Governors Lane LP lifted its holdings in shares of NIQ Global Intelligence plc (NYSE:NIQ – Free Report) by 76.9% during the 4th quarter, Holdings Channel reports. The firm owned 1,000,000 shares of the company’s stock after purchasing an additional 434,667 shares during the quarter. NIQ Global Intelligence comprises 1.0% of Governors Lane LP’s holdings, making the stock its 18th largest position. Governors Lane LP’s holdings in NIQ Global Intelligence were worth $16,490,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale bought a new stake in shares of NIQ Global Intelligence during the 4th quarter valued at about $9,891,000. UBS Group AG boosted its position in shares of NIQ Global Intelligence by 77.1% during the 4th quarter. UBS Group AG now owns 3,725,386 shares of the company’s stock valued at $61,432,000 after purchasing an additional 1,622,238 shares in the last quarter. Gabelli Funds LLC boosted its position in shares of NIQ Global Intelligence by 17.9% during the 4th quarter. Gabelli Funds LLC now owns 472,000 shares of the company’s stock valued at $7,783,000 after purchasing an additional 71,762 shares in the last quarter. WINTON GROUP Ltd bought a new stake in shares of NIQ Global Intelligence during the 4th quarter valued at about $1,419,000. Finally, Alamut Investment Management LLP boosted its position in shares of NIQ Global Intelligence by 68.3% during the 4th quarter. Alamut Investment Management LLP now owns 1,918,538 shares of the company’s stock valued at $31,637,000 after purchasing an additional 778,674 shares in the last quarter.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the company. Royal Bank Of Canada cut their target price on NIQ Global Intelligence from $20.00 to $13.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. BMO Capital Markets cut their target price on NIQ Global Intelligence from $16.00 to $11.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. UBS Group cut their target price on NIQ Global Intelligence from $24.00 to $21.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Citigroup dropped their price target on NIQ Global Intelligence from $17.50 to $16.00 and set a “neutral” rating on the stock in a research note on Friday, March 6th. Finally, Wall Street Zen raised NIQ Global Intelligence from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Twelve research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $17.58.
Insiders Place Their Bets
In other news, insider James M. Peck purchased 118,625 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average cost of $8.43 per share, with a total value of $1,000,008.75. Following the purchase, the insider owned 424,683 shares in the company, valued at $3,580,077.69. This represents a 38.76% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 3.80% of the company’s stock.
NIQ Global Intelligence Stock Down 2.4%
NIQ stock opened at $8.18 on Thursday. The stock’s 50 day simple moving average is $9.72 and its 200 day simple moving average is $12.58. NIQ Global Intelligence plc has a fifty-two week low of $7.93 and a fifty-two week high of $20.39. The company has a debt-to-equity ratio of 3.01, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $2.41 billion and a P/E ratio of -6.49.
NIQ Global Intelligence (NYSE:NIQ – Get Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.05. NIQ Global Intelligence had a positive return on equity of 10.30% and a negative net margin of 7.78%.The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.05 billion. NIQ Global Intelligence’s revenue for the quarter was up 11.1% on a year-over-year basis. NIQ Global Intelligence has set its FY 2026 guidance at 0.950-0.990 EPS and its Q2 2026 guidance at 0.190-0.21 EPS. On average, research analysts expect that NIQ Global Intelligence plc will post 0.89 earnings per share for the current fiscal year.
NIQ Global Intelligence Company Profile
Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage.
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