Nestle SA $NSRGY Stock Holdings Increased by Douglas Lane & Associates LLC

Key Points

• Douglas Lane & Associates LLC raised its Nestlé SA (NSRGY) holding by 3.6% in Q4, adding 33,232 shares to reach 957,576 shares worth roughly $95.17 million, making Nestlé its 18th-largest position.
• NSRGY trades near $100.05 (52-week range $86.98–$109.59) and shows constrained liquidity and moderate leverage with a current ratio of 0.79, quick ratio of 0.47 and debt-to-equity of 1.40.
• Analyst coverage is mixed with a consensus "Hold" rating (one Buy, two Hold, one Sell), including recent notes of "underweight" from Morgan Stanley and "hold" from Jefferies.

Douglas Lane & Associates LLC raised its holdings in shares of Nestle SA (OTCMKTS:NSRGY - Free Report) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 957,576 shares of the company's stock after acquiring an additional 33,232 shares during the period. Nestle makes up 1.3% of Douglas Lane & Associates LLC's holdings, making the stock its 18th largest position. Douglas Lane & Associates LLC's holdings in Nestle were worth $95,171,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in NSRGY. IHT Wealth Management LLC bought a new stake in Nestle during the 2nd quarter valued at $213,000. Saybrook Capital NC raised its stake in Nestle by 1.1% during the 3rd quarter. Saybrook Capital NC now owns 76,147 shares of the company's stock valued at $6,988,000 after acquiring an additional 813 shares in the last quarter. Diversified Trust Co raised its stake in Nestle by 281.9% during the 3rd quarter. Diversified Trust Co now owns 13,234 shares of the company's stock valued at $1,215,000 after acquiring an additional 9,769 shares in the last quarter. Salomon & Ludwin LLC increased its position in shares of Nestle by 412.6% during the 3rd quarter. Salomon & Ludwin LLC now owns 933 shares of the company's stock valued at $87,000 after purchasing an additional 751 shares during the period. Finally, Kingswood Wealth Advisors LLC acquired a new position in shares of Nestle during the 3rd quarter valued at $252,000. Institutional investors own 0.61% of the company's stock.

Nestle Stock Up 0.0%

Shares of NSRGY stock opened at $100.05 on Friday. Nestle SA has a 1 year low of $86.98 and a 1 year high of $109.59. The business's fifty day moving average is $101.13 and its 200-day moving average is $98.33. The company has a current ratio of 0.79, a quick ratio of 0.47 and a debt-to-equity ratio of 1.40.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NSRGY. Morgan Stanley reiterated an "underweight" rating on shares of Nestle in a research report on Thursday, February 12th. Jefferies Financial Group reiterated a "hold" rating on shares of Nestle in a research report on Monday, February 23rd. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold".

Nestle Company Profile

Nestlé SA is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland. Founded in 1866 by Henri Nestlé, the company has grown into a global consumer goods firm and its American depositary receipts trade in the United States under the OTCMKTS ticker NSRGY. Nestlé operates across a broad range of food and beverage categories and is widely recognized for its portfolio of consumer-facing brands and products.

The company's main business activities include the manufacture, marketing and distribution of products in categories such as coffee and other beverages, bottled water, dairy and infant nutrition, prepared meals and culinary products, confectionery, and pet care.

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