Altrius Capital Management Inc Has $6.43 Million Stake in Nestlé S.A. (OTCMKTS:NSRGY)

Altrius Capital Management Inc raised its stake in Nestlé S.A. (OTCMKTS:NSRGY) by 13.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 78,687 shares of the company’s stock after buying an additional 9,381 shares during the quarter. Nestlé comprises approximately 1.7% of Altrius Capital Management Inc’s investment portfolio, making the stock its 22nd biggest position. Altrius Capital Management Inc’s holdings in Nestlé were worth $6,429,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NSRGY. Chartwell Investment Partners LLC boosted its position in shares of Nestlé by 7.1% during the 3rd quarter. Chartwell Investment Partners LLC now owns 49,222 shares of the company’s stock worth $4,958,000 after acquiring an additional 3,271 shares in the last quarter. Mengis Capital Management Inc. increased its stake in shares of Nestlé by 304.3% in the 3rd quarter. Mengis Capital Management Inc. now owns 22,150 shares of the company’s stock valued at $2,230,000 after purchasing an additional 16,671 shares during the last quarter. Beddow Capital Management Inc. raised its holdings in shares of Nestlé by 4.4% during the 3rd quarter. Beddow Capital Management Inc. now owns 61,100 shares of the company’s stock worth $6,151,000 after buying an additional 2,590 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in shares of Nestlé by 251.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,288 shares of the company’s stock valued at $130,000 after acquiring an additional 922 shares during the last quarter. Finally, Studio Investment Management LLC boosted its holdings in shares of Nestlé by 5.4% during the 3rd quarter. Studio Investment Management LLC now owns 3,878 shares of the company’s stock valued at $390,000 after acquiring an additional 200 shares in the last quarter. 0.61% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NSRGY has been the topic of a number of recent research reports. Morgan Stanley raised Nestlé from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, November 27th. The Goldman Sachs Group upgraded Nestlé to a “strong-buy” rating in a report on Tuesday, December 17th. Jefferies Financial Group downgraded shares of Nestlé from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th. Finally, BNP Paribas upgraded shares of Nestlé from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Nestlé presently has a consensus rating of “Hold”.

Nestlé Trading Down 1.1 %

Shares of OTCMKTS:NSRGY opened at $96.56 on Friday. Nestlé S.A. has a 52-week low of $80.11 and a 52-week high of $110.46. The business’s 50 day simple moving average is $85.63 and its two-hundred day simple moving average is $92.26. The company has a current ratio of 0.85, a quick ratio of 0.52 and a debt-to-equity ratio of 1.63.

Nestlé Company 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.