Nestlé S.A. (OTCMKTS:NSRGY) Shares Sold by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC cut its position in Nestlé S.A. (OTCMKTS:NSRGY) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of NSRGY. Nisa Investment Advisors LLC acquired a new stake in Nestlé during the 4th quarter worth approximately $386,000. Hantz Financial Services Inc. increased its position in shares of Nestlé by 4.1% during the third quarter. Hantz Financial Services Inc. now owns 97,265 shares of the company’s stock worth $9,792,000 after acquiring an additional 3,787 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Nestlé in the third quarter valued at $36,000. Douglass Winthrop Advisors LLC boosted its holdings in Nestlé by 2.5% in the third quarter. Douglass Winthrop Advisors LLC now owns 1,036,741 shares of the company’s stock valued at $104,417,000 after purchasing an additional 24,826 shares during the period. Finally, Canopy Partners LLC grew its stake in Nestlé by 3.0% during the 3rd quarter. Canopy Partners LLC now owns 4,973 shares of the company’s stock worth $501,000 after purchasing an additional 147 shares in the last quarter. Hedge funds and other institutional investors own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

NSRGY has been the topic of a number of recent analyst reports. The Goldman Sachs Group raised shares of Nestlé to a “strong-buy” rating in a research report on Tuesday, December 17th. Jefferies Financial Group cut Nestlé from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th. Royal Bank of Canada raised Nestlé from a “sector perform” rating to an “outperform” rating in a report on Friday, October 18th. Morgan Stanley raised Nestlé from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, November 27th. Finally, BNP Paribas raised Nestlé from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Nestlé Price Performance

OTCMKTS:NSRGY opened at $82.45 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.52 and a debt-to-equity ratio of 1.63. The firm’s fifty day moving average price is $83.53 and its 200 day moving average price is $94.51. Nestlé S.A. has a 1-year low of $80.11 and a 1-year high of $115.91.

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.