FineMark National Bank & Trust bought a new position in NESTLE S A/S (OTCMKTS:NSRGY) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,245 shares of the company’s stock, valued at approximately $439,000.
Several other large investors have also modified their holdings of the company. Benedict Financial Advisors Inc. grew its position in shares of NESTLE S A/S by 4.5% during the 2nd quarter. Benedict Financial Advisors Inc. now owns 14,575 shares of the company’s stock worth $1,129,000 after buying an additional 622 shares during the period. Delaney Dennis R grew its holdings in NESTLE S A/S by 2.0% during the third quarter. Delaney Dennis R now owns 33,104 shares of the company’s stock valued at $2,755,000 after purchasing an additional 660 shares during the period. Puzo Michael J grew its holdings in NESTLE S A/S by 0.6% during the second quarter. Puzo Michael J now owns 104,018 shares of the company’s stock valued at $8,055,000 after purchasing an additional 666 shares during the period. Broderick Brian C grew its holdings in NESTLE S A/S by 0.7% during the third quarter. Broderick Brian C now owns 95,168 shares of the company’s stock valued at $7,917,000 after purchasing an additional 666 shares during the period. Finally, Forbes J M & Co. LLP grew its holdings in NESTLE S A/S by 0.8% during the second quarter. Forbes J M & Co. LLP now owns 85,204 shares of the company’s stock valued at $6,597,000 after purchasing an additional 671 shares during the period. Institutional investors own 1.37% of the company’s stock.
Shares of NSRGY opened at $84.37 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.57 and a current ratio of 0.80. NESTLE S A/S has a twelve month low of $73.59 and a twelve month high of $87.85. The company has a market capitalization of $261.98 billion, a price-to-earnings ratio of 24.74, a P/E/G ratio of 2.30 and a beta of 0.46.
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NESTLE S A/S Company Profile
Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone Europe, Middle East and North Africa; Zone Americas; Zone Asia, Oceania and sub-Saharan Africa; Nestlé Waters; and Nestlé Nutrition segments. It offers baby foods under the Cerelac, Gerber, Gerber Graduates, NaturNes, and Nestum brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Chocapic, Cini Minis, Cookie Crisp, Estrelitas, Fitness, and Nesquik Cereal brands; and chocolate and confectionery products under the Smarties, Cailler, Butterfinger, Crunch, Aero, KitKat, Nestle Toll House, Wonka, and Orion brands.
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