Boston Common Asset Management LLC Invests $20.90 Million in Nestlé S.A. $NSRGF

Boston Common Asset Management LLC purchased a new stake in Nestlé S.A. (OTCMKTS:NSRGF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 227,519 shares of the company’s stock, valued at approximately $20,895,000.

Nestlé Trading Down 3.2%

OTCMKTS:NSRGF opened at $90.84 on Thursday. The firm’s fifty day moving average price is $97.42 and its two-hundred day moving average price is $95.18. Nestlé S.A. has a one year low of $81.05 and a one year high of $109.35.

Nestlé Profile

Nestlé SA is a Swiss multinational food and beverage company known for a diverse portfolio of products spanning powdered and liquid beverages, dairy products, infant nutrition, pet care, confectionery, bottled water and prepared foods. The company’s well-recognized brands include Nescafé, Nespresso, KitKat, Purina, Gerber, Maggi and Perrier. Nestlé also operates in specialized nutrition and health science, offering medical-nutrition products and weight-management solutions through its Nutrition division.

Founded in 1866 by pharmacist Henri Nestlé, the company’s origins trace back to the invention of “Farine Lactée,” an early infant cereal.