Altrius Capital Management Inc Has $6.43 Million Stock Holdings in Nestlé S.A. (OTCMKTS:NSRGY)

Altrius Capital Management Inc raised its holdings in shares of Nestlé S.A. (OTCMKTS:NSRGY) by 13.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 78,687 shares of the company’s stock after acquiring an additional 9,381 shares during the period. Nestlé makes up 1.7% of Altrius Capital Management Inc’s holdings, making the stock its 22nd largest position. Altrius Capital Management Inc’s holdings in Nestlé were worth $6,429,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in NSRGY. Mengis Capital Management Inc. raised its stake in shares of Nestlé by 304.3% in the 3rd quarter. Mengis Capital Management Inc. now owns 22,150 shares of the company’s stock valued at $2,230,000 after purchasing an additional 16,671 shares during the period. Douglass Winthrop Advisors LLC raised its position in Nestlé by 2.5% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 1,036,741 shares of the company’s stock valued at $104,417,000 after buying an additional 24,826 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Nestlé by 10.8% in the 4th quarter. Hantz Financial Services Inc. now owns 107,788 shares of the company’s stock valued at $8,806,000 after acquiring an additional 10,523 shares in the last quarter. Nisa Investment Advisors LLC acquired a new position in Nestlé during the 4th quarter worth approximately $386,000. Finally, Chartwell Investment Partners LLC grew its stake in shares of Nestlé by 7.1% during the 3rd quarter. Chartwell Investment Partners LLC now owns 49,222 shares of the company’s stock worth $4,958,000 after acquiring an additional 3,271 shares in the last quarter. Institutional investors and hedge funds own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

NSRGY has been the subject of several recent research reports. The Goldman Sachs Group upgraded shares of Nestlé to a “strong-buy” rating in a report on Tuesday, December 17th. Jefferies Financial Group downgraded Nestlé from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th. BNP Paribas upgraded Nestlé from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Finally, Morgan Stanley upgraded Nestlé from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Nestlé Trading Down 1.1 %

Nestlé stock opened at $96.56 on Friday. The stock’s 50 day moving average is $85.63 and its 200-day moving average is $92.26. The company has a quick ratio of 0.52, a current ratio of 0.85 and a debt-to-equity ratio of 1.63. Nestlé S.A. has a 12 month low of $80.11 and a 12 month high of $110.46.

Nestlé Company Profile

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.