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 23,314 shares of the utilities provider's stock, valued at approximately $1,624,000.

Other large investors have also recently modified their holdings of the company. Blue Trust Inc. boosted its stake in National Grid by 778.5% during the 2nd quarter. Blue Trust Inc. now owns 1,063 shares of the utilities provider's stock valued at $60,000 after purchasing an additional 942 shares during the last quarter. Gradient Investments LLC raised its position in National Grid by 8,101.0% in the 2nd quarter. Gradient Investments LLC now owns 8,283 shares of the utilities provider's stock worth $470,000 after buying an additional 8,182 shares during the last quarter. Hennessy Advisors Inc. lifted its stake in National Grid by 1.8% during the 2nd quarter. Hennessy Advisors Inc. now owns 161,144 shares of the utilities provider's stock valued at $9,153,000 after acquiring an additional 2,800 shares during the period. &PARTNERS purchased a new stake in shares of National Grid during the 2nd quarter valued at about $441,000. Finally, Fullcircle Wealth LLC bought a new stake in shares of National Grid in the second quarter worth approximately $211,000. Hedge funds and other institutional investors own 4.68% of the company's stock.

National Grid Trading Up 0.5 %

NGG traded up $0.30 during trading on Monday, hitting $61.58. The company's stock had a trading volume of 537,507 shares, compared to its average volume of 537,043. The business's 50 day simple moving average is $64.74 and its 200-day simple moving average is $63.55. National Grid plc has a one year low of $55.13 and a one year high of $73.40. 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 Announces Dividend

The business also recently announced a semi-annual dividend, which will be paid on Tuesday, January 14th. Investors of record on Friday, November 22nd will be issued a $2.4939 dividend. The ex-dividend date is Friday, November 22nd. This represents a yield of 4%.

Analyst Ratings Changes

NGG has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of National Grid in a research report on Wednesday, October 2nd. They set a "buy" rating on the stock. Citigroup downgraded National Grid from a "buy" rating to a "neutral" rating in a research note on Thursday, October 3rd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, National Grid presently has a consensus 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.