Mar Vista Investment Partners LLC Has $4.51 Million Stock Position in Nestlé S.A. (OTCMKTS:NSRGY)

Mar Vista Investment Partners LLC lessened its position in Nestlé S.A. (OTCMKTS:NSRGY - Free Report) by 4.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 55,214 shares of the company's stock after selling 2,401 shares during the period. Mar Vista Investment Partners LLC's holdings in Nestlé were worth $4,511,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Flagship Wealth Advisors LLC acquired a new position in Nestlé during the 4th quarter worth about $33,000. Thompson Investment Management Inc. acquired a new stake in shares of Nestlé in the fourth quarter valued at approximately $33,000. Kohmann Bosshard Financial Services LLC bought a new position in Nestlé in the 4th quarter worth approximately $45,000. Murphy & Mullick Capital Management Corp acquired a new position in Nestlé during the 4th quarter worth $49,000. Finally, Nisa Investment Advisors LLC acquired a new stake in shares of Nestlé in the 4th quarter valued at $386,000. Institutional investors own 0.61% of the company's stock.

Nestlé Stock Performance

NSRGY traded down $2.01 during trading on Monday, reaching $103.42. The company had a trading volume of 289,679 shares, compared to its average volume of 850,507. The business's fifty day moving average price is $101.36 and its 200 day moving average price is $92.19. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.52 and a current ratio of 0.85. Nestlé S.A. has a 12 month low of $80.11 and a 12 month high of $110.46.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Morgan Stanley cut Nestlé from an "equal weight" rating to an "underweight" rating and set a $91.00 price target on the stock. in a report on Friday, April 4th. BNP Paribas lowered shares of Nestlé from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Royal Bank of Canada lowered shares of Nestlé from an "outperform" rating to a "sector perform" rating in a report on Friday, March 21st. Finally, Jefferies Financial Group downgraded Nestlé from a "hold" rating to an "underperform" rating in a research note on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $91.00.

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.