Bradley Foster & Sargent Inc. CT cut its stake in Nestle SA (OTCMKTS:NSRGY) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 538,187 shares of the company’s stock after selling 2,121 shares during the quarter. Nestle makes up about 1.7% of Bradley Foster & Sargent Inc. CT’s investment portfolio, making the stock its 10th biggest position. Bradley Foster & Sargent Inc. CT’s holdings in Nestle were worth $46,268,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Deroy & Devereaux Private Investment Counsel Inc. purchased a new position in Nestle in the fourth quarter valued at $202,000. Stonebridge Capital Advisors LLC purchased a new stake in Nestle during the 3rd quarter worth about $224,000. White Lighthouse Investment Management Inc. purchased a new stake in Nestle during the 4th quarter worth about $228,000. Harbor Advisory Corp MA purchased a new stake in Nestle during the 4th quarter worth about $365,000. Finally, Hikari Tsushin Inc. purchased a new stake in Nestle during the 3rd quarter worth about $539,000. Hedge funds and other institutional investors own 1.38% of the company’s stock.
Shares of Nestle SA (OTCMKTS:NSRGY) opened at $82.29 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. Nestle SA has a fifty-two week low of $72.05 and a fifty-two week high of $89.40.
COPYRIGHT VIOLATION NOTICE: This report was originally posted by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another publication, it was illegally copied and republished in violation of U.S. and international trademark and copyright laws. The original version of this report can be accessed at https://www.com-unik.info/2018/02/08/nestle-sa-nsrgy-is-bradley-foster-sargent-inc-cts-10th-largest-position.html.
Nestle Company 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.
Want to see what other hedge funds are holding NSRGY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nestle SA (OTCMKTS:NSRGY).
Receive News & Ratings for Nestle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestle and related companies with MarketBeat.com's FREE daily email newsletter.