Advisors Management Group Inc. ADV grew its holdings in National Grid Transco, PLC (NYSE:NGG) by 27.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,018 shares of the utilities provider’s stock after buying an additional 1,288 shares during the quarter. Advisors Management Group Inc. ADV’s holdings in National Grid Transco, PLC were worth $377,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Advisors Preferred LLC acquired a new stake in shares of National Grid Transco, PLC in the third quarter valued at $118,000. Bronfman E.L. Rothschild L.P. increased its position in National Grid Transco, PLC by 30.5% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,517 shares of the utilities provider’s stock worth $158,000 after purchasing an additional 589 shares during the period. Suncoast Equity Management acquired a new stake in National Grid Transco, PLC in the second quarter worth about $205,000. Armor Investment Advisors LLC acquired a new stake in National Grid Transco, PLC in the third quarter worth about $226,000. Finally, Bbva Compass Bancshares Inc. acquired a new stake in National Grid Transco, PLC in the third quarter worth about $253,000. Institutional investors own 5.18% of the company’s stock.

A number of analysts recently commented on the company. Zacks Investment Research lowered National Grid Transco, PLC from a “hold” rating to a “sell” rating in a research report on Wednesday. J P Morgan Chase & Co reiterated a “buy” rating on shares of National Grid Transco, PLC in a research report on Wednesday. Berenberg Bank upgraded National Grid Transco, PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Finally, BidaskClub upgraded National Grid Transco, PLC from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. National Grid Transco, PLC presently has an average rating of “Hold” and a consensus target price of $69.00.

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Shares of National Grid Transco, PLC (NYSE:NGG) traded up $0.16 on Thursday, reaching $59.35. The company’s stock had a trading volume of 375,200 shares, compared to its average volume of 510,278. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 1.32. National Grid Transco, PLC has a 12-month low of $58.80 and a 12-month high of $75.24.

The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Friday, November 24th will be issued a dividend of $1.0169 per share. This represents a dividend yield of 3.44%. The ex-dividend date is Wednesday, November 22nd.

About National Grid Transco, PLC

National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York.

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Institutional Ownership by Quarter for National Grid Transco, PLC (NYSE:NGG)

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