Nomad Foods Limited (NYSE:NOMD) Shares Acquired by Fmr LLC

Fmr LLC raised its position in shares of Nomad Foods Limited (NYSE:NOMD) by 0.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,271,917 shares of the company’s stock after buying an additional 4,633 shares during the quarter. Fmr LLC owned about 9.98% of Nomad Foods worth $310,143,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Swedbank AB bought a new stake in shares of Nomad Foods during the 1st quarter valued at about $10,425,000. Assenagon Asset Management S.A. raised its position in shares of Nomad Foods by 123.2% during the 2nd quarter. Assenagon Asset Management S.A. now owns 548,738 shares of the company’s stock worth $9,043,000 after purchasing an additional 302,913 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Nomad Foods during the 2nd quarter worth approximately $251,000. Townsend & Associates Inc lifted its holdings in shares of Nomad Foods by 3.6% in the 3rd quarter. Townsend & Associates Inc now owns 1,539,731 shares of the company’s stock worth $26,976,000 after purchasing an additional 53,694 shares during the last quarter. Finally, Seizert Capital Partners LLC grew its stake in Nomad Foods by 42.7% during the 3rd quarter. Seizert Capital Partners LLC now owns 270,164 shares of the company’s stock worth $5,149,000 after buying an additional 80,807 shares during the last quarter. Institutional investors own 75.26% of the company’s stock.

Nomad Foods Price Performance

Shares of NOMD opened at $18.31 on Friday. Nomad Foods Limited has a one year low of $15.76 and a one year high of $20.05. The stock’s fifty day moving average is $17.77 and its 200-day moving average is $17.92. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.72 and a current ratio of 1.20. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 13.77 and a beta of 0.79.

Nomad Foods Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Friday, November 8th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.28%. Nomad Foods’s dividend payout ratio (DPR) is 45.11%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on NOMD shares. StockNews.com upgraded Nomad Foods from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Nomad Foods from $25.00 to $23.00 and set a “buy” rating on the stock in a research report on Monday, November 4th.

Nomad Foods Company Profile

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.