Henry James International Management Inc. Sells 382 Shares of Nestlé S.A. (OTCMKTS:NSRGY)

Henry James International Management Inc. reduced its position in shares of Nestlé S.A. (OTCMKTS:NSRGY) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,378 shares of the company’s stock after selling 382 shares during the period. Henry James International Management Inc.’s holdings in Nestlé were worth $1,431,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hendley & Co. Inc. grew its position in shares of Nestlé by 0.4% during the 3rd quarter. Hendley & Co. Inc. now owns 44,962 shares of the company’s stock valued at $5,088,000 after acquiring an additional 199 shares during the period. Sky Investment Group LLC increased its position in Nestlé by 1.7% in the third quarter. Sky Investment Group LLC now owns 81,885 shares of the company’s stock worth $9,267,000 after buying an additional 1,390 shares during the last quarter. Waldron Private Wealth LLC raised its stake in shares of Nestlé by 24.7% in the third quarter. Waldron Private Wealth LLC now owns 2,632 shares of the company’s stock valued at $297,000 after buying an additional 522 shares during the period. NBT Bank N A NY purchased a new position in shares of Nestlé during the 3rd quarter valued at $1,534,000. Finally, First Horizon Advisors Inc. grew its stake in shares of Nestlé by 30.8% during the 3rd quarter. First Horizon Advisors Inc. now owns 510 shares of the company’s stock worth $58,000 after acquiring an additional 120 shares during the period. 0.61% of the stock is currently owned by hedge funds and other institutional investors.

Nestlé Stock Performance

Shares of Nestlé stock traded up $0.06 on Friday, hitting $101.20. The stock had a trading volume of 594,323 shares, compared to its average volume of 838,830. Nestlé S.A. has a one year low of $99.04 and a one year high of $130.98. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.26. The stock’s 50-day simple moving average is $104.25 and its two-hundred day simple moving average is $109.49.

Analysts Set New Price Targets

NSRGY has been the topic of a number of analyst reports. Royal Bank of Canada raised shares of Nestlé from an “underperform” rating to a “sector perform” rating in a report on Tuesday, February 27th. BNP Paribas lowered Nestlé from a “neutral” rating to an “underperform” rating in a research note on Tuesday, January 9th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $153.00.

About Nestlé

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.