Saybrook Capital NC raised its position in Nestle SA (OTCMKTS:NSRGY) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,725 shares of the company’s stock after buying an additional 888 shares during the quarter. Nestle accounts for 3.2% of Saybrook Capital NC’s holdings, making the stock its 15th biggest holding. Saybrook Capital NC’s holdings in Nestle were worth $6,940,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Fisher Asset Management LLC grew its holdings in shares of Nestle by 29,317.7% during the 4th quarter. Fisher Asset Management LLC now owns 2,909,406 shares of the company’s stock worth $250,188,000 after purchasing an additional 2,899,516 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of Nestle by 9.3% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,831,524 shares of the company’s stock worth $153,866,000 after buying an additional 156,274 shares during the last quarter. Madison Investment Holdings Inc. lifted its position in shares of Nestle by 28.9% during the 3rd quarter. Madison Investment Holdings Inc. now owns 370,912 shares of the company’s stock worth $31,160,000 after buying an additional 83,054 shares during the last quarter. Tradition Capital Management LLC bought a new stake in shares of Nestle during the 4th quarter worth $3,758,000. Finally, Tower View Investment Management & Research LLC bought a new stake in shares of Nestle during the 4th quarter worth $2,924,000. 1.36% of the stock is currently owned by hedge funds and other institutional investors.
Separately, Zacks Investment Research upgraded Nestle from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd.
Shares of Nestle SA (OTCMKTS:NSRGY) traded up $0.09 on Friday, hitting $80.60. The stock had a trading volume of 477,430 shares, compared to its average volume of 535,036. Nestle SA has a 52 week low of $74.29 and a 52 week high of $89.40. The company has a quick ratio of 0.53, a current ratio of 0.79 and a debt-to-equity ratio of 0.18.
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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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