Boston Partners Reduces Stake in Nomad Foods Ltd by 3.4M Shares, Adjusting Portfolio to 5.75% Holdings

Boston Partners has reduced its stake in Nomad Foods Ltd by 3.4 million shares, marking a -28.02% change in its position. The firm now holds 8.8 million shares, constituting 5.75% of its total holdings in Nomad Foods. The transaction had a minor impact on Boston Partners' portfolio, altering it by -0.04%. Nomad Foods is a leading manufacturer and distributor of branded frozen foods in Western Europe, operating under well-known brands such as Birds Eye, Findus, and Iglo. The company has a market capitalization of $1.74 billion and a current stock price of $11.86.