Jane Street Group LLC Has $250,000 Stock Holdings in Nomad Foods Limited (NYSE:NOMD)

Jane Street Group LLC decreased its stake in Nomad Foods Limited (NYSE:NOMD) by 51.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,112 shares of the company’s stock after selling 13,967 shares during the period. Jane Street Group LLC’s holdings in Nomad Foods were worth $250,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in NOMD. Avior Wealth Management LLC boosted its position in shares of Nomad Foods by 25.8% during the 3rd quarter. Avior Wealth Management LLC now owns 3,920 shares of the company’s stock valued at $75,000 after purchasing an additional 804 shares in the last quarter. Custom Index Systems LLC boosted its position in shares of Nomad Foods by 4.7% during the 3rd quarter. Custom Index Systems LLC now owns 18,845 shares of the company’s stock valued at $359,000 after purchasing an additional 847 shares in the last quarter. State Street Corp boosted its position in shares of Nomad Foods by 0.6% during the 3rd quarter. State Street Corp now owns 182,004 shares of the company’s stock valued at $3,469,000 after purchasing an additional 1,018 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. boosted its position in shares of Nomad Foods by 0.7% during the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 202,735 shares of the company’s stock valued at $3,864,000 after purchasing an additional 1,450 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in shares of Nomad Foods by 11.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 17,051 shares of the company’s stock valued at $281,000 after purchasing an additional 1,689 shares in the last quarter. Institutional investors and hedge funds own 75.26% of the company’s stock.

Nomad Foods Stock Down 2.4 %

Shares of NYSE:NOMD opened at $15.63 on Friday. The business’s 50 day simple moving average is $17.12 and its two-hundred day simple moving average is $17.81. The firm has a market cap of $2.55 billion, a P/E ratio of 11.75 and a beta of 0.79. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.72 and a current ratio of 1.20. Nomad Foods Limited has a 52-week low of $15.43 and a 52-week high of $20.05.

Nomad Foods Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Friday, November 8th were issued a $0.15 dividend. The ex-dividend date was Friday, November 8th. This represents a $0.60 annualized dividend and a yield of 3.84%. Nomad Foods’s payout ratio is currently 45.11%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. StockNews.com upgraded Nomad Foods from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. Deutsche Bank Aktiengesellschaft cut their target price on Nomad Foods from $25.00 to $23.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Finally, Mizuho cut their price target on Nomad Foods from $28.00 to $24.00 and set an “outperform” rating on the stock in a report on Wednesday, December 18th.

Nomad Foods 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.