South Texas Money Management Ltd. purchased a new position in NESTLE S A/S (OTCMKTS:NSRGY) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 36,677 shares of the company’s stock, valued at approximately $2,840,000.

Other hedge funds have also bought and sold shares of the company. Benedict Financial Advisors Inc. grew its holdings in shares of NESTLE S A/S by 4.5% in the second quarter. Benedict Financial Advisors Inc. now owns 14,575 shares of the company’s stock worth $1,129,000 after acquiring an additional 622 shares during the period. Puzo Michael J grew its holdings in shares of NESTLE S A/S by 0.6% in the second quarter. Puzo Michael J now owns 104,018 shares of the company’s stock worth $8,055,000 after acquiring an additional 666 shares during the period. Fulton Bank N.A. grew its holdings in shares of NESTLE S A/S by 41.1% in the first quarter. Fulton Bank N.A. now owns 3,300 shares of the company’s stock worth $260,000 after acquiring an additional 962 shares during the period. Motco grew its holdings in shares of NESTLE S A/S by 2.6% in the first quarter. Motco now owns 39,226 shares of the company’s stock worth $3,098,000 after acquiring an additional 1,009 shares during the period. Finally, Osher Van de Voorde Investment Management grew its holdings in shares of NESTLE S A/S by 1.1% in the first quarter. Osher Van de Voorde Investment Management now owns 97,055 shares of the company’s stock worth $7,672,000 after acquiring an additional 1,025 shares during the period. Hedge funds and other institutional investors own 1.36% of the company’s stock.

NSRGY has been the subject of several recent research reports. Zacks Investment Research raised NESTLE S A/S from a “sell” rating to a “hold” rating in a report on Saturday. JPMorgan Chase & Co. reissued a “buy” rating on shares of NESTLE S A/S in a report on Wednesday, August 1st. ValuEngine raised NESTLE S A/S from a “sell” rating to a “hold” rating in a report on Thursday, July 5th. Finally, UBS Group reissued a “neutral” rating on shares of NESTLE S A/S in a report on Wednesday, May 30th.

OTCMKTS:NSRGY opened at $82.05 on Monday. NESTLE S A/S has a 52-week low of $73.59 and a 52-week high of $87.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.89 and a quick ratio of 0.64. The stock has a market cap of $252.12 billion, a price-to-earnings ratio of 24.06, a P/E/G ratio of 1.96 and a beta of 0.59.

NESTLE S A/S Profile

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

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