Swiss National Bank Cuts Holdings in Nielsen Holdings PLC (NLSN)

Swiss National Bank lessened its stake in Nielsen Holdings PLC (NYSE:NLSN) by 3.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,137,061 shares of the business services provider’s stock after selling 41,300 shares during the period. Swiss National Bank’s holdings in Nielsen were worth $31,451,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. River Road Asset Management LLC boosted its position in Nielsen by 35.9% during the 3rd quarter. River Road Asset Management LLC now owns 1,999,046 shares of the business services provider’s stock valued at $55,294,000 after buying an additional 527,936 shares during the period. FMR LLC boosted its position in Nielsen by 135.2% during the 2nd quarter. FMR LLC now owns 21,740,698 shares of the business services provider’s stock valued at $672,439,000 after buying an additional 12,496,283 shares during the period. ING Groep NV purchased a new stake in Nielsen during the 2nd quarter valued at $465,000. Northern Trust Corp boosted its position in Nielsen by 5.2% during the 2nd quarter. Northern Trust Corp now owns 3,997,795 shares of the business services provider’s stock valued at $123,652,000 after buying an additional 198,492 shares during the period. Finally, Penn Davis Mcfarland Inc. boosted its position in Nielsen by 300.9% during the 3rd quarter. Penn Davis Mcfarland Inc. now owns 1,088,862 shares of the business services provider’s stock valued at $30,118,000 after buying an additional 817,261 shares during the period.

Shares of NYSE NLSN opened at $25.10 on Monday. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.14 and a quick ratio of 1.14. Nielsen Holdings PLC has a 12 month low of $20.53 and a 12 month high of $39.25. The firm has a market capitalization of $8.91 billion, a price-to-earnings ratio of 11.90, a P/E/G ratio of 1.35 and a beta of 0.88.

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

The firm 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. The ex-dividend date is Tuesday, November 20th. This represents a $1.40 annualized dividend and a dividend yield of 5.58%. Nielsen’s payout ratio is 66.35%.

NLSN has been the subject of several analyst reports. Zacks Investment Research cut shares of Nielsen from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 31st. Pivotal Research lowered shares of Nielsen from a “buy” rating to a “hold” rating and set a $27.00 price objective for the company. in a report on Wednesday, August 15th. Citigroup decreased their price objective on shares of Nielsen from $41.00 to $29.00 and set a “buy” rating for the company in a report on Monday, August 20th. Robert W. Baird upped their price objective on shares of Nielsen from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, August 14th. Finally, Goldman Sachs Group upgraded shares of Nielsen from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $20.00 to $25.00 in a report on Thursday, August 23rd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $29.67.

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Nielsen Company 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.

Further Reading: What is insider trading?

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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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