Scoggin Management LP bought a new stake in shares of Nomad Foods Limited (NYSE:NOMD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,250,000 shares of the company’s stock, valued at approximately $18,213,000. Nomad Foods comprises about 1.9% of Scoggin Management LP’s holdings, making the stock its 8th largest position. Scoggin Management LP owned about 0.73% of Nomad Foods at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in NOMD. Capital Fund Management S.A. purchased a new position in Nomad Foods in the second quarter worth $145,000. Empirical Finance LLC purchased a new position in Nomad Foods in the third quarter worth $152,000. Jane Street Group LLC purchased a new position in Nomad Foods in the third quarter worth $168,000. Balter Liquid Alternatives LLC purchased a new position in Nomad Foods in the second quarter worth $172,000. Finally, Stevens Capital Management LP purchased a new position in Nomad Foods in the third quarter worth $174,000. 72.83% of the stock is currently owned by institutional investors.
Shares of Nomad Foods Limited (NOMD) traded up $0.14 during midday trading on Tuesday, hitting $16.70. The stock had a trading volume of 1,693,800 shares, compared to its average volume of 1,011,310. Nomad Foods Limited has a 1 year low of $9.15 and a 1 year high of $16.90. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.03 and a quick ratio of 0.56. The stock has a market cap of $2,854.20 and a PE ratio of 17.43.
Nomad Foods Profile
Nomad Foods Limited manufactures and distributes frozen foods primarily in the United Kingdom, Italy, Germany, Sweden, France, and Norway. The companys frozen food products include fish, vegetables, poultry products, and ready meals. It sells its products directly or through distribution arrangements to supermarkets and large food retail chains under the Birdseye, Findus, and Iglo brands.
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