Nestlé S.A. (OTCMKTS:NSRGY) Shares Sold by Henry James International Management Inc.

Henry James International Management Inc. lowered its holdings in Nestlé S.A. (OTCMKTS:NSRGY) by 3.0% during the fourth quarter, Holdings Channel reports. The fund owned 12,378 shares of the company’s stock after selling 382 shares during the quarter. Henry James International Management Inc.’s holdings in Nestlé were worth $1,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in NSRGY. First Horizon Advisors Inc. lifted its holdings in Nestlé by 30.8% in the third quarter. First Horizon Advisors Inc. now owns 510 shares of the company’s stock valued at $58,000 after acquiring an additional 120 shares during the period. Wetzel Investment Advisors Inc. purchased a new stake in Nestlé during the fourth quarter worth $69,000. Operose Advisors LLC acquired a new stake in Nestlé during the third quarter valued at $82,000. Wesbanco Bank Inc. increased its holdings in Nestlé by 11.5% in the third quarter. Wesbanco Bank Inc. now owns 2,114 shares of the company’s stock valued at $239,000 after buying an additional 218 shares in the last quarter. Finally, Enterprise Financial Services Corp raised its position in shares of Nestlé by 7.7% in the third quarter. Enterprise Financial Services Corp now owns 2,183 shares of the company’s stock worth $247,000 after acquiring an additional 156 shares during the period. Hedge funds and other institutional investors own 0.61% of the company’s stock.

Analyst Ratings Changes

NSRGY has been the subject of several recent analyst reports. BNP Paribas lowered Nestlé from a “neutral” rating to an “underperform” rating in a research note on Tuesday, January 9th. Royal Bank of Canada upgraded Nestlé from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, February 27th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Nestlé has a consensus rating of “Hold” and an average price target of $153.00.

Nestlé Trading Up 0.1 %

Shares of NSRGY stock traded up $0.06 on Friday, reaching $101.20. 594,323 shares of the company were exchanged, compared to its average volume of 838,830. Nestlé S.A. has a 1 year low of $99.04 and a 1 year high of $130.98. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.26. The business has a 50-day moving average price of $104.25 and a 200 day moving average price of $109.49.

Nestlé 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.