Berkshire Asset Management LLC PA Acquires Shares of 10,697 Nestle SA (NSRGY)

Berkshire Asset Management LLC PA acquired a new position in Nestle SA (OTCMKTS:NSRGY) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 10,697 shares of the company’s stock, valued at approximately $920,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NSRGY. Parametric Portfolio Associates LLC raised its stake in shares of Nestle by 9.3% during the third quarter. Parametric Portfolio Associates LLC now owns 1,831,524 shares of the company’s stock valued at $153,866,000 after acquiring an additional 156,274 shares in the last quarter. Madison Investment Holdings Inc. raised its stake in shares of Nestle by 28.9% during the third quarter. Madison Investment Holdings Inc. now owns 370,912 shares of the company’s stock valued at $31,160,000 after acquiring an additional 83,054 shares in the last quarter. Griffin Asset Management Inc. raised its stake in shares of Nestle by 79.9% during the third quarter. Griffin Asset Management Inc. now owns 29,286 shares of the company’s stock valued at $2,460,000 after acquiring an additional 13,009 shares in the last quarter. Lenox Wealth Management Inc. raised its stake in shares of Nestle by 46.6% during the third quarter. Lenox Wealth Management Inc. now owns 36,483 shares of the company’s stock valued at $3,064,000 after acquiring an additional 11,595 shares in the last quarter. Finally, Windward Capital Management Co. CA raised its stake in shares of Nestle by 93.9% during the fourth quarter. Windward Capital Management Co. CA now owns 20,555 shares of the company’s stock valued at $1,768,000 after acquiring an additional 9,956 shares in the last quarter. 1.29% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research raised shares of Nestle from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd.

Shares of Nestle SA (NSRGY) traded up $0.08 during trading hours on Wednesday, reaching $86.28. 295,617 shares of the company were exchanged, compared to its average volume of 434,462. Nestle SA has a 52 week low of $72.00 and a 52 week high of $89.40. The company has a quick ratio of 0.53, a current ratio of 0.79 and a debt-to-equity ratio of 0.18.

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Nestle Profile

Nestle SA is a nutrition, health and wellness company. The Company’s segments are Zone Europe, Middle East and North Africa (EMENA); Zone Americas (AMS); Zone Asia, Oceania and sub-Saharan Africa (AOA); Nestle Waters; Nestle Nutrition, and Other Businesses. The Company operates in the United States, Greater China Region, Switzerland and Rest of the World.

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Institutional Ownership by Quarter for Nestle (OTCMKTS:NSRGY)

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