FDx Advisors Inc. lifted its holdings in shares of Nielsen N.V. (NYSE:NLSN) by 441.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 58,500 shares of the business services provider’s stock after purchasing an additional 47,687 shares during the quarter. FDx Advisors Inc.’s holdings in Nielsen were worth $2,129,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Nielsen by 72.9% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 10,221,478 shares of the business services provider’s stock valued at $372,062,000 after purchasing an additional 4,310,880 shares during the period. Parnassus Investments CA boosted its stake in Nielsen by 107.5% in the 4th quarter. Parnassus Investments CA now owns 5,187,500 shares of the business services provider’s stock valued at $188,825,000 after purchasing an additional 2,687,500 shares during the period. Vontobel Asset Management Inc. boosted its stake in Nielsen by 51.2% in the 4th quarter. Vontobel Asset Management Inc. now owns 6,898,520 shares of the business services provider’s stock valued at $257,335,000 after purchasing an additional 2,334,866 shares during the period. Hamlin Capital Management LLC bought a new stake in Nielsen in the 4th quarter valued at $69,076,000. Finally, Point72 Asset Management L.P. bought a new stake in Nielsen in the 3rd quarter valued at $74,116,000. Institutional investors own 96.72% of the company’s stock.
Nielsen N.V. (NLSN) opened at $33.26 on Friday. The firm has a market capitalization of $11,416.18, a price-to-earnings ratio of 27.49, a price-to-earnings-growth ratio of 1.59 and a beta of 0.90. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.88. Nielsen N.V. has a fifty-two week low of $31.99 and a fifty-two week high of $45.41.
Nielsen (NYSE:NLSN) last announced its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.71 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.04). Nielsen had a net margin of 6.53% and a return on equity of 16.79%. The company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period in the prior year, the firm earned $0.44 earnings per share. Nielsen’s revenue was up 6.3% on a year-over-year basis. equities research analysts anticipate that Nielsen N.V. will post 2.52 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Wednesday, March 7th will be issued a dividend of $0.34 per share. The ex-dividend date is Tuesday, March 6th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.09%. Nielsen’s dividend payout ratio (DPR) is currently 112.40%.
In other news, CFO Jamere Jackson sold 16,000 shares of the business’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $36.30, for a total transaction of $580,800.00. Following the completion of the transaction, the chief financial officer now owns 93,138 shares of the company’s stock, valued at approximately $3,380,909.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Dwight Barns purchased 13,631 shares of the stock in a transaction dated Friday, December 1st. The shares were acquired at an average cost of $36.86 per share, with a total value of $502,438.66. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by insiders.
Several research firms recently issued reports on NLSN. Zacks Investment Research downgraded Nielsen from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. Needham & Company LLC restated a “buy” rating on shares of Nielsen in a research note on Friday, October 27th. Goldman Sachs Group began coverage on Nielsen in a research note on Wednesday, November 8th. They issued a “neutral” rating and a $40.00 price target for the company. Deutsche Bank set a $35.00 price target on Nielsen and gave the company a “hold” rating in a research note on Wednesday, November 29th. Finally, BidaskClub cut Nielsen from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $42.35.
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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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