Abbrea Capital LLC maintained its position in Nestle SA (NASDAQ:NSRGY) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,359 shares of the company’s stock at the end of the second quarter. Abbrea Capital LLC’s holdings in Nestle SA were worth $729,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in NSRGY. Fiduciary Management Inc. WI boosted its stake in shares of Nestle SA by 51.6% in the first quarter. Fiduciary Management Inc. WI now owns 5,441,527 shares of the company’s stock worth $418,453,000 after buying an additional 1,852,978 shares during the last quarter. Polen Capital Management LLC boosted its stake in shares of Nestle SA by 10.8% in the first quarter. Polen Capital Management LLC now owns 5,742,173 shares of the company’s stock worth $440,867,000 after buying an additional 561,542 shares during the last quarter. Beach Investment Management LLC. boosted its stake in shares of Nestle SA by 1,535.1% in the second quarter. Beach Investment Management LLC. now owns 295,549 shares of the company’s stock worth $25,772,000 after buying an additional 277,474 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of Nestle SA by 8.9% in the first quarter. Parametric Portfolio Associates LLC now owns 1,496,099 shares of the company’s stock worth $115,050,000 after buying an additional 122,383 shares during the last quarter. Finally, Staley Capital Advisers Inc. boosted its stake in shares of Nestle SA by 585.0% in the first quarter. Staley Capital Advisers Inc. now owns 95,210 shares of the company’s stock worth $7,322,000 after buying an additional 81,310 shares during the last quarter.

Shares of Nestle SA (NASDAQ:NSRGY) opened at 84.13 on Friday. Nestle SA has a 12 month low of $66.08 and a 12 month high of $89.40. The stock has a 50 day moving average of $86.15 and a 200-day moving average of $80.12. The company has a market cap of $260.63 billion and a PE ratio of 27.16.

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A number of brokerages have recently issued reports on NSRGY. Sanford C. Bernstein reissued a “hold” rating on shares of Nestle SA in a research report on Saturday, June 17th. Zacks Investment Research cut shares of Nestle SA from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Finally, Berenberg Bank cut shares of Nestle SA from a “buy” rating to a “hold” rating in a research report on Wednesday, June 7th.

Nestle SA Company Profile

Nestle SA is a nutrition, health and wellness company. The Company’s segments are Zone Europe, Middle East and North Africa (EMENA); Zone Americas (AMS); Zone Asia, Oceania and sub-Saharan Africa (AOA); Nestle Waters; Nestle Nutrition, and Other Businesses. The Company operates in the United States, Greater China Region, Switzerland and Rest of the World.

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Institutional Ownership by Quarter for Nestle SA (NASDAQ:NSRGY)

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