Gardner Russo & Quinn LLC Reduces Stock Position in Nestlé S.A. (OTCMKTS:NSRGF)

Gardner Russo & Quinn LLC cut its stake in shares of Nestlé S.A. (OTCMKTS:NSRGF) by 73.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing.

Separately, Generali Investments CEE investicni spolecnost a.s. bought a new position in Nestlé in the fourth quarter worth approximately $2,476,000. Institutional investors and hedge funds own 27.22% of the company’s stock.

Nestlé Trading Down 0.0 %

Shares of Nestlé stock 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’s fifty day simple moving average is $93.47 and its 200-day simple moving average is $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.