Madison Investment Advisors LLC Invests $655,000 in Nestlé S.A. (OTCMKTS:NSRGY)

Madison Investment Advisors LLC bought a new position in Nestlé S.A. (OTCMKTS:NSRGY - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 8,015 shares of the company's stock, valued at approximately $655,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Thompson Investment Management Inc. purchased a new stake in Nestlé in the fourth quarter worth about $33,000. Brooklyn Investment Group purchased a new stake in Nestlé in the third quarter worth about $36,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Nestlé in the fourth quarter worth about $45,000. First Horizon Advisors Inc. lifted its holdings in Nestlé by 251.9% in the third quarter. First Horizon Advisors Inc. now owns 1,288 shares of the company's stock worth $130,000 after buying an additional 922 shares during the period. Finally, Nisa Investment Advisors LLC purchased a new position in shares of Nestlé during the fourth quarter valued at approximately $386,000. 0.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NSRGY has been the subject of several analyst reports. BNP Paribas raised shares of Nestlé from a "strong sell" rating to a "strong-buy" rating in a research report on Wednesday, January 8th. Morgan Stanley raised shares of Nestlé from an "underweight" rating to an "equal weight" rating in a research report on Wednesday, November 27th. Jefferies Financial Group downgraded shares of Nestlé from a "hold" rating to an "underperform" rating in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group raised shares of Nestlé to a "strong-buy" rating in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold".

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Nestlé Stock Down 1.0 %

OTCMKTS:NSRGY traded down $1.04 during trading hours on Wednesday, reaching $102.42. The company had a trading volume of 1,180,865 shares, compared to its average volume of 904,892. The firm's 50 day moving average price is $90.43 and its 200-day moving average price is $91.75. Nestlé S.A. has a 52 week low of $80.11 and a 52 week high of $110.46. The company has a current ratio of 0.85, a quick ratio of 0.52 and a debt-to-equity ratio of 1.63.

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.