Trust Co. of Vermont Sells 418 Shares of NESTLE S A/S (OTCMKTS:NSRGY)

Trust Co. of Vermont trimmed its position in NESTLE S A/S (OTCMKTS:NSRGY) by 1.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,568 shares of the company’s stock after selling 418 shares during the quarter. Trust Co. of Vermont’s holdings in NESTLE S A/S were worth $3,272,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Parametric Portfolio Associates LLC grew its stake in shares of NESTLE S A/S by 3.4% during the first quarter. Parametric Portfolio Associates LLC now owns 2,562,995 shares of the company’s stock worth $244,305,000 after buying an additional 84,505 shares during the last quarter. Azimuth Capital Management LLC grew its stake in shares of NESTLE S A/S by 760.6% during the first quarter. Azimuth Capital Management LLC now owns 28,400 shares of the company’s stock worth $2,706,000 after buying an additional 25,100 shares during the last quarter. Hemenway Trust Co LLC grew its stake 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 during the last quarter. Douglass Winthrop Advisors LLC grew its stake in shares of NESTLE S A/S by 1.4% during the second quarter. Douglass Winthrop Advisors LLC now owns 802,826 shares of the company’s stock worth $83,012,000 after buying an additional 10,883 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its stake in shares of NESTLE S A/S by 26.1% during the first quarter. Quadrant Capital Group LLC now owns 31,368 shares of the company’s stock worth $2,971,000 after buying an additional 6,497 shares during the last quarter. 1.35% of the stock is currently owned by institutional investors and hedge funds.

Shares of NESTLE S A/S stock traded up $0.49 during trading on Tuesday, hitting $105.53. The company’s stock had a trading volume of 228,705 shares, compared to its average volume of 365,705. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 0.95. NESTLE S A/S has a 52 week low of $78.62 and a 52 week high of $108.90. The stock has a market capitalization of $322.92 billion, a PE ratio of 31.31, a price-to-earnings-growth ratio of 2.64 and a beta of 0.47. The firm’s 50-day moving average is $104.06.

A number of analysts have weighed in on the stock. Zacks Investment Research raised shares of NESTLE S A/S from a “hold” rating to a “buy” rating and set a $116.00 target price on the stock in a research note on Friday, July 5th. Barclays assumed coverage on shares of NESTLE S A/S in a research note on Wednesday, April 10th. They set an “overweight” rating on the stock. Finally, HSBC assumed coverage on shares of NESTLE S A/S in a research note on Thursday, June 27th. They set a “hold” rating on the stock. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $108.00.

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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Institutional Ownership by Quarter for NESTLE S A/S (OTCMKTS:NSRGY)

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