SVA Plumb Wealth Management LLC Boosts Holdings in NESTLE S A/S (NSRGY)

SVA Plumb Wealth Management LLC boosted its stake in NESTLE S A/S (OTCMKTS:NSRGY) by 0.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 52,714 shares of the company’s stock after purchasing an additional 106 shares during the quarter. SVA Plumb Wealth Management LLC’s holdings in NESTLE S A/S were worth $5,025,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Capital Insight Partners LLC grew its holdings in shares of NESTLE S A/S by 1.3% during the first quarter. Capital Insight Partners LLC now owns 9,253 shares of the company’s stock valued at $882,000 after buying an additional 116 shares during the last quarter. Roosevelt Investment Group Inc. grew its holdings in shares of NESTLE S A/S by 1.5% during the fourth quarter. Roosevelt Investment Group Inc. now owns 8,240 shares of the company’s stock valued at $667,000 after buying an additional 125 shares during the last quarter. Page Arthur B grew its holdings in shares of NESTLE S A/S by 0.4% during the fourth quarter. Page Arthur B now owns 32,582 shares of the company’s stock valued at $2,638,000 after buying an additional 135 shares during the last quarter. Horrell Capital Management Inc. grew its holdings in shares of NESTLE S A/S by 0.4% during the first quarter. Horrell Capital Management Inc. now owns 31,167 shares of the company’s stock valued at $2,970,000 after buying an additional 138 shares during the last quarter. Finally, Fayerweather Charles grew its holdings in shares of NESTLE S A/S by 0.6% during the fourth quarter. Fayerweather Charles now owns 24,355 shares of the company’s stock valued at $1,972,000 after buying an additional 140 shares during the last quarter. Institutional investors and hedge funds own 1.38% of the company’s stock.

Shares of NSRGY traded up $0.43 during trading hours on Wednesday, reaching $97.05. 44,859 shares of the stock traded hands, compared to its average volume of 566,947. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.95 and a quick ratio of 0.74. NESTLE S A/S has a 52 week low of $73.59 and a 52 week high of $97.00. The firm has a market capitalization of $297.26 billion, a P/E ratio of 28.80, a PEG ratio of 2.51 and a beta of 0.54.

A number of research analysts have recently issued reports on NSRGY shares. Societe Generale started coverage on shares of NESTLE S A/S in a report on Tuesday, January 29th. They set a “buy” rating for the company. Berenberg Bank upgraded shares of NESTLE S A/S from a “hold” rating to a “buy” rating in a report on Thursday, January 24th. Royal Bank of Canada cut shares of NESTLE S A/S from an “outperform” rating to a “sector perform” rating in a report on Tuesday, February 19th. Bank of America started coverage on shares of NESTLE S A/S in a report on Friday, April 5th. They set a “buy” rating for the company. Finally, Zacks Investment Research upgraded shares of NESTLE S A/S from a “hold” rating to a “buy” rating and set a $107.00 price objective for the company in a report on Wednesday, May 1st. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $103.50.

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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; 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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