Nestlé S.A. (OTCMKTS:NSRGY) Holdings Trimmed by Henry James International Management Inc.

Henry James International Management Inc. trimmed its position in shares of Nestlé S.A. (OTCMKTS:NSRGY) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,222 shares of the company’s stock after selling 1,049 shares during the period. Henry James International Management Inc.’s holdings in Nestlé were worth $3,143,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. purchased a new position in Nestlé during the 2nd quarter worth approximately $134,000. Front Row Advisors LLC grew its position in Nestlé by 421.4% during the 2nd quarter. Front Row Advisors LLC now owns 2,336 shares of the company’s stock worth $239,000 after purchasing an additional 1,888 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Nestlé by 61.9% during the 2nd quarter. GAMMA Investing LLC now owns 2,482 shares of the company’s stock valued at $254,000 after buying an additional 949 shares during the period. Lee Danner & Bass Inc. acquired a new stake in shares of Nestlé during the 2nd quarter valued at $262,000. Finally, Burke & Herbert Bank & Trust Co. acquired a new stake in shares of Nestlé during the 2nd quarter valued at $265,000. 0.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on NSRGY shares. UBS Group lowered shares of Nestlé from a “buy” rating to a “neutral” rating in a research note on Friday, July 26th. Deutsche Bank Aktiengesellschaft lowered shares of Nestlé from a “buy” rating to a “hold” rating in a research note on Friday, July 26th. Barclays reissued an “equal weight” rating on shares of Nestlé in a research note on Monday, September 9th. Citigroup lowered shares of Nestlé from a “buy” rating to a “neutral” rating in a research note on Thursday, October 3rd. Finally, Morgan Stanley lowered shares of Nestlé from an “equal weight” rating to an “underweight” rating in a research note on Monday, September 16th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Nestlé currently has a consensus rating of “Hold”.

Nestlé Stock Performance

OTCMKTS:NSRGY opened at $94.86 on Monday. The firm’s 50-day moving average is $100.50 and its 200-day moving average is $102.60. Nestlé S.A. has a 52-week low of $93.70 and a 52-week high of $117.55.

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.