Tradition Capital Management LLC purchased a new stake in shares of Nestle SA (OTCMKTS:NSRGY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 43,721 shares of the company’s stock, valued at approximately $3,758,000.

A number of other hedge funds have also recently bought and sold shares of NSRGY. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in shares of Nestle in the fourth quarter worth about $202,000. Stonebridge Capital Advisors LLC purchased a new stake in shares of Nestle in the third quarter worth about $224,000. White Lighthouse Investment Management Inc. purchased a new stake in shares of Nestle in the fourth quarter worth about $228,000. Harbor Advisory Corp MA purchased a new stake in shares of Nestle in the fourth quarter worth about $365,000. Finally, Hikari Tsushin Inc. purchased a new stake in shares of Nestle in the third quarter worth about $539,000. 1.38% of the stock is owned by hedge funds and other institutional investors.

Shares of Nestle SA (OTCMKTS:NSRGY) opened at $81.38 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.53 and a current ratio of 0.79. Nestle SA has a 1 year low of $72.05 and a 1 year high of $89.40.

Separately, Zacks Investment Research raised Nestle from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd.

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Nestle 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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Institutional Ownership by Quarter for Nestle (OTCMKTS:NSRGY)

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