BMO Capital Markets reiterated their hold rating on shares of Nielsen N.V. (NYSE:NLSN) in a research note published on Wednesday, September 13th. They currently have a $44.00 price target on the business services provider’s stock.
NLSN has been the subject of a number of other research reports. BidaskClub cut shares of Nielsen N.V. from a buy rating to a hold rating in a research report on Saturday, August 19th. TheStreet raised shares of Nielsen N.V. from a c rating to a b- rating in a research report on Monday, July 31st. Zacks Investment Research cut shares of Nielsen N.V. from a buy rating to a hold rating in a research report on Tuesday, August 1st. Citigroup Inc. reaffirmed a neutral rating and set a $42.00 price objective (down previously from $45.00) on shares of Nielsen N.V. in a research report on Thursday, June 1st. Finally, Sanford C. Bernstein reaffirmed an outperform rating on shares of Nielsen N.V. in a research report on Tuesday, September 12th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of $46.64.
Shares of Nielsen N.V. (NLSN) opened at 41.45 on Wednesday. The company has a market capitalization of $14.78 billion, a price-to-earnings ratio of 30.21 and a beta of 1.00. Nielsen N.V. has a 1-year low of $36.96 and a 1-year high of $54.99. The company’s 50 day moving average price is $40.21 and its 200-day moving average price is $40.16.
Nielsen N.V. (NYSE:NLSN) last released its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.49 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.14). Nielsen N.V. had a net margin of 7.68% and a return on equity of 15.96%. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the previous year, the company posted $0.31 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. On average, equities analysts forecast that Nielsen N.V. will post $2.60 earnings per share for the current year.
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The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 7th. Stockholders of record on Thursday, August 24th were issued a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.28%. Nielsen N.V.’s payout ratio is 99.27%.
In related news, SVP Jeffrey Charlton sold 3,762 shares of Nielsen N.V. stock in a transaction on Monday, September 11th. The shares were sold at an average price of $49.21, for a total transaction of $185,128.02. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Stephen Hasker sold 20,930 shares of Nielsen N.V. stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $43.00, for a total transaction of $899,990.00. Following the sale, the insider now owns 79,341 shares in the company, valued at $3,411,663. The disclosure for this sale can be found here. Insiders sold a total of 43,312 shares of company stock worth $1,811,484 over the last 90 days. Company insiders own 0.67% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Capital Research Global Investors increased its stake in Nielsen N.V. by 21.2% in the second quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock valued at $1,469,362,000 after purchasing an additional 6,648,088 shares during the period. Vanguard Group Inc. increased its stake in Nielsen N.V. by 1.7% in the second quarter. Vanguard Group Inc. now owns 35,309,380 shares of the business services provider’s stock valued at $1,365,061,000 after purchasing an additional 605,114 shares during the period. BlackRock Inc. boosted its holdings in shares of Nielsen N.V. by 4,459.8% in the first quarter. BlackRock Inc. now owns 30,913,604 shares of the business services provider’s stock valued at $1,277,040,000 after acquiring an additional 30,235,644 shares in the last quarter. OppenheimerFunds Inc. boosted its holdings in shares of Nielsen N.V. by 30.1% in the first quarter. OppenheimerFunds Inc. now owns 8,341,491 shares of the business services provider’s stock valued at $344,587,000 after acquiring an additional 1,930,102 shares in the last quarter. Finally, Alecta Pensionsforsakring Omsesidigt boosted its holdings in shares of Nielsen N.V. by 5.6% in the second quarter. Alecta Pensionsforsakring Omsesidigt now owns 7,579,000 shares of the business services provider’s stock valued at $292,928,000 after acquiring an additional 400,000 shares in the last quarter. Institutional investors own 96.29% of the company’s stock.
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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