Logan Capital Management Inc. boosted its holdings in Nestle SA (NASDAQ:NSRGY) by 1.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,283 shares of the company’s stock after buying an additional 214 shares during the quarter. Logan Capital Management Inc.’s holdings in Nestle SA were worth $983,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Fiduciary Management Inc. WI increased its stake in Nestle SA by 51.6% in the 1st quarter. Fiduciary Management Inc. WI now owns 5,441,527 shares of the company’s stock worth $418,453,000 after purchasing an additional 1,852,978 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in Nestle SA by 13.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,697,119 shares of the company’s stock worth $147,989,000 after buying an additional 201,020 shares during the period. Douglas Lane & Associates LLC raised its holdings in Nestle SA by 3.4% during the 2nd quarter. Douglas Lane & Associates LLC now owns 706,363 shares of the company’s stock worth $61,553,000 after buying an additional 23,174 shares during the period. Beach Investment Management LLC. raised its holdings in Nestle SA by 1,535.1% during the 2nd 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 period. Finally, Somerville Kurt F lifted its stake in Nestle SA by 0.4% during the second quarter. Somerville Kurt F now owns 200,810 shares of the company’s stock valued at $17,509,000 after buying an additional 810 shares in the last quarter.

Nestle SA (NASDAQ:NSRGY) traded down 0.12% during trading on Wednesday, reaching $85.52. 139,499 shares of the company’s stock traded hands. Nestle SA has a 12 month low of $66.08 and a 12 month high of $89.40. The company has a market cap of $264.94 billion and a P/E ratio of 27.10. The firm’s 50 day moving average is $84.32 and its 200 day moving average is $82.90.

ILLEGAL ACTIVITY WARNING: “Logan Capital Management Inc. Acquires 214 Shares of Nestle SA (NSRGY)” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/logan-capital-management-inc-acquires-214-shares-of-nestle-sa-nsrgy/1608052.html.

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

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.

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

Receive News & Ratings for Nestle SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestle SA and related companies with Analyst Ratings Network's FREE daily email newsletter.