Moody Lynn & Lieberson LLC Reduces Stock Position in Nestlé S.A. (OTCMKTS:NSRGY)

Moody Lynn & Lieberson LLC decreased its position in shares of Nestlé S.A. (OTCMKTS:NSRGY) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,253 shares of the company’s stock after selling 1,063 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Nestlé were worth $838,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Brooklyn Investment Group purchased a new position in Nestlé during the 3rd quarter valued at about $36,000. First Horizon Advisors Inc. increased its stake in shares of Nestlé by 251.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,288 shares of the company’s stock worth $130,000 after purchasing an additional 922 shares in the last quarter. Front Row Advisors LLC raised its position in shares of Nestlé by 421.4% during the 2nd quarter. Front Row Advisors LLC now owns 2,336 shares of the company’s stock worth $239,000 after purchasing an additional 1,888 shares during the last quarter. GAMMA Investing LLC lifted its stake in Nestlé by 28.1% in the 3rd quarter. GAMMA Investing LLC now owns 3,180 shares of the company’s stock valued at $320,000 after buying an additional 698 shares in the last quarter. Finally, Eagle Bay Advisors LLC acquired a new stake in Nestlé during the 3rd quarter valued at $365,000. Institutional investors and hedge funds own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group raised Nestlé to a “strong-buy” rating in a report on Tuesday, December 17th. BNP Paribas raised shares of Nestlé from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Citigroup cut shares of Nestlé from a “buy” rating to a “neutral” rating in a research note on Thursday, October 3rd. Morgan Stanley raised shares of Nestlé from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, November 27th. Finally, Royal Bank of Canada upgraded shares of Nestlé from a “sector perform” rating to an “outperform” rating in a research report on Friday, October 18th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Nestlé presently has an average rating of “Hold”.

Nestlé Stock Performance

NSRGY opened at $82.45 on Friday. Nestlé S.A. has a 12 month low of $80.11 and a 12 month high of $115.91. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.52 and a current ratio of 0.85. The business has a 50-day moving average of $83.53 and a two-hundred day moving average of $94.51.

About Nestlé

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.