Gardner Russo & Quinn LLC trimmed its position in shares of Nestlé S.A. (OTCMKTS:NSRGF – Free Report) by 73.9% during the 4th quarter, Holdings Channel reports. The firm owned 10,460 shares of the company’s stock after selling 29,621 shares during the period. Gardner Russo & Quinn LLC’s holdings in Nestlé were worth $864,000 at the end of the most recent reporting period.
Separately, Generali Investments CEE investicni spolecnost a.s. purchased a new position in Nestlé in the 4th quarter worth approximately $2,476,000. 27.22% of the stock is currently owned by institutional investors.
Nestlé Stock Down 0.0 %
Shares of NSRGF opened at $100.01 on Friday. Nestlé S.A. has a 1 year low of $79.55 and a 1 year high of $110.96. The company has a 50 day simple moving average of $93.47 and a two-hundred day simple moving average of $91.67.
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.
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