State Treasurer State of Michigan raised its stake in Neustar, Inc. (NYSE:NSR) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,960 shares of the technology company’s stock after buying an additional 600 shares during the period. State Treasurer State of Michigan’s holdings in Neustar were worth $766,000 as of its most recent filing with the SEC.
Other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in Neustar by 78.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 374,543 shares of the technology company’s stock valued at $12,510,000 after buying an additional 164,540 shares in the last quarter. Strs Ohio acquired a new stake in Neustar during the first quarter valued at about $1,080,000. Retirement Systems of Alabama increased its stake in Neustar by 1.0% in the first quarter. Retirement Systems of Alabama now owns 71,199 shares of the technology company’s stock valued at $2,360,000 after buying an additional 726 shares in the last quarter. Adams Diversified Equity Fund Inc. increased its stake in Neustar by 3.0% in the first quarter. Adams Diversified Equity Fund Inc. now owns 34,300 shares of the technology company’s stock valued at $1,137,000 after buying an additional 1,000 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in Neustar by 51.2% in the first quarter. AQR Capital Management LLC now owns 1,522,064 shares of the technology company’s stock valued at $50,456,000 after buying an additional 515,314 shares in the last quarter. Institutional investors own 88.80% of the company’s stock.
Shares of Neustar, Inc. (NYSE NSR) remained flat at $33.50 during midday trading on Wednesday. 580,477 shares of the company traded hands. Neustar, Inc. has a 52-week low of $21.10 and a 52-week high of $34.40. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 10.25 and a beta of 1.37. The company’s 50-day moving average price is $33.37 and its 200-day moving average price is $33.25.
Separately, BidaskClub downgraded Neustar from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Five equities research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of $32.00.
Neustar Company Profile
NeuStar, Inc is a global information services provider. The Company’s cloud-based platforms and differentiated data sets offer informative, real-time analytics, which enable clients to make actionable, data-driven decisions. It provides chief marketing officers a suite of services to plan their media spends, identify and locate desired customers, invest in marketing campaigns, deliver relevant offers and measure the performance of these activities.
Want to see what other hedge funds are holding NSR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Neustar, Inc. (NYSE:NSR).
Receive News & Ratings for Neustar Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neustar Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
