Notis McConarty Edward lessened its holdings in NESTLE S A/S (OTCMKTS:NSRGY) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,480 shares of the company’s stock after selling 425 shares during the quarter. NESTLE S A/S accounts for approximately 2.6% of Notis McConarty Edward’s holdings, making the stock its 10th biggest holding. Notis McConarty Edward’s holdings in NESTLE S A/S were worth $5,791,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in NSRGY. Angeles Investment Advisors LLC acquired a new stake in shares of NESTLE S A/S in the 3rd quarter valued at $230,000. Wellington Shields & Co. LLC acquired a new stake in shares of NESTLE S A/S in the 3rd quarter valued at $260,000. Rhumbline Advisers boosted its stake in shares of NESTLE S A/S by 13.0% in the 3rd quarter. Rhumbline Advisers now owns 3,512 shares of the company’s stock valued at $381,000 after purchasing an additional 404 shares in the last quarter. Cozad Asset Management Inc. lifted its position in NESTLE S A/S by 6.1% during the 3rd quarter. Cozad Asset Management Inc. now owns 3,894 shares of the company’s stock worth $422,000 after buying an additional 225 shares in the last quarter. Finally, Harbor Advisory Corp MA lifted its position in NESTLE S A/S by 3.0% during the 3rd quarter. Harbor Advisory Corp MA now owns 4,242 shares of the company’s stock worth $460,000 after buying an additional 125 shares in the last quarter. 1.30% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages recently issued reports on NSRGY. Zacks Investment Research downgraded shares of NESTLE S A/S from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. Royal Bank of Canada downgraded shares of NESTLE S A/S from a “sector perform” rating to an “underperform” rating in a research report on Wednesday, September 25th. ValuEngine downgraded shares of NESTLE S A/S from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. Guggenheim began coverage on shares of NESTLE S A/S in a research report on Tuesday. They set a “buy” rating on the stock. Finally, BNP Paribas downgraded shares of NESTLE S A/S from a “neutral” rating to an “underperform” rating in a research report on Wednesday, January 8th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $116.00.

OTCMKTS:NSRGY traded down $0.09 on Wednesday, hitting $106.59. 2,402,540 shares of the stock were exchanged, compared to its average volume of 914,454. The stock has a market capitalization of $326.17 billion, a price-to-earnings ratio of 31.63, a P/E/G ratio of 2.31 and a beta of 0.40. NESTLE S A/S has a 52 week low of $83.70 and a 52 week high of $114.87. The company’s 50-day moving average price is $106.28 and its 200 day moving average price is $106.69.

About NESTLE S A/S

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone Europe, Middle East and North Africa; Zone Americas; Zone Asia, Oceania and sub-Saharan Africa; and Nestlé Waters segments. It offers baby foods under the Cerelac, Gerber, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Nestle L'atelier, Nestle Toll House, Milkybar, Smarties, Quality Street, Aero, Garoto, Orion, and Cailler brands.

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Institutional Ownership by Quarter for NESTLE S A/S (OTCMKTS:NSRGY)

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