DF Dent & Co. Inc. Has $588,000 Position in Nestlé S.A. (OTCMKTS:NSRGY)

DF Dent & Co. Inc. grew its position in Nestlé S.A. (OTCMKTS:NSRGY) by 193.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,192 shares of the company’s stock after purchasing an additional 4,742 shares during the period. DF Dent & Co. Inc.’s holdings in Nestlé were worth $588,000 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 bought a new stake in Nestlé during the 4th quarter worth approximately $33,000. Thompson Investment Management Inc. bought a new stake in shares of Nestlé during the fourth quarter worth $33,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Nestlé in the fourth quarter valued at $45,000. Murphy & Mullick Capital Management Corp bought a new position in shares of Nestlé in the fourth quarter valued at about $49,000. Finally, Nisa Investment Advisors LLC acquired a new position in Nestlé during the 4th quarter worth about $386,000. Institutional investors own 0.61% of the company’s stock.

Nestlé Stock Up 3.3 %

Shares of OTCMKTS NSRGY opened at $105.08 on Friday. The company’s 50 day simple moving average is $95.35 and its 200 day simple moving average is $91.72. 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 fifty-two week low of $80.11 and a fifty-two week high of $110.46.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on NSRGY. Royal Bank of Canada downgraded shares of Nestlé from an “outperform” rating to a “sector perform” rating in a research note on Friday, March 21st. BNP Paribas upgraded shares of Nestlé from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. Jefferies Financial Group downgraded Nestlé from a “hold” rating to an “underperform” rating in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group raised Nestlé to a “strong-buy” rating in a research note on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Nestlé presently has a consensus rating of “Hold”.

About Nestlé

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.