Cadinha & Co. LLC cut its stake in Nestle SA (OTCMKTS:NSRGY) by 20.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,740 shares of the company’s stock after selling 950 shares during the period. Cadinha & Co. LLC’s holdings in Nestle were worth $313,000 at the end of the most recent reporting period.
Separately, SevenBridge Financial Group LLC increased its position in shares of Nestle by 4.7% during the third quarter. SevenBridge Financial Group LLC now owns 19,775 shares of the company’s stock valued at $1,661,000 after acquiring an additional 895 shares in the last quarter. 1.30% of the stock is currently owned by institutional investors and hedge funds.
Nestle SA (OTCMKTS NSRGY) traded down $0.33 during trading hours on Thursday, reaching $86.31. 207,200 shares of the company’s stock were exchanged, compared to its average volume of 308,193. The company has a quick ratio of 0.53, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. Nestle SA has a fifty-two week low of $66.93 and a fifty-two week high of $89.40.
Nestle Company Profile
Nestle SA is a nutrition, health and wellness company. The Company’s segments are Zone Europe, Middle East and North Africa (EMENA); Zone Americas (AMS); Zone Asia, Oceania and sub-Saharan Africa (AOA); Nestle Waters; Nestle Nutrition, and Other Businesses. The Company operates in the United States, Greater China Region, Switzerland and Rest of the World.
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