NESTLE S A/S (NSRGY) Shares Bought by Horrell Capital Management Inc.

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Horrell Capital Management Inc. boosted its holdings in NESTLE S A/S (OTCMKTS:NSRGY) by 0.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,167 shares of the company’s stock after acquiring an additional 138 shares during the quarter. NESTLE S A/S comprises approximately 1.5% of Horrell Capital Management Inc.’s portfolio, making the stock its 28th biggest holding. Horrell Capital Management Inc.’s holdings in NESTLE S A/S were worth $2,970,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in NESTLE S A/S by 4.4% in the fourth quarter. Fisher Asset Management LLC now owns 3,409,857 shares of the company’s stock valued at $276,026,000 after purchasing an additional 144,155 shares during the last quarter. Confluence Investment Management LLC grew its holdings in NESTLE S A/S by 75.3% in the fourth quarter. Confluence Investment Management LLC now owns 1,317,150 shares of the company’s stock valued at $106,636,000 after purchasing an additional 565,600 shares during the last quarter. Douglass Winthrop Advisors LLC grew its holdings in NESTLE S A/S by 1.1% in the first quarter. Douglass Winthrop Advisors LLC now owns 791,943 shares of the company’s stock valued at $75,488,000 after purchasing an additional 8,396 shares during the last quarter. Lodestar Investment Counsel LLC IL grew its holdings in NESTLE S A/S by 1.3% in the fourth quarter. Lodestar Investment Counsel LLC IL now owns 316,715 shares of the company’s stock valued at $25,641,000 after purchasing an additional 4,015 shares during the last quarter. Finally, Beach Investment Counsel Inc. PA grew its holdings in NESTLE S A/S by 92.2% in the fourth quarter. Beach Investment Counsel Inc. PA now owns 219,553 shares of the company’s stock valued at $19,154,000 after purchasing an additional 105,350 shares during the last quarter.

A number of research firms recently commented on NSRGY. Zacks Investment Research raised NESTLE S A/S from a “sell” rating to a “hold” rating in a research note on Tuesday, April 2nd. Societe Generale began coverage on NESTLE S A/S in a research note on Tuesday, January 29th. They set a “buy” rating on the stock. Barclays began coverage on NESTLE S A/S in a research note on Wednesday, April 10th. They set an “overweight” rating on the stock. Bank of America began coverage on NESTLE S A/S in a research note on Friday, April 5th. They set a “buy” rating on the stock. Finally, UBS Group raised NESTLE S A/S from a “neutral” rating to a “buy” rating in a research note on Thursday, January 3rd. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $96.50.

OTCMKTS NSRGY traded up $0.16 during trading hours on Tuesday, hitting $94.94. 654,687 shares of the company’s stock were exchanged, compared to its average volume of 460,931. NESTLE S A/S has a 12-month low of $73.59 and a 12-month high of $96.99. The company has a market capitalization of $291.11 billion, a PE ratio of 28.17, a price-to-earnings-growth ratio of 2.46 and a beta of 0.53. The company has a current ratio of 0.95, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44.

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NESTLE S A/S Company Profile

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone Europe, Middle East and North Africa; Zone Americas; Zone Asia, Oceania and sub-Saharan Africa; and Nestlé Waters segments. It offers baby foods under the Cerelac, Gerber, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Nestle L'atelier, Nestle Toll House, Milkybar, Smarties, Quality Street, Aero, Garoto, Orion, and Cailler brands.

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Institutional Ownership by Quarter for NESTLE S A/S (OTCMKTS:NSRGY)

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