Paulson & CO. Inc. held its position in shares of Neustar, Inc. (NYSE:NSR) during the first quarter, Holdings Channel reports. The institutional investor owned 200,000 shares of the technology company’s stock at the end of the first quarter. Paulson & CO. Inc.’s holdings in Neustar were worth $6,630,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in NSR. Guggenheim Capital LLC increased its stake in shares of Neustar by 544.4% in the fourth quarter. Guggenheim Capital LLC now owns 91,724 shares of the technology company’s stock worth $3,063,000 after buying an additional 77,489 shares during the last quarter. GLG Partners LP acquired a new stake in shares of Neustar during the fourth quarter worth about $3,657,000. Two Sigma Investments LP acquired a new stake in shares of Neustar during the fourth quarter worth about $848,000. Menta Capital LLC increased its stake in shares of Neustar by 32.5% in the fourth quarter. Menta Capital LLC now owns 18,000 shares of the technology company’s stock worth $601,000 after buying an additional 4,412 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Neustar by 23.0% in the fourth quarter. Renaissance Technologies LLC now owns 337,400 shares of the technology company’s stock worth $11,269,000 after buying an additional 63,000 shares during the last quarter. Institutional investors own 92.86% of the company’s stock.
Shares of Neustar, Inc. (NYSE NSR) traded up 0.30% during trading on Friday, hitting $33.45. The stock had a trading volume of 626,408 shares. The stock’s 50-day moving average price is $33.14 and its 200-day moving average price is $32.62. The company has a market cap of $1.87 billion, a P/E ratio of 10.24 and a beta of 1.37. Neustar, Inc. has a one year low of $21.10 and a one year high of $34.40.
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Separately, BidaskClub downgraded Neustar from a “sell” rating to a “strong sell” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $32.00.
In other news, SVP Henry Skorny sold 9,156 shares of the stock in a transaction dated Friday, March 24th. The stock was sold at an average price of $33.10, for a total value of $303,063.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.91% of the stock is currently owned by company insiders.
Neustar Company Profile
NeuStar, Inc is a global information services provider. The Company’s cloud-based platforms and differentiated data sets offer informative, real-time analytics, which enable clients to make actionable, data-driven decisions. It provides chief marketing officers a suite of services to plan their media spends, identify and locate desired customers, invest in marketing campaigns, deliver relevant offers and measure the performance of these activities.
Want to see what other hedge funds are holding NSR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Neustar, Inc. (NYSE:NSR).
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