4,720 Shares in Nestlé S.A. (OTCMKTS:NSRGY) Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC acquired a new stake in Nestlé S.A. (OTCMKTS:NSRGY) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 4,720 shares of the company’s stock, valued at approximately $386,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Douglass Winthrop Advisors LLC raised its position in shares of Nestlé by 2.5% in the third quarter. Douglass Winthrop Advisors LLC now owns 1,036,741 shares of the company’s stock valued at $104,417,000 after buying an additional 24,826 shares during the last quarter. Douglas Lane & Associates LLC grew its holdings in shares of Nestlé by 6.4% in the third quarter. Douglas Lane & Associates LLC now owns 916,418 shares of the company’s stock valued at $92,299,000 after purchasing an additional 55,367 shares during the period. Hantz Financial Services Inc. increased its holdings in shares of Nestlé by 4.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 97,265 shares of the company’s stock worth $9,792,000 after buying an additional 3,787 shares during the last quarter. Altrius Capital Management Inc grew its position in Nestlé by 2.4% in the third quarter. Altrius Capital Management Inc now owns 69,306 shares of the company’s stock worth $6,977,000 after acquiring an additional 1,603 shares during the period. Finally, Saybrook Capital NC raised its position in Nestlé by 11.9% in the third quarter. Saybrook Capital NC now owns 63,401 shares of the company’s stock valued at $6,383,000 after purchasing an additional 6,742 shares during the period. Hedge funds and other institutional investors own 0.61% of the company’s stock.

Nestlé Price Performance

Shares of NSRGY opened at $85.83 on Thursday. The stock has a 50 day moving average price of $83.47 and a 200 day moving average price of $94.13. Nestlé S.A. has a 52-week low of $80.11 and a 52-week high of $115.91. The company has a quick ratio of 0.52, a current ratio of 0.85 and a debt-to-equity ratio of 1.63.

Analyst Upgrades and Downgrades

NSRGY has been the subject of a number of recent analyst reports. Jefferies Financial Group downgraded Nestlé from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th. Morgan Stanley raised shares of Nestlé from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, November 27th. Citigroup lowered Nestlé from a “buy” rating to a “neutral” rating in a research report on Thursday, October 3rd. Royal Bank of Canada raised shares of Nestlé from a “sector perform” rating to an “outperform” rating in a research report on Friday, October 18th. Finally, The Goldman Sachs Group upgraded Nestlé to a “strong-buy” rating in a report on Tuesday, December 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Nestlé Profile

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.