Henry James International Management Inc. Sells 751 Shares of National Grid plc (NYSE:NGG)

Henry James International Management Inc. lessened its stake in National Grid plc (NYSE:NGG) by 5.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,189 shares of the utilities provider’s stock after selling 751 shares during the period. Henry James International Management Inc.’s holdings in National Grid were worth $897,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. UMB Bank n.a. grew its position in shares of National Grid by 22.7% during the 4th quarter. UMB Bank n.a. now owns 826 shares of the utilities provider’s stock worth $56,000 after buying an additional 153 shares during the period. Bailard Inc. grew its holdings in National Grid by 3.5% during the third quarter. Bailard Inc. now owns 5,088 shares of the utilities provider’s stock valued at $309,000 after purchasing an additional 170 shares during the period. Concord Wealth Partners increased its stake in National Grid by 9.8% in the third quarter. Concord Wealth Partners now owns 1,922 shares of the utilities provider’s stock valued at $117,000 after purchasing an additional 171 shares in the last quarter. Dearborn Partners LLC raised its holdings in National Grid by 3.8% in the third quarter. Dearborn Partners LLC now owns 4,803 shares of the utilities provider’s stock worth $291,000 after purchasing an additional 177 shares during the period. Finally, Armstrong Advisory Group Inc. boosted its position in shares of National Grid by 14.5% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,445 shares of the utilities provider’s stock worth $98,000 after purchasing an additional 183 shares in the last quarter. Institutional investors and hedge funds own 4.68% of the company’s stock.

National Grid Trading Up 1.1 %

NGG stock traded up $0.72 during trading hours on Friday, reaching $68.33. 267,820 shares of the stock were exchanged, compared to its average volume of 334,733. The firm’s 50-day moving average is $66.98 and its 200-day moving average is $66.03. National Grid plc has a 12 month low of $56.40 and a 12 month high of $74.48. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.93 and a quick ratio of 0.82.

Analyst Ratings Changes

A number of analysts recently commented on the stock. BNP Paribas upgraded shares of National Grid from an “underperform” rating to an “outperform” rating in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft upgraded National Grid from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th. Jefferies Financial Group upgraded National Grid from a “hold” rating to a “buy” rating in a report on Monday, February 5th. Finally, StockNews.com raised National Grid from a “sell” rating to a “hold” rating in a research note on Wednesday, April 3rd. Two investment 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.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,165.00.

National Grid Company Profile

National Grid plc transmits and distributes electricity and gas. The company 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.