S.A. Mason LLC Sells 100 Shares of Nestlé S.A. (OTCMKTS:NSRGY)

S.A. Mason LLC cut its position in shares of Nestlé S.A. (OTCMKTS:NSRGY) by 1.6% during the 4th quarter, Holdings Channel reports. The firm owned 6,140 shares of the company’s stock after selling 100 shares during the quarter. S.A. Mason LLC’s holdings in Nestlé were worth $710,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Canton Hathaway LLC bought a new position in Nestlé in the 3rd quarter worth about $35,000. Vestor Capital LLC purchased a new position in Nestlé during the second quarter valued at approximately $36,000. First Horizon Advisors Inc. lifted its stake in Nestlé by 30.8% in the 3rd quarter. First Horizon Advisors Inc. now owns 510 shares of the company’s stock worth $58,000 after purchasing an additional 120 shares in the last quarter. Operose Advisors LLC purchased a new position in shares of Nestlé during the 3rd quarter valued at $82,000. Finally, Fishman Jay A Ltd. MI purchased a new stake in shares of Nestlé in the second quarter worth $223,000. 0.61% of the stock is owned by institutional investors.

Nestlé Stock Performance

Shares of Nestlé stock opened at $106.02 on Thursday. The company has a fifty day moving average of $109.28 and a 200-day moving average of $111.87. Nestlé S.A. has a 52-week low of $103.10 and a 52-week high of $131.64. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.26.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. BNP Paribas cut Nestlé from a “neutral” rating to an “underperform” rating in a report on Tuesday, January 9th. Royal Bank of Canada raised Nestlé from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, February 27th. Finally, Jefferies Financial Group lowered Nestlé from a “hold” rating to an “underperform” rating in a research report on Monday, December 11th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $153.00.

Nestlé Profile

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.