First Republic Investment Management Inc. Acquires 2,836 Shares of Nielsen N.V. (NLSN)
First Republic Investment Management Inc. lifted its holdings in Nielsen N.V. (NYSE:NLSN) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,624 shares of the business services provider’s stock after acquiring an additional 2,836 shares during the period. First Republic Investment Management Inc.’s holdings in Nielsen were worth $2,265,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Research Global Investors raised its position in shares of Nielsen by 21.2% during the 2nd quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock worth $1,469,362,000 after buying an additional 6,648,088 shares in the last quarter. FMR LLC raised its position in shares of Nielsen by 274.4% during the 2nd quarter. FMR LLC now owns 3,952,896 shares of the business services provider’s stock worth $152,819,000 after buying an additional 2,897,137 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Nielsen by 143.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,877,253 shares of the business services provider’s stock worth $188,555,000 after buying an additional 2,870,282 shares in the last quarter. Parnassus Investments CA bought a new stake in shares of Nielsen during the 3rd quarter worth about $103,625,000. Finally, River Road Asset Management LLC acquired a new position in shares of Nielsen in the 2nd quarter worth approximately $59,856,000. 95.65% of the stock is owned by institutional investors and hedge funds.
In other news, SVP Jeffrey Charlton sold 3,080 shares of the stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $36.01, for a total value of $110,910.80. Following the completion of the sale, the senior vice president now owns 10,100 shares of the company’s stock, valued at approximately $363,701. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Dwight Barns acquired 13,631 shares of the business’s stock in a transaction dated Friday, December 1st. The stock was bought 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. Corporate insiders own 0.67% of the company’s stock.
Shares of Nielsen N.V. (NLSN) traded down $0.06 during midday trading on Tuesday, reaching $37.89. 2,784,800 shares of the company traded hands, compared to its average volume of 2,933,896. The firm has a market cap of $13,516.58, a P/E ratio of 20.97, a price-to-earnings-growth ratio of 1.79 and a beta of 0.94. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.88. Nielsen N.V. has a 1-year low of $34.22 and a 1-year high of $45.73.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 5th. Shareholders of record on Tuesday, November 21st were given a dividend of $0.34 per share. The ex-dividend date was Monday, November 20th. This represents a $1.36 dividend on an annualized basis and a yield of 3.59%. Nielsen’s payout ratio is presently 95.78%.
Several equities analysts have recently issued reports on NLSN shares. Zacks Investment Research cut shares of Nielsen from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 17th. BidaskClub cut shares of Nielsen from a “buy” rating to a “hold” rating in a report on Saturday, August 19th. Pivotal Research restated a “hold” rating and set a $38.00 price target on shares of Nielsen in a report on Sunday, September 10th. Sanford C. Bernstein restated an “outperform” rating on shares of Nielsen in a report on Tuesday, September 12th. Finally, Needham & Company LLC restated a “buy” rating and set a $55.00 price target on shares of Nielsen in a report on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $44.07.
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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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