Squarepoint Ops LLC increased its position in shares of NIQ Global Intelligence plc (NYSE:NIQ – Free Report) by 209.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 266,414 shares of the company’s stock after acquiring an additional 180,372 shares during the quarter. Squarepoint Ops LLC’s holdings in NIQ Global Intelligence were worth $2,491,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in NIQ Global Intelligence during the second quarter worth about $108,000. California State Teachers Retirement System raised its stake in NIQ Global Intelligence by 1,022.0% during the second quarter. California State Teachers Retirement System now owns 631,443 shares of the company’s stock worth $5,904,000 after purchasing an additional 575,165 shares during the period. Readystate Asset Management LP boosted its holdings in NIQ Global Intelligence by 9.6% in the 2nd quarter. Readystate Asset Management LP now owns 164,375 shares of the company’s stock valued at $1,537,000 after purchasing an additional 14,375 shares during the last quarter. Wedmont Private Capital acquired a new position in NIQ Global Intelligence in the 2nd quarter valued at about $227,000. Finally, Public Employees Retirement System of Ohio acquired a new position in NIQ Global Intelligence in the 2nd quarter valued at about $157,000.
NIQ Global Intelligence Price Performance
Shares of NIQ opened at $18.62 on Tuesday. NIQ Global Intelligence plc has a 1-year low of $7.93 and a 1-year high of $19.69. The stock has a market cap of $5.49 billion, a PE ratio of -15.27 and a beta of -0.24. The firm has a 50-day simple moving average of $14.71 and a two-hundred day simple moving average of $11.80. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.09 and a quick ratio of 1.09.
Analyst Ratings Changes
A number of brokerages have recently issued reports on NIQ. Weiss Ratings restated a “sell (e+)” rating on shares of NIQ Global Intelligence in a report on Monday, July 6th. Needham & Company LLC upped their price objective on NIQ Global Intelligence from $18.00 to $21.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Robert W. Baird upped their price objective on NIQ Global Intelligence from $17.00 to $23.00 and gave the company an “outperform” rating in a report on Friday, August 28th. Deutsche Bank Aktiengesellschaft increased their price objective on NIQ Global Intelligence from $14.00 to $15.00 and gave the stock a “hold” rating in a research report on Tuesday, August 11th. Finally, Wells Fargo & Company raised their target price on NIQ Global Intelligence from $13.00 to $16.50 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, NIQ Global Intelligence has a consensus rating of “Moderate Buy” and a consensus target price of $18.50.
View Our Latest Stock Report on NIQ
NIQ Global Intelligence Company Profile
NIQ Global Intelligence plc, formerly known as NielsenIQ, is a global consumer intelligence and market measurement company. It provides data, analytics and technology that help consumer goods manufacturers, retailers and other businesses understand purchasing behavior, evaluate market performance and make decisions about products, pricing, distribution and marketing.
The company’s services include retail sales measurement, consumer panel data, market research, business intelligence, analytics and software solutions.
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