Pivotal Research restated their hold rating on shares of Nielsen N.V. (NYSE:NLSN) in a research note released on Sunday. They currently have a $38.00 price target on the business services provider’s stock.
A number of other research analysts have also issued reports on the stock. BidaskClub lowered shares of Nielsen N.V. from a buy rating to a hold rating in a report on Saturday, August 19th. Zacks Investment Research lowered shares of Nielsen N.V. from a hold rating to a strong sell rating in a report on Thursday, August 17th. TheStreet upgraded shares of Nielsen N.V. from a c rating to a b- rating in a report on Monday, July 31st. J P Morgan Chase & Co restated an overweight rating and set a $44.00 price target (down previously from $48.00) on shares of Nielsen N.V. in a report on Wednesday, June 21st. Finally, Citigroup Inc. restated a neutral rating and set a $42.00 price target (down previously from $45.00) on shares of Nielsen N.V. in a report on Thursday, June 1st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $46.64.
Shares of Nielsen N.V. (NYSE NLSN) traded up 1.364% on Friday, reaching $39.005. 810,865 shares of the company were exchanged. Nielsen N.V. has a 12 month low of $36.96 and a 12 month high of $54.99. The company has a market cap of $13.91 billion, a price-to-earnings ratio of 28.429 and a beta of 1.00. The company’s 50-day moving average price is $40.43 and its 200 day moving average price is $40.43.
Nielsen N.V. (NYSE:NLSN) last issued its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 net margin of 7.68% and a return on equity of 15.96%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.31 EPS. On average, equities research analysts expect that Nielsen N.V. will post $2.60 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 7th. Stockholders of record on Thursday, August 24th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 3.53%. The ex-dividend date of this dividend was Tuesday, August 22nd. Nielsen N.V.’s dividend payout ratio (DPR) is 99.27%.
In other news, 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 transaction of $899,990.00. Following the completion of the sale, the insider now owns 79,341 shares of the company’s stock, valued at approximately $3,411,663. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Karen M. Hoguet sold 18,620 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $39.01, for a total transaction of $726,366.20. Following the sale, the director now directly owns 44,080 shares of the company’s stock, valued at approximately $1,719,560.80. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.
Several hedge funds have recently made changes to their positions in NLSN. BlackRock Inc. grew its position in shares of Nielsen N.V. by 4,459.8% during the 1st quarter. BlackRock Inc. now owns 30,913,604 shares of the business services provider’s stock worth $1,277,040,000 after buying an additional 30,235,644 shares during the period. Capital Research Global Investors grew its position in Nielsen N.V. by 21.2% in the 2nd quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock valued at $1,469,362,000 after purchasing an additional 6,648,088 shares during the period. Vontobel Asset Management Inc. acquired a new stake in Nielsen N.V. in the 2nd quarter valued at $177,700,000. FMR LLC grew its position in Nielsen N.V. by 274.4% in the 2nd quarter. FMR LLC now owns 3,952,896 shares of the business services provider’s stock valued at $152,819,000 after purchasing an additional 2,897,137 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in Nielsen N.V. by 143.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,877,253 shares of the business services provider’s stock valued at $188,555,000 after purchasing an additional 2,870,282 shares during the period. 96.32% of the stock is owned by institutional investors.
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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