Alta Capital Management LLC lowered its holdings in Nestle SA (OTCMKTS:NSRGY) by 5.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,953 shares of the company’s stock after selling 1,180 shares during the period. Alta Capital Management LLC’s holdings in Nestle were worth $1,629,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Stonebridge Capital Advisors LLC bought a new stake in Nestle in the 3rd quarter valued at about $224,000. White Lighthouse Investment Management Inc. bought a new stake in shares of Nestle during the 4th quarter worth approximately $228,000. Hikari Tsushin Inc. bought a new stake in shares of Nestle during the 3rd quarter worth approximately $539,000. Private Trust Co. NA lifted its holdings in shares of Nestle by 7.6% during the 4th quarter. Private Trust Co. NA now owns 8,415 shares of the company’s stock worth $723,000 after acquiring an additional 597 shares during the period. Finally, Berkshire Asset Management LLC PA bought a new stake in shares of Nestle during the 4th quarter worth approximately $920,000. 1.29% of the stock is owned by hedge funds and other institutional investors.
Shares of Nestle SA (OTCMKTS:NSRGY) traded down $0.03 during trading on Thursday, hitting $86.25. 206,737 shares of the stock were exchanged, compared to its average volume of 438,168. Nestle SA has a 12 month low of $72.00 and a 12 month high of $89.40. The company has a quick ratio of 0.53, a current ratio of 0.79 and a debt-to-equity ratio of 0.18.
ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Week Herald and is the sole property of of Week Herald. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of US & international copyright & trademark legislation. The original version of this piece of content can be viewed at https://weekherald.com/2018/01/18/alta-capital-management-llc-sells-1180-shares-of-nestle-sa-nsrgy.html.
Nestle SA is a nutrition, health and wellness company. The Company’s segments are Zone Europe, Middle East and North Africa (EMENA); Zone Americas (AMS); Zone Asia, Oceania and sub-Saharan Africa (AOA); Nestle Waters; Nestle Nutrition, and Other Businesses. The Company operates in the United States, Greater China Region, Switzerland and Rest of the World.
Want to see what other hedge funds are holding NSRGY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nestle SA (OTCMKTS:NSRGY).
Receive News & Ratings for Nestle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestle and related companies with MarketBeat.com's FREE daily email newsletter.