Norinchukin Bank The lifted its stake in Nielsen Holdings PLC (NYSE:NLSN) by 19.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 48,737 shares of the business services provider’s stock after acquiring an additional 7,878 shares during the period. Norinchukin Bank The’s holdings in Nielsen were worth $1,348,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the stock. Mount Yale Investment Advisors LLC increased its position in Nielsen by 19.9% in the 2nd quarter. Mount Yale Investment Advisors LLC now owns 15,109 shares of the business services provider’s stock worth $467,000 after buying an additional 2,503 shares during the period. State of Wisconsin Investment Board increased its position in shares of Nielsen by 0.8% during the second quarter. State of Wisconsin Investment Board now owns 327,497 shares of the business services provider’s stock valued at $10,129,000 after purchasing an additional 2,515 shares during the period. Prudential Financial Inc. increased its position in shares of Nielsen by 0.8% during the third quarter. Prudential Financial Inc. now owns 353,244 shares of the business services provider’s stock valued at $9,771,000 after purchasing an additional 2,800 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Nielsen by 77.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,477 shares of the business services provider’s stock valued at $200,000 after purchasing an additional 2,827 shares during the period. Finally, State Board of Administration of Florida Retirement System increased its position in shares of Nielsen by 0.6% during the second quarter. State Board of Administration of Florida Retirement System now owns 482,848 shares of the business services provider’s stock valued at $14,934,000 after purchasing an additional 2,940 shares during the period.
Shares of NLSN stock opened at $25.10 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The firm has a market capitalization of $8.94 billion, a P/E ratio of 11.90, a P/E/G ratio of 1.36 and a beta of 0.88. Nielsen Holdings PLC has a one year low of $20.53 and a one year high of $39.25.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Wednesday, November 21st will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend is Tuesday, November 20th. Nielsen’s dividend payout ratio is 66.35%.
A number of analysts have recently issued reports on NLSN shares. Morgan Stanley set a $27.00 price objective on Nielsen and gave the company a “buy” rating in a research report on Thursday, September 13th. Goldman Sachs Group upgraded Nielsen from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $20.00 to $25.00 in a research report on Thursday, August 23rd. Pivotal Research cut Nielsen from a “buy” rating to a “hold” rating and set a $27.00 price objective on the stock. in a research report on Wednesday, August 15th. BMO Capital Markets restated a “market weight” rating and set a $24.00 price objective (down from $38.00) on shares of Nielsen in a research report on Friday, July 27th. Finally, Needham & Company LLC lowered their price objective on Nielsen to $30.00 and set a “buy” rating on the stock in a research report on Friday, July 27th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $29.67.
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Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
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