Nielsen N.V. (NLSN) Holdings Lifted by Municipal Employees Retirement System of Michigan
Municipal Employees Retirement System of Michigan raised its holdings in Nielsen N.V. (NYSE:NLSN) by 229.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,610 shares of the business services provider’s stock after acquiring an additional 19,930 shares during the period. Municipal Employees Retirement System of Michigan’s holdings in Nielsen were worth $1,041,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its stake in shares of Nielsen by 2,712.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,360 shares of the business services provider’s stock valued at $159,000 after purchasing an additional 4,205 shares in the last quarter. Sciencast Management LP acquired a new stake in shares of Nielsen during the fourth quarter valued at about $200,000. Teacher Retirement System of Texas acquired a new stake in shares of Nielsen during the third quarter valued at about $202,000. Creative Planning acquired a new stake in shares of Nielsen during the fourth quarter valued at about $204,000. Finally, Dai Ichi Life Insurance Company Ltd acquired a new stake in shares of Nielsen during the third quarter valued at about $208,000. Hedge funds and other institutional investors own 98.07% of the company’s stock.
In other Nielsen news, CFO Jamere Jackson sold 19,000 shares of the business’s stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of $32.97, for a total value of $626,430.00. Following the transaction, the chief financial officer now directly owns 81,848 shares of the company’s stock, valued at $2,698,528.56. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.67% of the stock is currently owned by insiders.
Nielsen (NYSE:NLSN) last issued its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.71 earnings per share (EPS) 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 business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period last year, the firm posted $0.44 earnings per share. Nielsen’s quarterly revenue was up 6.3% compared to the same quarter last year. analysts predict that Nielsen N.V. will post 2.52 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 21st. Shareholders of record on Wednesday, March 7th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 4.19%. The ex-dividend date was Tuesday, March 6th. Nielsen’s dividend payout ratio (DPR) is presently 112.40%.
NLSN has been the topic of a number of recent research reports. 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. Macquarie lowered Nielsen from an “outperform” rating to a “neutral” rating and set a $38.00 price target on the stock. in a research note on Tuesday, January 2nd. Zacks Investment Research raised Nielsen from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 10th. BMO Capital Markets cut their price target on Nielsen from $40.00 to $38.00 and set a “market perform” rating on the stock in a research note on Monday, February 12th. Finally, Credit Suisse Group cut their price target on Nielsen from $44.00 to $43.00 and set an “outperform” rating on the stock in a research note on Friday, February 9th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the stock. Nielsen has a consensus rating of “Hold” and an average price target of $41.88.
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Nielsen Company Profile
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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