4,090 Shares in NESTLE S A/S (NSRGY) Acquired by Cozad Asset Management Inc.

Cozad Asset Management Inc. acquired a new position in shares of NESTLE S A/S (OTCMKTS:NSRGY) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 4,090 shares of the company’s stock, valued at approximately $317,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Colony Group LLC bought a new stake in shares of NESTLE S A/S during the 2nd quarter worth $207,000. Hikari Tsushin Inc. boosted its stake in shares of NESTLE S A/S by 58.3% during the 2nd quarter. Hikari Tsushin Inc. now owns 10,160 shares of the company’s stock worth $787,000 after acquiring an additional 3,740 shares in the last quarter. Wallace Capital Management Inc. boosted its stake in shares of NESTLE S A/S by 4.5% during the 2nd quarter. Wallace Capital Management Inc. now owns 84,373 shares of the company’s stock worth $6,534,000 after acquiring an additional 3,645 shares in the last quarter. Cheviot Value Management LLC boosted its stake in shares of NESTLE S A/S by 18.3% during the 2nd quarter. Cheviot Value Management LLC now owns 4,918 shares of the company’s stock worth $381,000 after acquiring an additional 762 shares in the last quarter. Finally, Forbes J M & Co. LLP boosted its stake in shares of NESTLE S A/S by 0.8% during the 2nd quarter. Forbes J M & Co. LLP now owns 85,204 shares of the company’s stock worth $6,597,000 after acquiring an additional 671 shares in the last quarter. 1.35% of the stock is owned by institutional investors and hedge funds.

NSRGY opened at $84.01 on Monday. The firm has a market capitalization of $260.77 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 2.03 and a beta of 0.57. NESTLE S A/S has a 12-month low of $73.59 and a 12-month 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.

NSRGY has been the subject of a number of research analyst reports. Zacks Investment Research upgraded NESTLE S A/S from a “sell” rating to a “hold” rating in a report on Saturday, August 18th. ValuEngine lowered NESTLE S A/S from a “hold” rating to a “sell” rating in a report on Tuesday, May 22nd. UBS Group restated a “neutral” rating on shares of NESTLE S A/S in a report on Wednesday, May 30th. JPMorgan Chase & Co. restated a “buy” rating on shares of NESTLE S A/S in a report on Wednesday, August 1st. Finally, BNP Paribas upgraded NESTLE S A/S from an “underperform” rating to a “neutral” rating in a report on Tuesday, September 4th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. NESTLE S A/S currently has a consensus rating of “Hold” and a consensus target price of $93.00.

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.

Further Reading: How Short Selling Works

Want to see what other hedge funds are holding NSRGY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NESTLE S A/S (OTCMKTS:NSRGY).

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

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