Nestlé S.A. (OTCMKTS:NSRGY) Shares Sold by Schulhoff & Co. Inc.

Schulhoff & Co. Inc. reduced its position in Nestlé S.A. (OTCMKTS:NSRGY) by 9.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,527 shares of the company’s stock after selling 700 shares during the quarter. Schulhoff & Co. Inc.’s holdings in Nestlé were worth $666,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its holdings in Nestlé by 0.5% in the second quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 24,096 shares of the company’s stock valued at $2,459,000 after purchasing an additional 113 shares during the period. Partners Capital Investment Group LLP boosted its stake in shares of Nestlé by 5.1% in the 4th quarter. Partners Capital Investment Group LLP now owns 2,366 shares of the company’s stock valued at $274,000 after buying an additional 115 shares during the period. Pinnacle West Asset Management Inc. increased its stake in shares of Nestlé by 4.8% during the fourth quarter. Pinnacle West Asset Management Inc. now owns 2,855 shares of the company’s stock worth $330,000 after buying an additional 130 shares during the period. Horrell Capital Management Inc. raised its holdings in Nestlé by 0.5% in the first quarter. Horrell Capital Management Inc. now owns 29,371 shares of the company’s stock valued at $3,122,000 after acquiring an additional 147 shares in the last quarter. Finally, Violich Capital Management Inc. grew its holdings in Nestlé by 3.2% during the 1st quarter. Violich Capital Management Inc. now owns 5,097 shares of the company’s stock worth $541,000 after acquiring an additional 157 shares in the last quarter. 0.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. UBS Group cut shares of Nestlé from a “buy” rating to a “neutral” rating in a research report on Friday, July 26th. Barclays reaffirmed an “equal weight” rating on shares of Nestlé in a research report on Monday, September 9th. JPMorgan Chase & Co. lowered Nestlé from an “overweight” rating to a “neutral” rating in a research report on Thursday, May 23rd. Berenberg Bank cut shares of Nestlé from a “buy” rating to a “hold” rating in a report on Friday, July 26th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Nestlé from a “buy” rating to a “hold” rating in a research note on Friday, July 26th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Nestlé Stock Down 0.3 %

Shares of OTCMKTS NSRGY opened at $103.13 on Friday. The company’s fifty day moving average is $103.79 and its two-hundred day moving average is $104.19. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.51 and a current ratio of 0.83. Nestlé S.A. has a one year low of $99.02 and a one year high of $119.52.

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.