Wilbanks Smith & Thomas Asset Management LLC maintained its position in shares of Nielsen N.V. (NYSE:NLSN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,337 shares of the business services provider’s stock at the close of the 2nd quarter. Wilbanks Smith & Thomas Asset Management LLC’s holdings in Nielsen N.V. were worth $206,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in the business. Scotia Capital Inc. boosted its position in Nielsen N.V. by 14.6% in the 2nd quarter. Scotia Capital Inc. now owns 31,172 shares of the business services provider’s stock worth $1,205,000 after purchasing an additional 3,982 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in Nielsen N.V. in the 2nd quarter worth approximately $980,000. Bank of Nova Scotia boosted its position in Nielsen N.V. by 6.1% in the 2nd quarter. Bank of Nova Scotia now owns 20,011 shares of the business services provider’s stock worth $773,000 after purchasing an additional 1,158 shares in the last quarter. The Manufacturers Life Insurance Company boosted 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 worth $188,555,000 after purchasing an additional 2,870,282 shares in the last quarter. Finally, ETF Managers Group LLC purchased a new stake in Nielsen N.V. in the 2nd quarter worth approximately $167,000. Institutional investors and hedge funds own 96.29% of the company’s stock.
Several equities research analysts have commented on NLSN shares. BidaskClub upgraded Nielsen N.V. from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $44.00 target price (down from $48.00) on shares of Nielsen N.V. in a research note on Wednesday, June 21st. Pivotal Research reduced their target price on Nielsen N.V. from $39.00 to $38.00 and set a “hold” rating for the company in a research note on Thursday, July 27th. Zacks Investment Research raised Nielsen N.V. from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Friday, July 28th. Finally, TheStreet raised Nielsen N.V. from a “c” rating to a “b-” rating in a research note on Monday, July 31st. Nine investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Nielsen N.V. presently has an average rating of “Hold” and a consensus price target of $45.54.
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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 the consensus estimate of $0.63 by ($0.14). The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.65 billion. Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.31 earnings per share.
In other news, Director Karen M. Hoguet sold 18,620 shares of the business’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $39.01, for a total value of $726,366.20. Following the completion of the transaction, the director now directly owns 44,080 shares of the company’s stock, valued at $1,719,560.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Stephen Hasker sold 20,930 shares of the business’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 completion of the transaction, the insider now directly owns 79,341 shares of the company’s stock, valued at $3,411,663. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 43,312 shares of company stock valued at $1,811,484. 0.67% of the stock is currently owned by insiders.
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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