Hantz Financial Services Inc. Sells 10,173 Shares of Nestle SA $NSRGY

Hantz Financial Services Inc. decreased its stake in shares of Nestle SA (OTCMKTS:NSRGY) by 9.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 93,581 shares of the company’s stock after selling 10,173 shares during the quarter. Hantz Financial Services Inc.’s holdings in Nestle were worth $9,244,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strengthening Families & Communities LLC bought a new position in shares of Nestle during the 3rd quarter worth about $31,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Nestle during the 4th quarter worth about $47,000. Boyd Watterson Asset Management LLC OH increased its holdings in shares of Nestle by 175.1% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 641 shares of the company’s stock worth $59,000 after purchasing an additional 408 shares during the period. Cascades Capital Asset Management LLC bought a new position in shares of Nestle during the 4th quarter worth about $101,000. Finally, IHT Wealth Management LLC bought a new position in shares of Nestle during the 2nd quarter worth about $213,000. Institutional investors own 0.61% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Nestle in a report on Friday, April 24th. Jefferies Financial Group reissued a “hold” rating on shares of Nestle in a research note on Monday, February 23rd. Finally, Morgan Stanley reissued an “underweight” rating on shares of Nestle in a research note on Thursday, April 30th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Nestle Stock Performance

OTCMKTS NSRGY opened at $100.55 on Monday. The company’s 50-day simple moving average is $99.31 and its 200 day simple moving average is $99.22. Nestle SA has a twelve month low of $86.98 and a twelve month high of $109.59. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.79 and a quick ratio of 0.47.

Nestle Company Profile

Nestlé SA is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland. Founded in 1866 by Henri Nestlé, the company has grown into a global consumer goods firm and its American depositary receipts trade in the United States under the OTCMKTS ticker NSRGY. Nestlé operates across a broad range of food and beverage categories and is widely recognized for its portfolio of consumer-facing brands and products.

The company’s main business activities include the manufacture, marketing and distribution of products in categories such as coffee and other beverages, bottled water, dairy and infant nutrition, prepared meals and culinary products, confectionery, and pet care.