Clean Yield Group Has $163,000 Stock Holdings in Nomad Foods Limited (NYSE:NOMD)

Clean Yield Group lessened its position in Nomad Foods Limited (NYSE:NOMD - Free Report) by 70.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,272 shares of the company's stock after selling 20,182 shares during the period. Clean Yield Group's holdings in Nomad Foods were worth $163,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of NOMD. Blue Trust Inc. lifted its holdings in Nomad Foods by 70.6% in the 4th quarter. Blue Trust Inc. now owns 3,500 shares of the company's stock valued at $59,000 after acquiring an additional 1,448 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Nomad Foods in the 4th quarter worth approximately $62,000. Parkside Financial Bank & Trust lifted its stake in Nomad Foods by 21.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 3,757 shares of the company's stock valued at $63,000 after purchasing an additional 670 shares during the last quarter. Headlands Technologies LLC acquired a new stake in Nomad Foods during the fourth quarter valued at approximately $76,000. Finally, Tower Research Capital LLC TRC boosted its holdings in Nomad Foods by 13,508.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,396 shares of the company's stock worth $107,000 after buying an additional 6,349 shares in the last quarter. Institutional investors own 75.26% of the company's stock.

Nomad Foods Trading Up 1.9%

Nomad Foods stock traded up $0.33 during midday trading on Monday, reaching $17.37. The stock had a trading volume of 1,231,655 shares, compared to its average volume of 664,789. Nomad Foods Limited has a twelve month low of $15.43 and a twelve month high of $20.81. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.20 and a quick ratio of 0.72. The firm has a market cap of $2.66 billion, a price-to-earnings ratio of 13.06 and a beta of 0.75. The firm's fifty day simple moving average is $18.66 and its two-hundred day simple moving average is $18.22.

Nomad Foods (NYSE:NOMD - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.04). Nomad Foods had a net margin of 6.54% and a return on equity of 10.38%. The business had revenue of $822.31 million during the quarter, compared to analysts' expectations of $769.39 million. During the same quarter in the previous year, the company earned $0.37 EPS. Nomad Foods's revenue for the quarter was down 3.0% on a year-over-year basis. Equities analysts anticipate that Nomad Foods Limited will post 1.82 EPS for the current fiscal year.

Nomad Foods Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Monday, May 12th were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date was Monday, May 12th. Nomad Foods's dividend payout ratio (DPR) is 45.33%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Mizuho increased their price objective on Nomad Foods from $24.00 to $26.00 and gave the company an "outperform" rating in a research report on Tuesday, March 4th. Wall Street Zen downgraded Nomad Foods from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Finally, Barclays lifted their price target on Nomad Foods from $19.00 to $23.00 and gave the stock an "overweight" rating in a research note on Monday, March 3rd.

About Nomad Foods

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.