Ameriprise Financial Inc. raised its position in Nielsen N.V. (NYSE:NLSN) by 7.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 9,684,655 shares of the business services provider’s stock after buying an additional 695,422 shares during the period. Ameriprise Financial Inc. owned 2.71% of Nielsen N.V. worth $400,075,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of NLSN. Alecta Pensionsforsakring Omsesidigt boosted its stake in Nielsen N.V. by 6.3% in the first quarter. Alecta Pensionsforsakring Omsesidigt now owns 7,179,000 shares of the business services provider’s stock worth $296,493,000 after buying an additional 425,000 shares during the period. Bank of New York Mellon Corp boosted its stake in 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 worth $268,805,000 after buying an additional 580,689 shares during the period. Winslow Capital Management LLC acquired a new stake in Nielsen N.V. during the third quarter worth $278,689,000. I.G. Investment Management LTD. boosted its stake in Nielsen N.V. by 47.8% in the fourth quarter. I.G. Investment Management LTD. now owns 3,952,593 shares of the business services provider’s stock worth $165,811,000 after buying an additional 1,277,537 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Nielsen N.V. by 258.7% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,754,912 shares of the business services provider’s stock worth $157,518,000 after buying an additional 2,708,243 shares during the period. 93.77% of the stock is currently owned by hedge funds and other institutional investors.
Nielsen N.V. (NYSE NLSN) traded down 0.26% on Friday, reaching $38.35. 2,923,682 shares of the company’s stock traded hands. Nielsen N.V. has a 52-week low of $36.99 and a 52-week high of $55.94. The firm’s 50 day moving average price is $39.36 and its 200 day moving average price is $41.69. The firm has a market capitalization of $13.70 billion, a PE ratio of 29.01 and a beta of 0.90.
Nielsen N.V. (NYSE:NLSN) last posted its quarterly earnings results on Tuesday, April 25th. The business services provider reported $0.28 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.48 by $0.20. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. Nielsen N.V. had a return on equity of 17.52% and a net margin of 7.45%. The company’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period last year, the firm earned $0.51 earnings per share. On average, analysts predict that Nielsen N.V. will post $2.64 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 16th. Investors of record on Friday, June 2nd will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.55%. This is an increase from Nielsen N.V.’s previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, May 31st. Nielsen N.V.’s payout ratio is 103.82%.
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A number of research firms have recently weighed in on NLSN. BidaskClub raised Nielsen N.V. from a “strong sell” rating to a “sell” rating in a report on Friday. Citigroup Inc. reaffirmed a “neutral” rating and set a $42.00 price target (down previously from $45.00) on shares of Nielsen N.V. in a report on Thursday, June 1st. BMO Capital Markets cut their price target on Nielsen N.V. from $45.00 to $44.00 and set a “market perform” rating on the stock in a report on Wednesday, April 26th. Telsey Advisory Group lowered shares of Nielsen N.V. from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $54.00 to $44.00 in a research note on Wednesday, April 26th. Finally, TheStreet upgraded shares of Nielsen N.V. from a “c+” rating to a “b-” rating in a research note on Thursday, March 2nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $48.29.
In related news, CEO Dwight Barns sold 46,947 shares of the business’s stock in a transaction that occurred on Monday, March 27th. The shares were sold at an average price of $40.82, for a total transaction of $1,916,376.54. Following the completion of the sale, the chief executive officer now directly owns 288,277 shares of the company’s stock, valued at $11,767,467.14. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Jeffrey Charlton sold 1,824 shares of the company’s stock in a transaction that occurred on 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 sale, the senior vice president now directly owns 13,297 shares of the company’s stock, valued at approximately $549,697.98. The disclosure for this sale can be found here. Over the last three months, insiders have sold 60,271 shares of company stock valued at $2,435,106. 1.20% of the stock is currently owned by insiders.
Nielsen N.V. Company Profile
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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