Beddow Capital Management Inc. Increases Stock Holdings in Nestlé S.A. (OTCMKTS:NSRGY)

Beddow Capital Management Inc. boosted its holdings in shares of Nestlé S.A. (OTCMKTS:NSRGY) by 7.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 65,658 shares of the company’s stock after purchasing an additional 4,558 shares during the quarter. Nestlé makes up approximately 2.2% of Beddow Capital Management Inc.’s portfolio, making the stock its 19th biggest holding. Beddow Capital Management Inc.’s holdings in Nestlé were worth $5,364,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Sustainable Growth Advisers LP increased its holdings in shares of Nestlé by 60.2% in the 4th quarter. Sustainable Growth Advisers LP now owns 74,622 shares of the company’s stock valued at $6,097,000 after acquiring an additional 28,040 shares during the last quarter. Douglass Winthrop Advisors LLC increased its holdings in shares of Nestlé by 2.5% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 1,036,741 shares of the company’s stock valued at $104,417,000 after acquiring an additional 24,826 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. bought a new stake in shares of Nestlé in the 4th quarter valued at approximately $1,932,000. Saybrook Capital NC increased its holdings in shares of Nestlé by 19.5% in the 4th quarter. Saybrook Capital NC now owns 75,741 shares of the company’s stock valued at $6,188,000 after acquiring an additional 12,340 shares during the last quarter. Finally, Mengis Capital Management Inc. increased its holdings in shares of Nestlé by 51.0% in the 4th quarter. Mengis Capital Management Inc. now owns 33,445 shares of the company’s stock valued at $2,732,000 after acquiring an additional 11,295 shares during the last quarter. 0.61% of the stock is currently owned by hedge funds and other institutional investors.

Nestlé Trading Up 0.0 %

OTCMKTS:NSRGY opened at $103.55 on Friday. Nestlé S.A. has a 1 year low of $80.11 and a 1 year high of $110.46. The business has a fifty day moving average of $91.70 and a 200-day moving average of $91.88. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.85 and a quick ratio of 0.52.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on NSRGY shares. BNP Paribas upgraded Nestlé from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. The Goldman Sachs Group upgraded Nestlé to a “strong-buy” rating in a research note on Tuesday, December 17th. Royal Bank of Canada downgraded Nestlé from an “outperform” rating to a “sector perform” rating in a research note on Friday. Jefferies Financial Group downgraded Nestlé from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th. Finally, Morgan Stanley upgraded Nestlé from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Nestlé Profile

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.