HighTower Advisors LLC lowered its stake in shares of Nielsen N.V. (NYSE:NLSN) by 39.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,371 shares of the business services provider’s stock after selling 4,882 shares during the period. HighTower Advisors LLC’s holdings in Nielsen N.V. were worth $306,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in NLSN. Bank of The West boosted its position in shares of Nielsen N.V. by 2.7% in the first quarter. Bank of The West now owns 21,285 shares of the business services provider’s stock valued at $879,000 after buying an additional 565 shares during the last quarter. Washington Trust Bank boosted its position in shares of Nielsen N.V. by 17,521.3% in the first quarter. Washington Trust Bank now owns 8,282 shares of the business services provider’s stock valued at $342,000 after buying an additional 8,235 shares during the last quarter. Beese Fulmer Investment Management Inc. boosted its position in shares of Nielsen N.V. by 2.6% in the first quarter. Beese Fulmer Investment Management Inc. now owns 5,010 shares of the business services provider’s stock valued at $207,000 after buying an additional 125 shares during the last quarter. Parametrica Management Ltd bought a new position in shares of Nielsen N.V. during the first quarter valued at about $312,000. Finally, Private Trust Co. NA bought a new position in shares of Nielsen N.V. during the first quarter valued at about $473,000. Hedge funds and other institutional investors own 94.96% of the company’s stock.
Nielsen N.V. (NLSN) opened at 42.37 on Monday. Nielsen N.V. has a 52-week low of $36.96 and a 52-week high of $54.99. The stock has a market cap of $15.11 billion, a PE ratio of 30.88 and a beta of 0.97. The firm 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 posted its earnings results on Thursday, July 27th. The business services provider reported $0.49 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by $0.14. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.65 billion. Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.31 EPS. On average, analysts forecast that Nielsen N.V. will post $2.62 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Shareholders of record on Thursday, August 24th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Tuesday, August 22nd. Nielsen N.V.’s payout ratio is 99.27%.
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NLSN has been the topic of several analyst reports. Deutsche Bank AG reaffirmed a “hold” rating and set a $44.00 target price (down previously from $47.00) on shares of Nielsen N.V. in a research report on Saturday, April 29th. Zacks Investment Research raised Nielsen N.V. from a “sell” rating to a “hold” rating in a research report on Wednesday, April 12th. TheStreet cut Nielsen N.V. from a “b-” rating to a “c” rating in a research report on Tuesday, April 25th. BidaskClub cut Nielsen N.V. from a “sell” rating to a “strong sell” rating in a research report on Saturday, June 24th. Finally, Cantor Fitzgerald reaffirmed a “hold” rating and set a $48.00 target price on shares of Nielsen N.V. in a research report on Friday, April 21st. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $46.64.
In other news, insider Stephen Hasker sold 20,930 shares of the firm’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $43.00, for a total value of $899,990.00. Following the transaction, the insider now directly owns 79,341 shares in the company, valued at approximately $3,411,663. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Jamere Jackson sold 11,500 shares of the firm’s stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $38.55, for a total value of $443,325.00. Following the completion of the transaction, the chief financial officer now owns 87,888 shares in the company, valued at $3,388,082.40. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by company insiders.
About Nielsen N.V.
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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