Hantz Financial Services Inc. Has $9.24 Million Holdings in Nestle SA $NSRGY

Hantz Financial Services Inc. lessened its holdings in Nestle SA (OTCMKTS:NSRGY) by 9.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 93,581 shares of the company’s stock after selling 10,173 shares during the period. Hantz Financial Services Inc.’s holdings in Nestle were worth $9,244,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of NSRGY. Strengthening Families & Communities LLC acquired a new stake in shares of Nestle in the 3rd quarter valued at $31,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Nestle in the 4th quarter valued at $47,000. Boyd Watterson Asset Management LLC OH lifted its stake in shares of Nestle by 175.1% in the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 641 shares of the company’s stock valued at $59,000 after purchasing an additional 408 shares during the last quarter. Cascades Capital Asset Management LLC acquired a new stake in shares of Nestle in the 4th quarter valued at $101,000. Finally, IHT Wealth Management LLC acquired a new stake in shares of Nestle in the 2nd quarter valued at $213,000. Institutional investors and hedge funds own 0.61% of the company’s stock.

Nestle Stock Performance

Shares of NSRGY opened at $100.55 on Monday. Nestle SA has a one year low of $86.98 and a one year high of $109.59. The company has a current ratio of 0.79, a quick ratio of 0.47 and a debt-to-equity ratio of 1.40. The company’s fifty day moving average price is $99.31 and its 200 day moving average price is $99.22.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on NSRGY. Morgan Stanley reiterated an “underweight” rating on shares of Nestle in a report on Thursday, April 30th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Nestle in a report on Friday, April 24th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Nestle in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Nestle presently has an average rating of “Hold”.

Nestle Profile

Nestlé SA is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland. Founded in 1866 by Henri Nestlé, the company has grown into a global consumer goods firm and its American depositary receipts trade in the United States under the OTCMKTS ticker NSRGY. Nestlé operates across a broad range of food and beverage categories and is widely recognized for its portfolio of consumer-facing brands and products.

The company’s main business activities include the manufacture, marketing and distribution of products in categories such as coffee and other beverages, bottled water, dairy and infant nutrition, prepared meals and culinary products, confectionery, and pet care.