Calamos Advisors LLC Has $696,000 Stock Holdings in National Grid plc (NYSE:NGG)

Calamos Advisors LLC decreased its stake in shares of National Grid plc (NYSE:NGG) by 13.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,719 shares of the utilities provider’s stock after selling 1,892 shares during the period. Calamos Advisors LLC’s holdings in National Grid were worth $696,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC grew its position in shares of National Grid by 77.3% in the third quarter. FMR LLC now owns 3,989,726 shares of the utilities provider’s stock valued at $277,964,000 after purchasing an additional 1,739,566 shares during the last quarter. Merewether Investment Management LP acquired a new stake in National Grid in the 3rd quarter worth about $66,535,000. Ausbil Investment Management Ltd acquired a new stake in National Grid in the 3rd quarter worth about $62,421,000. Bank of Montreal Can raised its position in shares of National Grid by 3.1% in the third quarter. Bank of Montreal Can now owns 553,394 shares of the utilities provider’s stock valued at $38,588,000 after buying an additional 16,610 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new stake in shares of National Grid in the third quarter valued at approximately $38,021,000. Institutional investors and hedge funds own 4.68% of the company’s stock.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of National Grid from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

National Grid Trading Up 1.3 %

NGG stock opened at $62.69 on Thursday. The business has a 50-day simple moving average of $59.99 and a 200 day simple moving average of $63.76. The company has a quick ratio of 1.54, a current ratio of 1.61 and a debt-to-equity ratio of 1.18. National Grid plc has a 52 week low of $55.13 and a 52 week high of $73.40.

National Grid Profile

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.