National Grid plc (LON:NG) insider Mark Williamson acquired 43,128 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was acquired at an average price of GBX 805 ($11.30) per share, with a total value of £347,180.40 ($487,544.45).

Shares of National Grid plc (NG) opened at GBX 791.40 ($11.11) on Monday. The firm has a market capitalization of $26,730.00 and a price-to-earnings ratio of 1,648.75. National Grid plc has a 52-week low of GBX 783.80 ($11.01) and a 52-week high of GBX 1,097 ($15.41).

The company also recently announced a dividend, which was paid on Wednesday, January 10th. Stockholders of record on Thursday, November 23rd were given a dividend of GBX 15.49 ($0.22) per share. The ex-dividend date was Thursday, November 23rd. This represents a dividend yield of 1.73%.

NG has been the subject of several research analyst reports. reiterated a “buy” rating and issued a GBX 1,060 ($14.89) price objective on shares of National Grid in a research report on Monday, October 9th. Bank of America set a GBX 1,140 ($16.01) price objective on National Grid and gave the company a “buy” rating in a research report on Wednesday, November 29th. Macquarie set a GBX 990 ($13.90) price objective on National Grid and gave the company a “buy” rating in a research report on Tuesday, December 19th. Citigroup reiterated a “buy” rating and issued a GBX 1,008 ($14.16) price objective on shares of National Grid in a research report on Wednesday, January 17th. Finally, Deutsche Bank upgraded National Grid to a “hold” rating and cut their price objective for the company from GBX 900 ($12.64) to GBX 850 ($11.94) in a research report on Wednesday, December 6th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. National Grid currently has a consensus rating of “Hold” and a consensus target price of GBX 974.06 ($13.68).

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About National Grid

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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