American Research & Management Co. Trims Holdings in Nestle SA (NSRGY)

American Research & Management Co. trimmed its position in shares of Nestle SA (OTCMKTS:NSRGY) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,977 shares of the company’s stock after selling 1,100 shares during the period. Nestle accounts for approximately 1.6% of American Research & Management Co.’s portfolio, making the stock its 21st largest holding. American Research & Management Co.’s holdings in Nestle were worth $5,156,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NSRGY. SevenBridge Financial Group LLC boosted its holdings in shares of Nestle by 4.7% in the third quarter. SevenBridge Financial Group LLC now owns 19,775 shares of the company’s stock worth $1,661,000 after acquiring an additional 895 shares during the period. Lenox Wealth Management Inc. boosted its holdings in shares of Nestle by 46.6% in the third quarter. Lenox Wealth Management Inc. now owns 36,483 shares of the company’s stock worth $3,064,000 after acquiring an additional 11,595 shares during the period. Madison Investment Holdings Inc. boosted its holdings in shares of Nestle by 28.9% in the third quarter. Madison Investment Holdings Inc. now owns 370,912 shares of the company’s stock worth $31,160,000 after acquiring an additional 83,054 shares during the period. Griffin Asset Management Inc. boosted its holdings in shares of Nestle by 79.9% in the third quarter. Griffin Asset Management Inc. now owns 29,286 shares of the company’s stock worth $2,460,000 after acquiring an additional 13,009 shares during the period. Finally, Sterling Capital Management LLC boosted its holdings in shares of Nestle by 1.2% in the third quarter. Sterling Capital Management LLC now owns 84,802 shares of the company’s stock worth $7,108,000 after acquiring an additional 980 shares during the period. 1.38% of the stock is owned by institutional investors and hedge funds.

Shares of Nestle SA (OTCMKTS NSRGY) opened at $82.28 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.53 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.

Separately, Zacks Investment Research upgraded Nestle from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd.

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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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Institutional Ownership by Quarter for Nestle (OTCMKTS:NSRGY)

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