Independent Portfolio Consultants Inc. bought a new stake in shares of Nielsen N.V. (NYSE:NLSN) during the second quarter, Holdings Channel reports. The institutional investor bought 8,239 shares of the business services provider’s stock, valued at approximately $319,000.
Several other hedge funds have also recently modified their holdings of the stock. FMR LLC increased its stake 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 valued at $37,895,000 after buying an additional 508,304 shares during the last quarter. M&T Bank Corp increased its stake in shares of Nielsen N.V. by 2.4% in the first quarter. M&T Bank Corp now owns 21,905 shares of the business services provider’s stock valued at $905,000 after buying an additional 504 shares during the last quarter. Lincoln Capital Corp purchased a new stake in shares of Nielsen N.V. during the fourth quarter valued at $1,046,000. Bank of New York Mellon Corp increased its stake in shares of Nielsen N.V. by 9.8% in the first quarter. Bank of New York Mellon Corp now owns 6,507,059 shares of the business services provider’s stock valued at $268,805,000 after buying an additional 580,689 shares during the last quarter. Finally, State of Wisconsin Investment Board increased its stake in shares of Nielsen N.V. by 11.8% in the first quarter. State of Wisconsin Investment Board now owns 516,946 shares of the business services provider’s stock valued at $21,355,000 after buying an additional 54,752 shares during the last quarter. 93.77% of the stock is currently owned by institutional investors and hedge funds.
Shares of Nielsen N.V. (NYSE:NLSN) opened at 37.50 on Monday. Nielsen N.V. has a one year low of $36.96 and a one year high of $55.94. The stock has a market cap of $13.40 billion, a P/E ratio of 28.37 and a beta of 0.96. The firm has a 50 day moving average of $38.80 and a 200 day moving average of $41.41.
Nielsen N.V. (NYSE:NLSN) last posted its quarterly earnings data on Tuesday, April 25th. The business services provider reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by $0.20. Nielsen N.V. had a net margin of 7.45% and a return on equity of 17.52%. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter last year, the business posted $0.51 EPS. The business’s revenue for the quarter was up 2.6% on a year-over-year basis. On average, equities research analysts predict that Nielsen N.V. will post $2.64 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 16th. Stockholders of record on Friday, June 2nd were given a dividend of $0.34 per share. This is a positive change from Nielsen N.V.’s previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, May 31st. This represents a $1.36 annualized dividend and a dividend yield of 3.63%. Nielsen N.V.’s dividend payout ratio (DPR) is 103.82%.
Several analysts have recently weighed in on NLSN shares. Deutsche Bank AG reaffirmed a “hold” rating and issued a $44.00 target price (down previously from $47.00) on shares of Nielsen N.V. in a report on Saturday, April 29th. Zacks Investment Research raised shares of Nielsen N.V. from a “sell” rating to a “hold” rating in a report on Wednesday, April 12th. TheStreet downgraded shares of Nielsen N.V. from a “b-” rating to a “c” rating in a report on Tuesday, April 25th. BidaskClub downgraded shares of Nielsen N.V. from a “sell” rating to a “strong sell” rating in a report on Saturday, June 24th. Finally, Cantor Fitzgerald reissued a “hold” rating and set a $48.00 price objective on shares of Nielsen N.V. in a report on Friday, April 21st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. Nielsen N.V. currently has a consensus rating of “Hold” and an average target price of $46.86.
In other news, SVP Jeffrey Charlton sold 1,824 shares of the firm’s stock in a transaction dated Friday, April 28th. The shares were sold at an average price of $41.34, for a total transaction of $75,404.16. Following the completion of the transaction, the senior vice president now owns 13,297 shares in the company, valued at approximately $549,697.98. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Jamere Jackson sold 11,500 shares of the firm’s stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of $38.55, for a total transaction of $443,325.00. Following the transaction, the chief financial officer now owns 87,888 shares of the company’s stock, valued at approximately $3,388,082.40. The disclosure for this sale can be found here. Company insiders own 1.20% 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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