Murphy & Mullick Capital Management Corp Invests $49,000 in Nestlé S.A. (OTCMKTS:NSRGY)

Murphy & Mullick Capital Management Corp bought a new stake in shares of Nestlé S.A. (OTCMKTS:NSRGY) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 601 shares of the company’s stock, valued at approximately $49,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of NSRGY. Brooklyn Investment Group purchased a new position in shares of Nestlé in the third quarter valued at $36,000. Thompson Investment Management Inc. bought a new position in Nestlé during the fourth quarter valued at $33,000. Flagship Wealth Advisors LLC purchased a new position in shares of Nestlé in the 4th quarter worth $33,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Nestlé in the 4th quarter worth about $45,000. Finally, Raelipskie Partnership raised its position in shares of Nestlé by 6.1% during the 4th quarter. Raelipskie Partnership now owns 17,226 shares of the company’s stock valued at $1,407,000 after buying an additional 990 shares in the last quarter. 0.61% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Nestlé Stock Up 1.4 %

OTCMKTS:NSRGY opened at $101.81 on Friday. The stock has a fifty day simple moving average of $93.30 and a 200-day simple moving average of $91.77. The company has a current ratio of 0.85, a quick ratio of 0.52 and a debt-to-equity ratio of 1.63. Nestlé S.A. has a twelve month low of $80.11 and a twelve month high of $110.46.

Nestlé Profile

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.