Vestor Capital LLC Increases Holdings in Nestlé S.A. (OTCMKTS:NSRGY)

Vestor Capital LLC boosted its holdings in shares of Nestlé S.A. (OTCMKTS:NSRGY) by 242.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,334 shares of the company’s stock after purchasing an additional 945 shares during the quarter. Vestor Capital LLC’s holdings in Nestlé were worth $154,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Horrell Capital Management Inc. lifted its stake in shares of Nestlé by 0.3% in the 4th quarter. Horrell Capital Management Inc. now owns 29,224 shares of the company’s stock valued at $3,386,000 after purchasing an additional 94 shares during the period. First Horizon Advisors Inc. raised its position in shares of Nestlé by 22.4% in the fourth quarter. First Horizon Advisors Inc. now owns 624 shares of the company’s stock worth $72,000 after acquiring an additional 114 shares during the period. Mcintyre Freedman & Flynn Investment Advisers Inc. boosted its stake in shares of Nestlé by 0.8% during the 3rd quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 20,075 shares of the company’s stock worth $2,272,000 after acquiring an additional 150 shares in the last quarter. Enterprise Financial Services Corp grew its position in shares of Nestlé by 7.7% during the 3rd quarter. Enterprise Financial Services Corp now owns 2,183 shares of the company’s stock valued at $247,000 after acquiring an additional 156 shares during the period. Finally, Windward Capital Management Co. CA increased its stake in shares of Nestlé by 0.5% in the 4th quarter. Windward Capital Management Co. CA now owns 37,868 shares of the company’s stock valued at $4,379,000 after purchasing an additional 186 shares in the last quarter. 0.61% of the stock is currently owned by institutional investors and hedge funds.

Nestlé Trading Up 0.9 %

Shares of NSRGY stock traded up $0.90 on Thursday, reaching $104.44. 360,102 shares of the company were exchanged, compared to its average volume of 737,070. Nestlé S.A. has a 1 year low of $99.04 and a 1 year high of $129.45. The business has a 50-day moving average price of $103.99 and a 200 day moving average price of $109.32. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.26.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada upgraded Nestlé from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, February 27th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price 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.