Whittier Trust Co. of Nevada Inc. Has $340,000 Holdings in National Grid plc (NGG)
Whittier Trust Co. of Nevada Inc. trimmed its stake in National Grid plc (NYSE:NGG) by 45.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,791 shares of the utilities provider’s stock after selling 4,741 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in National Grid were worth $340,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Capital International Investors grew its position in National Grid by 302.5% in the third quarter. Capital International Investors now owns 2,693,566 shares of the utilities provider’s stock valued at $168,914,000 after acquiring an additional 2,024,400 shares during the period. BlueCrest Capital Management Ltd bought a new stake in National Grid in the second quarter valued at $448,000. Miller Howard Investments Inc. NY grew its position in National Grid by 0.3% in the third quarter. Miller Howard Investments Inc. NY now owns 1,029,056 shares of the utilities provider’s stock valued at $64,532,000 after acquiring an additional 3,117 shares during the period. Mondrian Investment Partners LTD bought a new stake in National Grid in the third quarter valued at $30,019,000. Finally, Sei Investments Co. grew its position in National Grid by 11.1% in the third quarter. Sei Investments Co. now owns 47,071 shares of the utilities provider’s stock valued at $2,952,000 after acquiring an additional 4,701 shares during the period. Hedge funds and other institutional investors own 5.54% of the company’s stock.
National Grid plc (NYSE:NGG) opened at $51.89 on Tuesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.77 and a quick ratio of 0.71. The company has a market capitalization of $35,090.00, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 3.55 and a beta of 0.45. National Grid plc has a one year low of $51.51 and a one year high of $75.24.
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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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