Nestlé S.A. (OTCMKTS:NSRGY) Shares Sold by ORG Partners LLC

ORG Partners LLC reduced its holdings in Nestlé S.A. (OTCMKTS:NSRGY - Free Report) by 86.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,184 shares of the company's stock after selling 7,520 shares during the quarter. ORG Partners LLC's holdings in Nestlé were worth $97,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Rhumbline Advisers increased its holdings in Nestlé by 6.5% in the second quarter. Rhumbline Advisers now owns 63,606 shares of the company's stock valued at $6,516,000 after buying an additional 3,909 shares in the last quarter. Altrius Capital Management Inc increased its stake in Nestlé by 11.9% in the 2nd quarter. Altrius Capital Management Inc now owns 67,703 shares of the company's stock valued at $6,936,000 after purchasing an additional 7,200 shares in the last quarter. Beddow Capital Management Inc. raised its holdings in Nestlé by 6.4% during the second quarter. Beddow Capital Management Inc. now owns 58,510 shares of the company's stock worth $5,994,000 after purchasing an additional 3,495 shares during the last quarter. Cheviot Value Management LLC boosted its position in Nestlé by 7.1% during the second quarter. Cheviot Value Management LLC now owns 4,765 shares of the company's stock worth $488,000 after purchasing an additional 315 shares in the last quarter. Finally, Front Row Advisors LLC grew its holdings in Nestlé by 421.4% in the second quarter. Front Row Advisors LLC now owns 2,336 shares of the company's stock valued at $239,000 after purchasing an additional 1,888 shares during the last quarter. 0.61% of the stock is currently owned by hedge funds and other institutional investors.

Nestlé Trading Down 2.4 %

OTCMKTS:NSRGY traded down $2.00 during mid-day trading on Friday, hitting $80.65. The company had a trading volume of 1,133,733 shares, compared to its average volume of 1,042,689. Nestlé S.A. has a 1 year low of $80.53 and a 1 year high of $115.91. The business has a fifty day simple moving average of $85.22 and a 200-day simple moving average of $95.87.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Citigroup cut shares of Nestlé from a "buy" rating to a "neutral" rating in a research note on Thursday, October 3rd. Morgan Stanley raised Nestlé from an "underweight" rating to an "equal weight" rating in a report on Wednesday, November 27th. BNP Paribas raised Nestlé from a "strong sell" rating to a "strong-buy" rating in a research note on Wednesday. Jefferies Financial Group downgraded shares of Nestlé from a "hold" rating to an "underperform" rating in a research note on Wednesday. Finally, Royal Bank of Canada upgraded shares of Nestlé from a "sector perform" rating to an "outperform" rating in a report on Friday, October 18th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold".

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.