Advisor Partners LLC raised its position in Nestle SA (NASDAQ:NSRGY) by 34.1% during the second quarter, Holdings Channel reports. The fund owned 3,570 shares of the company’s stock after buying an additional 907 shares during the period. Advisor Partners LLC’s holdings in Nestle SA were worth $311,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of NSRGY. Fiduciary Management Inc. WI raised its position in Nestle SA by 51.6% in the first quarter. Fiduciary Management Inc. WI now owns 5,441,527 shares of the company’s stock worth $418,453,000 after buying an additional 1,852,978 shares during the last quarter. Polen Capital Management LLC raised its position in Nestle SA by 10.8% in the first quarter. Polen Capital Management LLC now owns 5,742,173 shares of the company’s stock worth $440,867,000 after buying an additional 561,542 shares during the last quarter. Beach Investment Management LLC. raised its position in Nestle SA by 1,535.1% in the second quarter. Beach Investment Management LLC. now owns 295,549 shares of the company’s stock worth $25,772,000 after buying an additional 277,474 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in Nestle SA by 8.9% in the first quarter. Parametric Portfolio Associates LLC now owns 1,496,099 shares of the company’s stock worth $115,050,000 after buying an additional 122,383 shares during the last quarter. Finally, Staley Capital Advisers Inc. raised its position in Nestle SA by 585.0% in the first quarter. Staley Capital Advisers Inc. now owns 95,210 shares of the company’s stock worth $7,322,000 after buying an additional 81,310 shares during the last quarter.

Nestle SA (NASDAQ:NSRGY) opened at 84.555 on Friday. Nestle SA has a 12-month low of $66.08 and a 12-month high of $89.40. The company’s 50 day moving average price is $86.16 and its 200-day moving average price is $80.04. The firm has a market capitalization of $261.95 billion and a price-to-earnings ratio of 27.302.

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A number of research analysts recently weighed in on NSRGY shares. Zacks Investment Research raised Nestle SA from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a report on Thursday, April 20th. Berenberg Bank lowered Nestle SA from a “buy” rating to a “hold” rating in a report on Wednesday, June 7th. Finally, Sanford C. Bernstein reissued a “hold” rating on shares of Nestle SA in a report on Saturday, June 17th.

About Nestle SA

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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Institutional Ownership by Quarter for Nestle SA (NASDAQ:NSRGY)

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