Somerville Kurt F Boosts Stake in NESTLE S A/S (NSRGY)

Somerville Kurt F grew its position in shares of NESTLE S A/S (OTCMKTS:NSRGY) by 0.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 163,018 shares of the company’s stock after acquiring an additional 1,254 shares during the quarter. NESTLE S A/S comprises approximately 2.8% of Somerville Kurt F’s holdings, making the stock its 14th largest holding. Somerville Kurt F’s holdings in NESTLE S A/S were worth $12,623,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quadrant Capital Group LLC boosted its position in shares of NESTLE S A/S by 11.1% during the 1st quarter. Quadrant Capital Group LLC now owns 11,730 shares of the company’s stock valued at $911,000 after acquiring an additional 1,172 shares during the last quarter. Jolley Asset Management LLC bought a new stake in NESTLE S A/S in the second quarter worth $849,000. Scout Investments Inc. lifted its position in NESTLE S A/S by 10.7% in the first quarter. Scout Investments Inc. now owns 245,072 shares of the company’s stock worth $19,353,000 after buying an additional 23,675 shares during the last quarter. Motco lifted its position in NESTLE S A/S by 2.6% in the first quarter. Motco now owns 39,226 shares of the company’s stock worth $3,098,000 after buying an additional 1,009 shares during the last quarter. Finally, Hikari Power Ltd lifted its position in NESTLE S A/S by 28.9% in the first quarter. Hikari Power Ltd now owns 63,030 shares of the company’s stock worth $4,983,000 after buying an additional 14,140 shares during the last quarter. Hedge funds and other institutional investors own 1.36% of the company’s stock.

NSRGY stock traded up $0.46 during midday trading on Monday, reaching $82.02. The company’s stock had a trading volume of 148,861 shares, compared to its average volume of 504,096. The company has a quick ratio of 0.64, a current ratio of 0.89 and a debt-to-equity ratio of 0.25. NESTLE S A/S has a 1 year low of $73.59 and a 1 year high of $87.85. The firm has a market cap of $253.81 billion, a price-to-earnings ratio of 24.05, a PEG ratio of 2.94 and a beta of 0.57.



A number of analysts recently issued reports on NSRGY shares. JPMorgan Chase & Co. restated a “buy” rating on shares of NESTLE S A/S in a research report on Monday, June 11th. Zacks Investment Research upgraded NESTLE S A/S from a “sell” rating to a “hold” rating in a research report on Wednesday, July 11th. ValuEngine upgraded NESTLE S A/S from a “sell” rating to a “hold” rating in a research report on Thursday, July 5th. Finally, UBS Group restated a “neutral” rating on shares of NESTLE S A/S in a research report on Wednesday, May 30th.

NESTLE S A/S 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; Nestlé Waters; and Nestlé Nutrition segments. It offers baby foods under the Cerelac, Gerber, Gerber Graduates, NaturNes, and Nestum brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Chocapic, Cini Minis, Cookie Crisp, Estrelitas, Fitness, and Nesquik Cereal brands; and chocolate and confectionery products under the Smarties, Cailler, Butterfinger, Crunch, Aero, KitKat, Nestle Toll House, Wonka, and Orion brands.

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

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