United Capital Financial Advisors LLC Sells 813 Shares of National Grid plc (NYSE:NGG)

United Capital Financial Advisors LLC reduced its position in shares of National Grid plc (NYSE:NGG) by 11.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,314 shares of the utilities provider’s stock after selling 813 shares during the quarter. United Capital Financial Advisors LLC’s holdings in National Grid were worth $375,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in NGG. IFP Advisors Inc increased its stake in shares of National Grid by 20.0% in the fourth quarter. IFP Advisors Inc now owns 1,043 shares of the utilities provider’s stock worth $62,000 after purchasing an additional 174 shares in the last quarter. Rothschild Investment LLC increased its stake in National Grid by 36.2% in the 4th quarter. Rothschild Investment LLC now owns 723 shares of the utilities provider’s stock worth $43,000 after buying an additional 192 shares in the last quarter. Verdence Capital Advisors LLC raised its position in shares of National Grid by 0.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 23,925 shares of the utilities provider’s stock valued at $1,422,000 after buying an additional 196 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of National Grid by 67.6% in the fourth quarter. Brown Brothers Harriman & Co. now owns 491 shares of the utilities provider’s stock worth $29,000 after buying an additional 198 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of National Grid by 22.3% during the 4th quarter. GAMMA Investing LLC now owns 1,229 shares of the utilities provider’s stock valued at $73,000 after acquiring an additional 224 shares during the last quarter. 4.68% of the stock is currently owned by institutional investors.

National Grid Trading Up 0.8 %

Shares of National Grid stock opened at $72.03 on Monday. The firm has a fifty day moving average price of $63.94 and a 200 day moving average price of $62.74. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.61 and a quick ratio of 1.54. The stock has a market cap of $70.48 billion, a PE ratio of 13.85, a price-to-earnings-growth ratio of 5.64 and a beta of 0.58. National Grid plc has a 1 year low of $54.24 and a 1 year high of $73.09.

Analyst Ratings Changes

A number of equities analysts have recently commented on NGG shares. Sanford C. Bernstein upgraded National Grid from a “market perform” rating to an “outperform” rating in a report on Monday, March 17th. StockNews.com upgraded shares of National Grid from a “sell” rating to a “hold” rating in a report on Friday, March 7th. Finally, Citigroup raised National Grid from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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.