Boston Private Wealth LLC lessened its stake in NESTLE S A/S (OTCMKTS:NSRGY) by 6.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,648 shares of the company’s stock after selling 1,007 shares during the quarter. Boston Private Wealth LLC’s holdings in NESTLE S A/S were worth $1,700,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in NSRGY. First Mercantile Trust Co. bought a new position in shares of NESTLE S A/S in the third quarter valued at $953,000. Congress Asset Management Co. MA increased its stake in NESTLE S A/S by 1.9% during the 3rd quarter. Congress Asset Management Co. MA now owns 69,683 shares of the company’s stock worth $7,567,000 after buying an additional 1,290 shares during the period. Angeles Investment Advisors LLC purchased a new position in shares of NESTLE S A/S in the 3rd quarter valued at about $230,000. Mogy Joel R Investment Counsel Inc. purchased a new position in shares of NESTLE S A/S in the 3rd quarter valued at about $12,259,000. Finally, Cozad Asset Management Inc. increased its stake in shares of NESTLE S A/S by 6.1% in the 3rd quarter. Cozad Asset Management Inc. now owns 3,894 shares of the company’s stock valued at $422,000 after purchasing an additional 225 shares in the last quarter. Hedge funds and other institutional investors own 1.32% of the company’s stock.

Shares of NESTLE S A/S stock traded down $1.15 on Friday, hitting $104.43. The company’s stock had a trading volume of 225,912 shares, compared to its average volume of 581,746. The company has a market capitalization of $320.47 billion, a price-to-earnings ratio of 30.99, a price-to-earnings-growth ratio of 2.50 and a beta of 0.42. NESTLE S A/S has a 1 year low of $78.62 and a 1 year high of $114.87. The firm has a fifty day moving average price of $106.57 and a 200-day moving average price of $104.38.

NSRGY has been the subject of several recent analyst reports. Deutsche Bank lowered NESTLE S A/S from a “buy” rating to a “hold” rating in a research note on Monday, September 9th. ValuEngine lowered NESTLE S A/S from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Zacks Investment Research upgraded NESTLE S A/S from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada lowered NESTLE S A/S from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, September 25th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $108.00.

About NESTLE S A/S

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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