Oxbow Advisors LLC Increases Position in NESTLE S A/S (NSRGY)
Oxbow Advisors LLC boosted its stake in NESTLE S A/S (OTCMKTS:NSRGY) by 4.8% during the second quarter, Holdings Channel reports. The institutional investor owned 52,677 shares of the company’s stock after buying an additional 2,405 shares during the period. Oxbow Advisors LLC’s holdings in NESTLE S A/S were worth $4,079,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Motco grew its position in shares of NESTLE S A/S by 3.9% during the 2nd quarter. Motco now owns 40,759 shares of the company’s stock worth $3,157,000 after purchasing an additional 1,533 shares in the last quarter. Quadrant Capital Group LLC grew its position in shares of NESTLE S A/S by 6.6% during the 2nd quarter. Quadrant Capital Group LLC now owns 12,507 shares of the company’s stock worth $950,000 after purchasing an additional 777 shares in the last quarter. Staley Capital Advisers Inc. grew its position in shares of NESTLE S A/S by 12.7% during the 2nd quarter. Staley Capital Advisers Inc. now owns 209,070 shares of the company’s stock worth $16,188,000 after purchasing an additional 23,490 shares in the last quarter. Marietta Wealth Management LLC grew its position in shares of NESTLE S A/S by 3.8% during the 2nd quarter. Marietta Wealth Management LLC now owns 20,393 shares of the company’s stock worth $1,579,000 after purchasing an additional 747 shares in the last quarter. Finally, South Texas Money Management Ltd. acquired a new position in shares of NESTLE S A/S during the 2nd quarter worth approximately $2,840,000. Institutional investors and hedge funds own 1.35% of the company’s stock.
Shares of NESTLE S A/S stock opened at $82.49 on Tuesday. NESTLE S A/S has a 1-year low of $73.59 and a 1-year high of $87.85. The company has a quick ratio of 0.64, a current ratio of 0.89 and a debt-to-equity ratio of 0.25. The company has a market cap of $255.35 billion, a PE ratio of 24.19, a PEG ratio of 1.99 and a beta of 0.59.
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; Nestlé Waters; and Nestlé Nutrition segments. It offers baby foods under the Cerelac, Gerber, Gerber Graduates, NaturNes, and Nestum brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Chocapic, Cini Minis, Cookie Crisp, Estrelitas, Fitness, and Nesquik Cereal brands; and chocolate and confectionery products under the Smarties, Cailler, Butterfinger, Crunch, Aero, KitKat, Nestle Toll House, Wonka, and Orion brands.
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