National Grid plc (LON:NG) insider John Pettigrew acquired 17 shares of National Grid plc stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average cost of GBX 888 ($11.68) per share, with a total value of £150.96 ($198.55).

National Grid plc (LON:NG) traded up GBX 6.50 ($0.09) during trading hours on Wednesday, reaching GBX 890 ($11.71). 9,694,916 shares of the company’s stock traded hands, compared to its average volume of 7,880,000. National Grid plc has a one year low of GBX 884.01 ($11.63) and a one year high of GBX 1,097 ($14.43).

The firm also recently declared a dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Thursday, November 23rd will be issued a GBX 15.49 ($0.20) dividend. This represents a yield of 1.73%. The ex-dividend date is Thursday, November 23rd.

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NG has been the subject of a number of recent research reports. reissued a “buy” rating and issued a GBX 1,060 ($13.94) price objective on shares of National Grid plc in a research note on Wednesday, September 6th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,050 ($13.81) price target on shares of National Grid plc in a report on Tuesday, August 1st. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,000 ($13.15) price target on shares of National Grid plc in a report on Friday, July 21st. Macquarie reaffirmed a “neutral” rating and issued a GBX 975 ($12.82) price target on shares of National Grid plc in a report on Thursday, October 26th. Finally, Barclays PLC set a GBX 990 ($13.02) price target on shares of National Grid plc and gave the stock a “neutral” rating in a report on Thursday, November 2nd. Five research analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company’s stock. National Grid plc currently has a consensus rating of “Hold” and a consensus price target of GBX 991.06 ($13.04).

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.

Insider Buying and Selling by Quarter for National Grid plc (LON:NG)

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