Nisa Investment Advisors LLC Acquires New Stake in Nestlé S.A. (OTCMKTS:NSRGY)

Nisa Investment Advisors LLC bought a new position in Nestlé S.A. (OTCMKTS:NSRGY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,720 shares of the company’s stock, valued at approximately $386,000.

Several other institutional investors also recently added to or reduced their stakes in NSRGY. Mengis Capital Management Inc. grew its position in shares of Nestlé by 304.3% during the 3rd quarter. Mengis Capital Management Inc. now owns 22,150 shares of the company’s stock worth $2,230,000 after buying an additional 16,671 shares in the last quarter. Douglass Winthrop Advisors LLC grew its holdings in Nestlé by 2.5% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 1,036,741 shares of the company’s stock worth $104,417,000 after acquiring an additional 24,826 shares in the last quarter. ORG Partners LLC increased its position in Nestlé by 225.7% during the 3rd quarter. ORG Partners LLC now owns 8,704 shares of the company’s stock valued at $876,000 after purchasing an additional 6,032 shares during the period. Saybrook Capital NC raised its holdings in shares of Nestlé by 11.9% in the 3rd 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 in the last quarter. Finally, Douglas Lane & Associates LLC lifted its position in shares of Nestlé by 6.4% in the 3rd quarter. Douglas Lane & Associates LLC now owns 916,418 shares of the company’s stock worth $92,299,000 after purchasing an additional 55,367 shares during the period. Hedge funds and other institutional investors own 0.61% of the company’s stock.

Analyst Upgrades and Downgrades

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

Nestlé Stock Down 0.6 %

OTCMKTS:NSRGY opened at $85.83 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.52 and a debt-to-equity ratio of 1.63. The firm has a fifty day simple moving average of $83.47 and a 200-day simple moving average of $94.13. Nestlé S.A. has a 12 month low of $80.11 and a 12 month high of $115.91.

About Nestlé

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.