16,050 Shares in Nomad Foods Limited (NYSE:NOMD) Purchased by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC acquired a new position in Nomad Foods Limited (NYSE:NOMD) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 16,050 shares of the company’s stock, valued at approximately $264,000.

Other large investors also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. grew its stake in shares of 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. Avior Wealth Management LLC grew its stake in shares of Nomad Foods by 25.8% during the 3rd quarter. Avior Wealth Management LLC now owns 3,920 shares of the company’s stock valued at $75,000 after purchasing an additional 804 shares during the period. Custom Index Systems LLC grew its stake in shares of Nomad Foods by 4.7% during the 3rd quarter. Custom Index Systems LLC now owns 18,845 shares of the company’s stock valued at $359,000 after purchasing an additional 847 shares during the period. State Street Corp grew its stake in shares of Nomad Foods by 0.6% during the 3rd quarter. State Street Corp now owns 182,004 shares of the company’s stock valued at $3,469,000 after purchasing an additional 1,018 shares during the period. Finally, Deroy & Devereaux Private Investment Counsel Inc. grew its stake in shares of Nomad Foods by 0.7% during the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 202,735 shares of the company’s stock valued at $3,864,000 after purchasing an additional 1,450 shares during the period. 75.26% of the stock is currently owned by institutional investors.

Nomad Foods Stock Up 1.6 %

NYSE NOMD opened at $15.86 on Tuesday. The stock’s 50 day moving average is $17.08 and its 200 day moving average is $17.81. The company has a current ratio of 1.20, a quick ratio of 0.72 and a debt-to-equity ratio of 0.79. Nomad Foods Limited has a 12 month low of $15.43 and a 12 month high of $20.05. The stock has a market cap of $2.58 billion, a PE ratio of 11.92 and a beta of 0.79.

Nomad Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Friday, November 8th were issued a $0.15 dividend. The ex-dividend date was Friday, November 8th. This represents a $0.60 dividend on an annualized basis and a yield of 3.78%. Nomad Foods’s dividend payout ratio is presently 45.11%.

Analysts Set New Price Targets

A number of research firms have issued reports on NOMD. Deutsche Bank Aktiengesellschaft cut their price target on Nomad Foods from $25.00 to $23.00 and set a “buy” rating for the company in a research note on Monday, November 4th. Mizuho lowered their price objective on Nomad Foods from $28.00 to $24.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 18th. Finally, StockNews.com raised Nomad Foods from a “hold” rating to a “buy” rating in a research report on Monday, November 18th.

About Nomad Foods

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.