Seizert Capital Partners LLC Boosts Stock Holdings in Nomad Foods Limited (NYSE:NOMD)

Seizert Capital Partners LLC grew its stake in Nomad Foods Limited (NYSE:NOMD - Free Report) by 42.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 270,164 shares of the company's stock after buying an additional 80,807 shares during the quarter. Seizert Capital Partners LLC owned 0.17% of Nomad Foods worth $5,149,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in NOMD. Blue Trust Inc. lifted its stake in Nomad Foods by 133.2% during the second quarter. Blue Trust Inc. now owns 1,635 shares of the company's stock worth $27,000 after purchasing an additional 934 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of Nomad Foods in the 2nd quarter valued at $42,000. National Bank of Canada FI raised its stake in Nomad Foods by 378.4% during the 2nd quarter. National Bank of Canada FI now owns 2,775 shares of the company's stock worth $46,000 after acquiring an additional 2,195 shares in the last quarter. Quarry LP lifted its position in Nomad Foods by 366.5% in the second quarter. Quarry LP now owns 3,004 shares of the company's stock valued at $50,000 after acquiring an additional 2,360 shares during the last quarter. Finally, nVerses Capital LLC acquired a new position in Nomad Foods in the second quarter valued at $120,000. 75.26% of the stock is owned by institutional investors and hedge funds.

Nomad Foods Stock Performance

Shares of NOMD traded down $0.30 during mid-day trading on Friday, hitting $16.47. 1,237,851 shares of the company's stock were exchanged, compared to its average volume of 667,690. The firm has a market capitalization of $2.68 billion, a P/E ratio of 12.38 and a beta of 0.79. Nomad Foods Limited has a fifty-two week low of $15.76 and a fifty-two week high of $20.05. The business's 50 day moving average is $18.13 and its two-hundred day moving average is $17.97. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 0.80.

Nomad Foods Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Friday, November 8th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 8th. This represents a $0.60 annualized dividend and a dividend yield of 3.64%. Nomad Foods's dividend payout ratio (DPR) is currently 45.11%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NOMD shares. StockNews.com cut Nomad Foods from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on Nomad Foods from $25.00 to $23.00 and set a "buy" rating for the company in a report on Monday, November 4th.

Nomad Foods Profile

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.