Lowe Brockenbrough & Co. Inc. increased its position in shares of Nielsen N.V. (NYSE:NLSN) by 0.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 116,897 shares of the business services provider’s stock after buying an additional 587 shares during the period. Lowe Brockenbrough & Co. Inc.’s holdings in Nielsen N.V. were worth $4,519,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. M&T Bank Corp increased its stake in shares of Nielsen N.V. by 2.4% in the first quarter. M&T Bank Corp now owns 21,905 shares of the business services provider’s stock worth $905,000 after buying an additional 504 shares during the period. State of Wisconsin Investment Board increased its stake in shares of Nielsen N.V. by 11.8% in the first quarter. State of Wisconsin Investment Board now owns 516,946 shares of the business services provider’s stock worth $21,355,000 after buying an additional 54,752 shares during the period. UBS Group AG increased its stake in shares of Nielsen N.V. by 275.4% in the first quarter. UBS Group AG now owns 145,395 shares of the business services provider’s stock worth $6,006,000 after buying an additional 106,660 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Nielsen N.V. by 9.8% in the first quarter. Bank of New York Mellon Corp now owns 6,507,059 shares of the business services provider’s stock worth $268,805,000 after buying an additional 580,689 shares during the period. Finally, Trexquant Investment LP acquired a new stake in shares of Nielsen N.V. during the first quarter worth about $1,801,000. 94.98% of the stock is owned by institutional investors and hedge funds.
Shares of Nielsen N.V. (NYSE:NLSN) opened at 42.37 on Friday. Nielsen N.V. has a 52-week low of $36.96 and a 52-week high of $54.99. The company has a market cap of $15.11 billion, a P/E ratio of 30.88 and a beta of 0.97. The company has a 50-day moving average price of $38.86 and a 200-day moving average price of $40.87.
Nielsen N.V. (NYSE:NLSN) last released its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.63 by $0.14. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Nielsen N.V. had a net margin of 7.68% and a return on equity of 15.96%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.31 EPS. On average, equities analysts predict that Nielsen N.V. will post $2.62 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Shareholders of record on Thursday, August 24th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend is Tuesday, August 22nd. Nielsen N.V.’s dividend payout ratio is presently 99.27%.
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A number of analysts have recently issued reports on the company. Citigroup Inc. reiterated a “neutral” rating and set a $42.00 price target (down previously from $45.00) on shares of Nielsen N.V. in a research report on Thursday, June 1st. Zacks Investment Research upgraded Nielsen N.V. from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research report on Friday, July 28th. TheStreet upgraded Nielsen N.V. from a “c” rating to a “b-” rating in a research report on Monday, July 31st. BMO Capital Markets dropped their price target on Nielsen N.V. from $45.00 to $44.00 and set a “market perform” rating for the company in a research report on Wednesday, April 26th. Finally, Telsey Advisory Group downgraded Nielsen N.V. from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $54.00 to $44.00 in a research report on Wednesday, April 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $46.64.
In other Nielsen N.V. news, CFO Jamere Jackson sold 11,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $38.55, for a total transaction of $443,325.00. Following the completion of the transaction, the chief financial officer now owns 87,888 shares in the company, valued at approximately $3,388,082.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephen Hasker sold 20,930 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $43.00, for a total value of $899,990.00. Following the transaction, the insider now owns 79,341 shares of the company’s stock, valued at approximately $3,411,663. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.
Nielsen N.V. Company Profile
Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.
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