National Grid plc (LON:NG) Insider Buys £123.63 in Stock
National Grid plc (LON:NG) insider Mike Westcott bought 13 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were purchased at an average price of GBX 951 ($12.38) per share, with a total value of £123.63 ($161.00).
Mike Westcott also recently made the following trade(s):
- On Friday, July 7th, Mike Westcott bought 14 shares of National Grid plc stock. The shares were purchased at an average price of GBX 939 ($12.23) per share, with a total value of £131.46 ($171.19).
Shares of National Grid plc (NG) traded up 0.48% during midday trading on Wednesday, hitting GBX 962.10. 2,274,046 shares of the stock traded hands. National Grid plc has a 52 week low of GBX 921.20 and a 52 week high of GBX 1,220.29. The firm’s 50-day moving average is GBX 955.35 and its 200 day moving average is GBX 1,042.90. The company’s market capitalization is GBX 33.11 billion.
The company also recently disclosed a dividend, which will be paid on Wednesday, August 16th. Stockholders of record on Thursday, June 1st will be paid a GBX 29.10 ($0.38) dividend. This represents a dividend yield of 2.74%. The ex-dividend date is Thursday, June 1st.
COPYRIGHT VIOLATION NOTICE: This article was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/08/09/national-grid-plc-lonng-insider-buys-123-63-in-stock.html.
A number of brokerages recently issued reports on NG. Barclays PLC set a GBX 1,075 ($14.00) target price on shares of National Grid plc and gave the stock a “neutral” rating in a research report on Monday, May 29th. Morgan Stanley set a GBX 1,125 ($14.65) price objective on shares of National Grid plc and gave the company a “buy” rating in a research report on Monday, May 29th. Goldman Sachs Group, Inc. (The) restated a “sell” rating and issued a GBX 946 ($12.32) price objective on shares of National Grid plc in a research report on Thursday, May 25th. HSBC Holdings plc restated a “buy” rating and issued a GBX 1,060 ($13.80) price objective on shares of National Grid plc in a research report on Thursday, May 18th. Finally, Deutsche Bank AG set a GBX 920 ($11.98) price objective on shares of National Grid plc and gave the company a “neutral” rating in a research report on Saturday, May 20th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 1,014.80 ($13.22).
About National Grid 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.
Receive News & Ratings for National Grid plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Grid plc and related companies with MarketBeat.com's FREE daily email newsletter.