Nestlé S.A. (OTCMKTS:NSRGY) Given Average Rating of “Hold” by Analysts

Shares of Nestlé S.A. (OTCMKTS:NSRGY) have received an average recommendation of “Hold” from the eleven brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating, one has given a buy rating and two have issued a strong buy rating on the company.

NSRGY has been the subject of a number of recent research reports. BNP Paribas raised shares of Nestlé from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. The Goldman Sachs Group raised shares of Nestlé to a “strong-buy” rating in a research report on Tuesday, December 17th. Jefferies Financial Group downgraded shares of Nestlé from a “hold” rating to an “underperform” rating in a report on Wednesday, January 8th. Finally, Morgan Stanley raised shares of Nestlé from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 27th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Douglass Winthrop Advisors LLC boosted 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 during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Nestlé by 10.8% during the 4th quarter. Hantz Financial Services Inc. now owns 107,788 shares of the company’s stock valued at $8,806,000 after purchasing an additional 10,523 shares during the last quarter. Altrius Capital Management Inc boosted its holdings 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 valued at $6,429,000 after purchasing an additional 9,381 shares during the last quarter. Saybrook Capital NC boosted its holdings in shares of Nestlé by 19.5% during the 4th quarter. Saybrook Capital NC now owns 75,741 shares of the company’s stock valued at $6,188,000 after purchasing an additional 12,340 shares during the last quarter. Finally, Ancora Advisors LLC boosted its holdings in shares of Nestlé by 0.3% during the 4th quarter. Ancora Advisors LLC now owns 74,685 shares of the company’s stock valued at $6,102,000 after purchasing an additional 239 shares during the last quarter. Institutional investors own 0.61% of the company’s stock.

Nestlé Stock Performance

Shares of NSRGY stock opened at $103.46 on Wednesday. Nestlé has a 1 year low of $80.11 and a 1 year high of $110.46. The firm has a fifty day moving average price of $90.43 and a 200-day moving average price of $91.75. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.85 and a quick ratio of 0.52.

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.