Windward Capital Management Co. CA lifted its stake in shares of Nestle SA (OTCMKTS:NSRGY) by 93.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,555 shares of the company’s stock after acquiring an additional 9,956 shares during the quarter. Windward Capital Management Co. CA’s holdings in Nestle were worth $1,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently modified their holdings of NSRGY. Hikari Tsushin Inc. acquired a new stake in Nestle during the third quarter worth approximately $539,000. Madison Investment Holdings Inc. grew its stake in Nestle by 28.9% during the third quarter. Madison Investment Holdings Inc. now owns 370,912 shares of the company’s stock worth $31,160,000 after purchasing an additional 83,054 shares during the period. Lenox Wealth Management Inc. grew its stake in Nestle by 46.6% during the third quarter. Lenox Wealth Management Inc. now owns 36,483 shares of the company’s stock worth $3,064,000 after purchasing an additional 11,595 shares during the period. Griffin Asset Management Inc. grew its stake in Nestle by 79.9% during the third quarter. Griffin Asset Management Inc. now owns 29,286 shares of the company’s stock worth $2,460,000 after purchasing an additional 13,009 shares during the period. Finally, Sit Investment Associates Inc. grew its stake in Nestle by 8.4% during the fourth quarter. Sit Investment Associates Inc. now owns 68,825 shares of the company’s stock worth $5,917,000 after purchasing an additional 5,347 shares during the period. Institutional investors own 1.29% of the company’s stock.
Separately, Zacks Investment Research raised Nestle from a “sell” rating to a “hold” rating in a research note on Thursday, November 30th.
Shares of Nestle SA (OTCMKTS NSRGY) traded down $1.49 during trading on Friday, reaching $85.28. The company’s stock had a trading volume of 454,347 shares, compared to its average volume of 475,343. The company has a quick ratio of 0.53, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. Nestle SA has a 12-month low of $72.05 and a 12-month high of $89.40.
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Nestle 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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