11,091 Shares in Nestlé S.A. (OTCMKTS:NSRGY) Acquired by SVB Wealth LLC

SVB Wealth LLC purchased a new stake in shares of Nestlé S.A. (OTCMKTS:NSRGY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,091 shares of the company’s stock, valued at approximately $906,000.

A number of other institutional investors have also recently bought and sold shares of NSRGY. Douglass Winthrop Advisors LLC raised its holdings in shares of Nestlé by 2.5% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 1,036,741 shares of the company’s stock valued at $104,417,000 after purchasing an additional 24,826 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Nestlé by 10.8% in the fourth quarter. Hantz Financial Services Inc. now owns 107,788 shares of the company’s stock worth $8,806,000 after buying an additional 10,523 shares during the last quarter. Altrius Capital Management Inc boosted its stake in shares of Nestlé by 13.5% during the 4th quarter. Altrius Capital Management Inc now owns 78,687 shares of the company’s stock worth $6,429,000 after acquiring an additional 9,381 shares in the last quarter. Beddow Capital Management Inc. increased its holdings in shares of Nestlé by 4.4% during the 3rd quarter. Beddow Capital Management Inc. now owns 61,100 shares of the company’s stock valued at $6,151,000 after acquiring an additional 2,590 shares during the last quarter. Finally, Chartwell Investment Partners LLC raised its stake in shares of Nestlé by 7.1% in the 3rd quarter. Chartwell Investment Partners LLC now owns 49,222 shares of the company’s stock valued at $4,958,000 after acquiring an additional 3,271 shares in the last quarter. Institutional investors and hedge funds own 0.61% of the company’s stock.

Nestlé Stock Performance

OTCMKTS NSRGY opened at $98.80 on Tuesday. Nestlé S.A. has a twelve month low of $80.11 and a twelve month high of $110.46. The firm has a 50-day simple moving average of $86.25 and a 200 day simple moving average of $92.04. The company has a current ratio of 0.85, a quick ratio of 0.52 and a debt-to-equity ratio of 1.63.

Analyst Ratings Changes

A number of equities research analysts have issued reports on NSRGY shares. Jefferies Financial Group cut Nestlé from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th. The Goldman Sachs Group raised shares of Nestlé to a “strong-buy” rating in a report on Tuesday, December 17th. Morgan Stanley raised shares of Nestlé from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, November 27th. Finally, BNP Paribas raised Nestlé from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Nestlé Company 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.