Redwood Investment Management LLC Purchases 38,754 Shares of Nielsen Holdings PLC (NLSN)

Redwood Investment Management LLC raised its position in Nielsen Holdings PLC (NYSE:NLSN) by 504.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,433 shares of the business services provider’s stock after acquiring an additional 38,754 shares during the quarter. Redwood Investment Management LLC’s holdings in Nielsen were worth $1,284,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of NLSN. Mount Yale Investment Advisors LLC boosted its stake in shares of Nielsen by 19.9% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 15,109 shares of the business services provider’s stock valued at $467,000 after buying an additional 2,503 shares during the last quarter. State of Wisconsin Investment Board boosted its stake in shares of Nielsen by 0.8% during the 2nd quarter. State of Wisconsin Investment Board now owns 327,497 shares of the business services provider’s stock valued at $10,129,000 after buying an additional 2,515 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of Nielsen by 0.8% during the 3rd quarter. Prudential Financial Inc. now owns 353,244 shares of the business services provider’s stock valued at $9,771,000 after buying an additional 2,800 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Nielsen by 77.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,477 shares of the business services provider’s stock valued at $200,000 after buying an additional 2,827 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in shares of Nielsen by 0.6% during the 2nd 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 buying an additional 2,940 shares during the last quarter.

Several research firms have recently commented on NLSN. Zacks Investment Research upgraded Nielsen from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 25th. ValuEngine upgraded Nielsen from a “strong sell” rating to a “sell” rating in a research note on Monday, October 22nd. Morgan Stanley set a $27.00 target price on Nielsen and gave the company a “buy” rating in a research note on Thursday, September 13th. Citigroup reduced their target price on Nielsen from $41.00 to $29.00 and set a “buy” rating for the company in a research note on Monday, August 20th. Finally, Pivotal Research cut Nielsen from a “buy” rating to a “hold” rating and set a $27.00 target price for the company. in a research note on Wednesday, August 15th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $29.67.

Shares of NLSN opened at $25.10 on Friday. Nielsen Holdings PLC has a 12-month low of $20.53 and a 12-month high of $39.25. The firm has a market cap of $8.94 billion, a P/E ratio of 11.90, a PEG ratio of 1.36 and a beta of 0.88. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97.

Nielsen (NYSE:NLSN) last announced its quarterly earnings data on Thursday, October 25th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.02. Nielsen had a return on equity of 14.56% and a net margin of 4.85%. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.58 billion. As a group, analysts predict that Nielsen Holdings PLC will post 1.95 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Wednesday, November 21st will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 5.58%. The ex-dividend date is Tuesday, November 20th. Nielsen’s dividend payout ratio (DPR) is presently 66.35%.

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Nielsen Profile

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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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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