Nestle SA $NSRGY Stock Holdings Increased by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. increased its stake in shares of Nestle SA (OTCMKTS:NSRGY) by 57.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,160 shares of the company’s stock after purchasing an additional 13,510 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Nestle were worth $3,671,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Rhumbline Advisers lifted its position in Nestle by 0.7% in the 2nd quarter. Rhumbline Advisers now owns 63,529 shares of the company’s stock worth $6,310,000 after buying an additional 465 shares in the last quarter. Benedict Financial Advisors Inc. grew its holdings in shares of Nestle by 1.5% during the 2nd quarter. Benedict Financial Advisors Inc. now owns 22,767 shares of the company’s stock valued at $2,261,000 after acquiring an additional 334 shares in the last quarter. IHT Wealth Management LLC acquired a new position in shares of Nestle in the second quarter worth $213,000. Douglas Lane & Associates LLC increased its stake in shares of Nestle by 5.0% in the third quarter. Douglas Lane & Associates LLC now owns 924,344 shares of the company’s stock worth $84,889,000 after acquiring an additional 44,185 shares during the last quarter. Finally, Saybrook Capital NC raised its holdings in shares of Nestle by 1.1% during the third quarter. Saybrook Capital NC now owns 76,147 shares of the company’s stock worth $6,988,000 after acquiring an additional 813 shares in the last quarter. Institutional investors and hedge funds own 0.61% of the company’s stock.

Nestle Stock Performance

Shares of NSRGY opened at $95.41 on Friday. The company’s fifty day moving average is $100.20 and its 200-day moving average is $97.87. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.47 and a current ratio of 0.79. Nestle SA has a 12 month low of $86.98 and a 12 month high of $109.59.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NSRGY shares. Morgan Stanley restated an “underweight” rating on shares of Nestle in a research note on Thursday, February 12th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Nestle in a research note on Monday, February 23rd. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Nestle currently has an average rating of “Hold” and an average price target of $91.00.

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.