Nielsen N.V. (NYSE:NLSN)‘s stock had its “hold” rating reiterated by research analysts at Cantor Fitzgerald in a research note issued on Friday. They presently have a $48.00 target price on the business services provider’s stock. Cantor Fitzgerald’s price objective would suggest a potential upside of 15.41% from the stock’s current price.
The analysts wrote, “Largely in-line 1Q17 results expected. Our 1Q17 revenue/EBITDA/adj. EPS estimates are $1,564.9M (+5.4% Y/Y ex FX, or +3% ex Gracenote)/$423.0M (27.0% margin)/$0.49, largely in line with consensus estimates (FactSet) of $1,546.9M/$422.4M/$0.48, respectively.””
Several other research analysts also recently commented on NLSN. BMO Capital Markets reissued a “hold” rating and issued a $45.00 price target on shares of Nielsen N.V. in a report on Monday, April 17th. Deutsche Bank AG reissued a “buy” rating and issued a $47.00 price target on shares of Nielsen N.V. in a report on Monday, April 17th. Zacks Investment Research raised shares of Nielsen N.V. from a “sell” rating to a “hold” rating in a report on Wednesday, April 12th. Pivotal Research reissued a “hold” rating and issued a $36.00 price target on shares of Nielsen N.V. in a report on Thursday, January 12th. Finally, TheStreet raised shares of Nielsen N.V. from a “c+” rating to a “b-” rating in a report on Thursday, March 2nd. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $50.23.
Shares of Nielsen N.V. (NYSE:NLSN) traded up 1.44% during mid-day trading on Friday, hitting $41.59. 3,475,065 shares of the company traded hands. The firm’s 50 day moving average price is $42.24 and its 200-day moving average price is $44.02. Nielsen N.V. has a 1-year low of $40.28 and a 1-year high of $55.94. The stock has a market capitalization of $14.87 billion, a PE ratio of 29.92 and a beta of 0.84.
Nielsen N.V. (NYSE:NLSN) last announced its quarterly earnings results on Thursday, February 9th. The business services provider reported $0.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.79 by $0.35. Nielsen N.V. had a net margin of 7.96% and a return on equity of 18.63%. The firm earned $1.66 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same period in the previous year, the business earned $0.82 earnings per share. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, equities research analysts forecast that Nielsen N.V. will post $2.68 EPS for the current year.
In related news, Director David L. Calhoun sold 230,000 shares of Nielsen N.V. stock in a transaction on Monday, February 27th. The shares were sold at an average price of $44.93, for a total value of $10,333,900.00. Following the transaction, the director now owns 525,496 shares in the company, valued at approximately $23,610,535.28. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Jeffrey Charlton sold 947 shares of Nielsen N.V. stock in a transaction on Thursday, February 23rd. The stock was sold at an average price of $45.26, for a total transaction of $42,861.22. Following the completion of the transaction, the senior vice president now owns 15,841 shares in the company, valued at approximately $716,963.66. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 277,894 shares of company stock worth $12,293,138. Corporate insiders own 1.20% of the company’s stock.
A number of institutional investors have recently modified their holdings of the company. FMR LLC boosted its position in shares of Nielsen N.V. by 128.7% in the fourth quarter. FMR LLC now owns 903,328 shares of the business services provider’s stock worth $37,895,000 after buying an additional 508,304 shares during the last quarter. Suntrust Banks Inc. boosted its position in shares of Nielsen N.V. by 16.0% in the third quarter. Suntrust Banks Inc. now owns 56,606 shares of the business services provider’s stock worth $3,032,000 after buying an additional 7,799 shares during the last quarter. Alecta Pensionsforsakring Omsesidigt boosted its position in shares of Nielsen N.V. by 11.8% in the third quarter. Alecta Pensionsforsakring Omsesidigt now owns 6,394,000 shares of the business services provider’s stock worth $342,463,000 after buying an additional 675,000 shares during the last quarter. BTC Capital Management Inc. acquired a new position in shares of Nielsen N.V. during the third quarter worth approximately $2,856,000. Finally, Two Sigma Investments LP boosted its position in shares of Nielsen N.V. by 2,201.7% in the fourth quarter. Two Sigma Investments LP now owns 1,198,855 shares of the business services provider’s stock worth $50,292,000 after buying an additional 1,146,770 shares during the last quarter. Institutional investors own 91.99% of the company’s stock.
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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