1 week Ago By ABMN Staff
Orion Portfolio Solutions LLC cut its holdings in shares of Nomad Foods Limited ( NYSE:NOMD – Free Report ) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,224 shares of the company’s stock after selling 2,464 shares during the period.
Orion Portfolio Solutions LLC’s holdings in Nomad Foods were worth $608,000 at the end of the most recent quarter. A number of other institutional investors have also recently added to or reduced their stakes in the business. HighTower Advisors LLC acquired a new position in Nomad Foods during the 3rd quarter worth about $218,000.
State Street Corp lifted its stake in shares of Nomad Foods by 0.6% in the third quarter. State Street Corp now owns 182,004 shares of the company’s stock worth $3,469,000 after acquiring an additional 1,018 shares during the period.
Wellington Management Group LLP lifted its stake in shares of Nomad Foods by 2.1% in the third quarter. Wellington Management Group LLP now owns 1,906,862 shares of the company’s stock worth $36,345,000 after acquiring an additional 39,739 shares during the period.
XTX Topco Ltd bought a new stake in Nomad Foods in the third quarter valued at approximately $219,000. Finally, Nomura Asset Management Co. Ltd.
increased its position in Nomad Foods by 61.5% during the 3rd quarter. Nomura Asset Management Co.
Ltd. now owns 2,100 shares of the company’s stock valued at $40,000 after purchasing an additional 800 shares during the period. 75.
26% of the stock is owned by institutional investors. Analysts Set New Price Targets A number of research firms have recently commented on NOMD. Barclays upped their price objective on shares of Nomad Foods from $19.
00 to $23.00 and gave the company an “overweight” rating in a research note on Monday, March 3rd. Mizuho increased their price target on Nomad Foods from $24.
00 to $26.00 and gave the stock an “outperform” rating in a report on Tuesday, March 4th. Nomad Foods Stock Performance Shares of NOMD stock opened at $18.
83 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 1.
20 and a debt-to-equity ratio of 0.79. Nomad Foods Limited has a 52 week low of $15.
43 and a 52 week high of $20.81. The firm has a 50 day moving average of $18.
95 and a 200-day moving average of $17.95. The company has a market cap of $2.
89 billion, a price-to-earnings ratio of 14.16 and a beta of 0.83.
Nomad Foods Increases Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Monday, February 10th were paid a $0.17 dividend.
This is an increase from Nomad Foods’s previous quarterly dividend of $0.15. This represents a $0.
68 annualized dividend and a yield of 3.61%. The ex-dividend date was Monday, February 10th.
Nomad Foods’s payout ratio is 45.03%. About Nomad Foods ( Free Report ) Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally.
The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers. See Also Receive News & Ratings for Nomad Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nomad Foods and related companies with MarketBeat.com's FREE daily email newsletter .
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