Nisa Investment Advisors LLC Invests $386,000 in Nestlé S.A. (OTCMKTS:NSRGY)

Nisa Investment Advisors LLC acquired a new stake in Nestlé S.A. (OTCMKTS:NSRGY - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,720 shares of the company's stock, valued at approximately $386,000.

Several other large investors have also bought and sold shares of the company. Brooklyn Investment Group bought a new stake in shares of Nestlé during the 3rd quarter worth $36,000. First Horizon Advisors Inc. lifted its holdings in shares of Nestlé by 251.9% during the third quarter. First Horizon Advisors Inc. now owns 1,288 shares of the company's stock valued at $130,000 after purchasing an additional 922 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Nestlé by 28.1% in the 3rd quarter. GAMMA Investing LLC now owns 3,180 shares of the company's stock valued at $320,000 after purchasing an additional 698 shares during the period. Eagle Bay Advisors LLC purchased a new position in Nestlé in the 3rd quarter worth about $365,000. Finally, 3Chopt Investment Partners LLC acquired a new stake in Nestlé during the 2nd quarter worth about $372,000. Institutional investors own 0.61% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. BNP Paribas upgraded shares of Nestlé from a "strong sell" rating to a "strong-buy" rating in a report on Wednesday, January 8th. Morgan Stanley upgraded shares of Nestlé from an "underweight" rating to an "equal weight" rating in a research report on Wednesday, November 27th. Royal Bank of Canada raised Nestlé from a "sector perform" rating to an "outperform" rating in a research report on Friday, October 18th. Jefferies Financial Group lowered Nestlé from a "hold" rating to an "underperform" rating in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group upgraded 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 issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold".

Nestlé Stock Performance

NSRGY traded up $0.74 during trading on Thursday, reaching $86.57. 629,537 shares of the company's stock were exchanged, compared to its average volume of 1,206,612. The company has a quick ratio of 0.52, a current ratio of 0.85 and a debt-to-equity ratio of 1.63. The business has a 50 day moving average price of $83.45 and a 200 day moving average price of $94.07. Nestlé S.A. has a fifty-two week low of $80.11 and a fifty-two week high of $115.91.

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.