Natixis Advisors LLC Has $1.37 Million Holdings in Nomad Foods Limited (NYSE:NOMD)

Natixis Advisors LLC boosted its holdings in shares of Nomad Foods Limited (NYSE:NOMD) by 20.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,647 shares of the company’s stock after purchasing an additional 12,343 shares during the period. Natixis Advisors LLC’s holdings in Nomad Foods were worth $1,366,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. lifted its position in shares of Nomad Foods by 133.2% during the second quarter. Blue Trust Inc. now owns 1,635 shares of the company’s stock worth $27,000 after purchasing an additional 934 shares in the last quarter. Headlands Technologies LLC bought a new position in Nomad Foods in the 2nd quarter worth approximately $42,000. National Bank of Canada FI lifted its holdings in Nomad Foods by 378.4% during the 2nd quarter. National Bank of Canada FI now owns 2,775 shares of the company’s stock worth $46,000 after buying an additional 2,195 shares in the last quarter. Quarry LP boosted its position in Nomad Foods by 366.5% in the 2nd quarter. Quarry LP now owns 3,004 shares of the company’s stock valued at $50,000 after buying an additional 2,360 shares during the last quarter. Finally, nVerses Capital LLC acquired a new stake in shares of Nomad Foods in the 2nd quarter valued at $120,000. Institutional investors own 75.26% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on NOMD shares. Deutsche Bank Aktiengesellschaft cut their price target on Nomad Foods from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. StockNews.com raised Nomad Foods from a “hold” rating to a “buy” rating in a report on Monday, November 18th.

Nomad Foods Stock Performance

NOMD stock opened at $17.96 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 1.20 and a debt-to-equity ratio of 0.79. Nomad Foods Limited has a twelve month low of $15.76 and a twelve month high of $20.05. The business’s fifty day moving average is $17.90 and its 200-day moving average is $17.93. The company has a market cap of $2.93 billion, a P/E ratio of 13.30 and a beta of 0.79.

Nomad Foods Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Friday, November 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.34%. The ex-dividend date of this dividend was Friday, November 8th. Nomad Foods’s payout ratio is 45.11%.

Nomad Foods Company Profile

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.