Natixis Advisors LLC Has $1.37 Million Stock Holdings in Nomad Foods Limited (NYSE:NOMD)

Natixis Advisors LLC lifted its position in shares of Nomad Foods Limited (NYSE:NOMD) by 20.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,647 shares of the company’s stock after purchasing an additional 12,343 shares during the quarter. Natixis Advisors LLC’s holdings in Nomad Foods were worth $1,366,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. increased its stake in Nomad Foods by 133.2% during the 2nd quarter. Blue Trust Inc. now owns 1,635 shares of the company’s stock worth $27,000 after purchasing an additional 934 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of Nomad Foods during the second quarter worth $42,000. National Bank of Canada FI increased its position in shares of Nomad Foods by 378.4% during the second quarter. National Bank of Canada FI now owns 2,775 shares of the company’s stock worth $46,000 after acquiring an additional 2,195 shares in the last quarter. Quarry LP raised its holdings in shares of Nomad Foods by 366.5% during the second quarter. Quarry LP now owns 3,004 shares of the company’s stock worth $50,000 after acquiring an additional 2,360 shares during the period. Finally, nVerses Capital LLC bought a new stake in Nomad Foods in the 2nd quarter valued at $120,000. 75.26% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

NOMD has been the subject of a number of research reports. StockNews.com upgraded Nomad Foods from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Deutsche Bank Aktiengesellschaft decreased their price objective on Nomad Foods from $25.00 to $23.00 and set a “buy” rating for the company in a report on Monday, November 4th.

Nomad Foods Price Performance

NYSE:NOMD opened at $17.96 on Wednesday. Nomad Foods Limited has a 52 week low of $15.76 and a 52 week high of $20.05. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.72 and a current ratio of 1.20. The firm’s 50-day simple moving average is $17.90 and its 200 day simple moving average is $17.93. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 13.30 and a beta of 0.79.

Nomad Foods Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Friday, November 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.34%. The ex-dividend date of this dividend was Friday, November 8th. Nomad Foods’s dividend payout ratio (DPR) is presently 45.11%.

Nomad Foods Profile

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.