Nestlé S.A. (OTCMKTS:NSRGY) Shares Purchased by Sustainable Growth Advisers LP

Sustainable Growth Advisers LP raised its stake in shares of Nestlé S.A. (OTCMKTS:NSRGY) by 60.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 74,622 shares of the company’s stock after purchasing an additional 28,040 shares during the period. Sustainable Growth Advisers LP’s holdings in Nestlé were worth $6,097,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Madison Investment Advisors LLC acquired a new stake in shares of Nestlé in the fourth quarter worth $655,000. Saybrook Capital NC increased its position in shares of Nestlé by 19.5% in the fourth quarter. Saybrook Capital NC now owns 75,741 shares of the company’s stock worth $6,188,000 after acquiring an additional 12,340 shares in the last quarter. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Nestlé in the fourth quarter worth $1,932,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Nestlé in the fourth quarter worth $45,000. Finally, SVB Wealth LLC acquired a new stake in shares of Nestlé in the fourth quarter worth $906,000. Institutional investors and hedge funds own 0.61% of the company’s stock.

Nestlé Stock Performance

NSRGY opened at $101.15 on Friday. The company has a 50-day moving average of $89.21 and a 200-day moving average of $92.05. Nestlé S.A. has a 1-year low of $80.11 and a 1-year high of $110.46. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.85 and a quick ratio of 0.52.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on NSRGY shares. The Goldman Sachs Group upgraded shares of Nestlé to a “strong-buy” rating in a report on Tuesday, December 17th. Jefferies Financial Group cut Nestlé from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th. Morgan Stanley upgraded Nestlé from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, November 27th. Finally, BNP Paribas raised Nestlé from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

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.