Janney Montgomery Scott LLC Acquires Shares of 4,429 Nielsen NV (NLSN)
Janney Montgomery Scott LLC acquired a new position in Nielsen NV (NYSE:NLSN) during the second quarter, Holdings Channel reports. The firm acquired 4,429 shares of the company’s stock, valued at approximately $206,000.
A number of other large investors have also made changes to their positions in the company. State Street Corp increased its stake in Nielsen NV by 0.6% in the first quarter. State Street Corp now owns 13,343,984 shares of the company’s stock worth $702,701,000 after buying an additional 80,073 shares during the period. BlackRock Institutional Trust Company N.A. increased its stake in Nielsen NV by 2.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 9,641,501 shares of the company’s stock worth $507,721,000 after buying an additional 202,308 shares during the period. Jackson Square Partners LLC increased its stake in Nielsen NV by 724.3% in the first quarter. Jackson Square Partners LLC now owns 9,298,023 shares of the company’s stock worth $556,276,000 after buying an additional 8,169,990 shares during the period. Alecta Pensionsforsakring Omsesidigt increased its stake in Nielsen NV by 12.5% in the second quarter. Alecta Pensionsforsakring Omsesidigt now owns 5,719,000 shares of the company’s stock worth $297,159,000 after buying an additional 635,000 shares during the period. Finally, American Century Companies Inc. increased its stake in Nielsen NV by 2.9% in the second quarter. American Century Companies Inc. now owns 4,374,097 shares of the company’s stock worth $227,322,000 after buying an additional 123,235 shares during the period. Hedge funds and other institutional investors own 92.32% of the company’s stock.
Shares of Nielsen NV (NYSE:NLSN) traded up 0.19% during mid-day trading on Tuesday, hitting $52.41. The stock had a trading volume of 1,441,977 shares. The stock has a 50 day moving average of $52.79 and a 200-day moving average of $52.76. The stock has a market capitalization of $18.73 billion, a P/E ratio of 31.69 and a beta of 0.91. Nielsen NV has a 52 week low of $42.90 and a 52 week high of $55.94.
Nielsen NV (NYSE:NLSN) last released its quarterly earnings data on Tuesday, July 26th. The company reported $0.71 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.71. Nielsen NV had a return on equity of 21.08% and a net margin of 9.71%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter last year, the business posted $0.66 EPS. Nielsen NV’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, equities research analysts predict that Nielsen NV will post $2.87 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 8th. Investors of record on Thursday, August 25th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.37%. The ex-dividend date was Tuesday, August 23rd. Nielsen NV’s dividend payout ratio (DPR) is 75.61%.
A number of research firms have recently weighed in on NLSN. Barclays PLC reaffirmed a “buy” rating on shares of Nielsen NV in a research note on Saturday, July 9th. JPMorgan Chase & Co. raised their price objective on Nielsen NV from $60.00 to $64.00 and gave the company an “overweight” rating in a research note on Wednesday, July 27th. Pivotal Research reissued a “hold” rating on shares of Nielsen NV in a research note on Tuesday, July 26th. Bank of America Corp. reissued a “buy” rating on shares of Nielsen NV in a research note on Wednesday, June 15th. Finally, Macquarie began coverage on Nielsen NV in a research note on Thursday, August 25th. They issued an “outperform” rating and a $61.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Nielsen NV presently has a consensus rating of “Buy” and a consensus price target of $57.13.
In related news, insider Giovanni Tavolieri sold 7,883 shares of the firm’s stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $52.76, for a total transaction of $415,907.08. Following the completion of the transaction, the insider now directly owns 21,417 shares of the company’s stock, valued at approximately $1,129,960.92. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Dwight Barns sold 60,136 shares of the firm’s stock in a transaction on Thursday, July 28th. The stock was sold at an average price of $53.75, for a total value of $3,232,310.00. Following the transaction, the chief executive officer now directly owns 248,600 shares of the company’s stock, valued at $13,362,250. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
About Nielsen NV
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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