Boston Family Office LLC reduced its holdings in NESTLE S A/S (OTCMKTS:NSRGY) by 2.2% in the 1st quarter, HoldingsChannel reports. The fund owned 112,768 shares of the company’s stock after selling 2,595 shares during the quarter. NESTLE S A/S accounts for 1.2% of Boston Family Office LLC’s portfolio, making the stock its 26th biggest position. Boston Family Office LLC’s holdings in NESTLE S A/S were worth $10,749,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the stock. Fisher Asset Management LLC grew its holdings in shares of NESTLE S A/S by 4.4% during the fourth quarter. Fisher Asset Management LLC now owns 3,409,857 shares of the company’s stock worth $276,026,000 after buying an additional 144,155 shares in the last quarter. Douglass Winthrop Advisors LLC grew its holdings in shares of NESTLE S A/S by 1.1% during the first quarter. Douglass Winthrop Advisors LLC now owns 791,943 shares of the company’s stock worth $75,488,000 after buying an additional 8,396 shares in the last quarter. Hikari Power Ltd grew its holdings in shares of NESTLE S A/S by 2.5% during the first quarter. Hikari Power Ltd now owns 227,130 shares of the company’s stock worth $21,650,000 after buying an additional 5,640 shares in the last quarter. Beach Investment Counsel Inc. PA grew its holdings in shares of NESTLE S A/S by 92.2% during the fourth quarter. Beach Investment Counsel Inc. PA now owns 219,553 shares of the company’s stock worth $19,154,000 after buying an additional 105,350 shares in the last quarter. Finally, Hemenway Trust Co LLC grew its holdings in shares of NESTLE S A/S by 12.4% during the first quarter. Hemenway Trust Co LLC now owns 181,241 shares of the company’s stock worth $17,275,000 after buying an additional 19,973 shares in the last quarter. Institutional investors and hedge funds own 1.39% of the company’s stock.
NSRGY stock opened at $98.83 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.95 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $302.50 billion, a price-to-earnings ratio of 29.33, a P/E/G ratio of 2.55 and a beta of 0.54. NESTLE S A/S has a twelve month low of $73.59 and a twelve month high of $99.46.
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NESTLE S A/S Profile
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; and Nestlé Waters segments. It offers baby foods under the Cerelac, Gerber, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Nestle L'atelier, Nestle Toll House, Milkybar, Smarties, Quality Street, Aero, Garoto, Orion, and Cailler brands.
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