Delaney Dennis R Has $734,000 Stock Holdings in Nestle SA $NSRGY

Delaney Dennis R lessened its holdings in Nestle SA (OTCMKTS:NSRGY) by 45.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,435 shares of the company’s stock after selling 6,125 shares during the quarter. Delaney Dennis R’s holdings in Nestle were worth $734,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of NSRGY. IHT Wealth Management LLC acquired a new stake in shares of Nestle in the 2nd quarter valued at $213,000. PNC Financial Services Group Inc. boosted its holdings in shares of Nestle by 10.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 4,363 shares of the company’s stock valued at $400,000 after purchasing an additional 418 shares in the last quarter. Studio Investment Management LLC boosted its holdings in shares of Nestle by 4.4% in the 3rd quarter. Studio Investment Management LLC now owns 4,404 shares of the company’s stock valued at $404,000 after purchasing an additional 187 shares in the last quarter. Accent Capital Management LLC boosted its holdings in shares of Nestle by 4.6% in the 3rd quarter. Accent Capital Management LLC now owns 2,345 shares of the company’s stock valued at $215,000 after purchasing an additional 104 shares in the last quarter. Finally, Beddow Capital Management Inc. boosted its holdings in shares of Nestle by 6.6% in the 3rd quarter. Beddow Capital Management Inc. now owns 73,734 shares of the company’s stock valued at $6,767,000 after purchasing an additional 4,544 shares in the last quarter. Institutional investors and hedge funds own 0.61% of the company’s stock.

Nestle Stock Performance

OTCMKTS NSRGY opened at $100.08 on Wednesday. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.79 and a quick ratio of 0.47. Nestle SA has a twelve month low of $86.98 and a twelve month high of $109.59. The business’s fifty day moving average is $99.68 and its 200 day moving average is $99.22.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Jefferies Financial Group reaffirmed a “hold” rating on shares of Nestle in a report on Monday, February 23rd. Morgan Stanley reaffirmed an “underweight” rating on shares of Nestle in a report on Thursday, April 30th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Nestle in a report on Friday, April 24th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

About Nestle

Nestlé SA is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland. Founded in 1866 by Henri Nestlé, the company has grown into a global consumer goods firm and its American depositary receipts trade in the United States under the OTCMKTS ticker NSRGY. Nestlé operates across a broad range of food and beverage categories and is widely recognized for its portfolio of consumer-facing brands and products.

The company’s main business activities include the manufacture, marketing and distribution of products in categories such as coffee and other beverages, bottled water, dairy and infant nutrition, prepared meals and culinary products, confectionery, and pet care.