Profund Advisors LLC lowered its position in shares of Nielsen N.V. (NYSE:NLSN) by 21.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,420 shares of the business services provider’s stock after selling 2,544 shares during the period. Profund Advisors LLC’s holdings in Nielsen N.V. were worth $389,000 as of its most recent filing with the SEC.
A number of other large investors have also recently added to or reduced their stakes in NLSN. Winslow Capital Management LLC purchased a new stake in Nielsen N.V. during the third quarter worth $278,689,000. Barrow Hanley Mewhinney & Strauss LLC raised its position in shares of 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 valued at $157,518,000 after buying an additional 2,708,243 shares in the last quarter. Norges Bank bought a new position in shares of Nielsen N.V. during the fourth quarter valued at $110,536,000. Capital Guardian Trust Co. bought a new position in shares of Nielsen N.V. during the fourth quarter valued at $84,804,000. Finally, I.G. Investment Management LTD. increased its position 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 last quarter. 93.77% of the stock is owned by institutional investors and hedge funds.
Shares of Nielsen N.V. (NLSN) opened at 38.35 on Friday. The stock has a 50 day moving average of $39.36 and a 200 day moving average of $41.69. Nielsen N.V. has a 12-month low of $36.99 and a 12-month high of $55.94. The company has a market cap of $13.70 billion, a price-to-earnings ratio of 29.01 and a beta of 0.90.
Nielsen N.V. (NYSE:NLSN) last announced its quarterly earnings data on Tuesday, April 25th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by $0.20. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.54 billion. Nielsen N.V. had a net margin of 7.45% and a return on equity of 17.52%. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.51 EPS. On average, equities analysts expect that Nielsen N.V. will post $2.64 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 16th. Shareholders of record on Friday, June 2nd were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date was Wednesday, May 31st. This is an increase from Nielsen N.V.’s previous quarterly dividend of $0.31. Nielsen N.V.’s dividend payout ratio is 103.82%.
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Several brokerages recently weighed in on NLSN. Cantor Fitzgerald cut their price objective on shares of Nielsen N.V. from $48.00 to $46.00 and set a “neutral” rating on the stock in a research report on Friday, April 28th. Deutsche Bank AG restated a “hold” rating and set a $44.00 price target (down from $47.00) on shares of Nielsen N.V. in a research report on Saturday, April 29th. Morgan Stanley lowered their price objective on shares of Nielsen N.V. from $52.00 to $49.00 and set an “overweight” rating on the stock in a research note on Friday, April 28th. Zacks Investment Research raised shares of Nielsen N.V. from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Wednesday, April 26th. Finally, TheStreet downgraded shares of Nielsen N.V. from a “b-” rating to a “c” rating in a research report on Tuesday, April 25th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $48.29.
In other news, CEO Dwight Barns sold 46,947 shares of the company’s stock in a transaction on Monday, March 27th. The stock was sold at an average price of $40.82, for a total transaction of $1,916,376.54. Following the transaction, the chief executive officer now owns 288,277 shares of the company’s stock, valued at approximately $11,767,467.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jamere Jackson sold 11,500 shares of the company’s stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $38.55, for a total value of $443,325.00. Following the transaction, the chief financial officer now directly owns 87,888 shares in the company, valued at approximately $3,388,082.40. The disclosure for this sale can be found here. Insiders sold a total of 60,271 shares of company stock valued at $2,435,106 in the last 90 days. Corporate 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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