Nielsen N.V. (NLSN) Shares Bought by Neuberger Berman Group LLC
Neuberger Berman Group LLC boosted its stake in Nielsen N.V. (NYSE:NLSN) by 40.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,882,025 shares of the business services provider’s stock after buying an additional 830,707 shares during the period. Neuberger Berman Group LLC owned about 0.81% of Nielsen N.V. worth $111,419,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of NLSN. BlackRock Inc. raised its stake in shares of Nielsen N.V. by 4,459.8% in the first quarter. BlackRock Inc. now owns 30,913,604 shares of the business services provider’s stock valued at $1,277,040,000 after buying an additional 30,235,644 shares during the period. Vontobel Asset Management Inc. purchased a new stake in shares of Nielsen N.V. during the second quarter valued at about $177,700,000. Renaissance Technologies LLC raised its stake in shares of Nielsen N.V. by 184.7% in the first quarter. Renaissance Technologies LLC now owns 3,155,856 shares of the business services provider’s stock valued at $130,368,000 after buying an additional 2,047,456 shares during the period. OppenheimerFunds Inc. raised its stake in shares of Nielsen N.V. by 30.1% in the first quarter. OppenheimerFunds Inc. now owns 8,341,491 shares of the business services provider’s stock valued at $344,587,000 after buying an additional 1,930,102 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Nielsen N.V. by 5.8% in the first quarter. Vanguard Group Inc. now owns 34,704,266 shares of the business services provider’s stock valued at $1,433,633,000 after buying an additional 1,892,556 shares during the period. 96.32% of the stock is owned by hedge funds and other institutional investors.
Nielsen N.V. (NYSE NLSN) opened at 39.07 on Wednesday. The firm’s 50-day moving average price is $40.17 and its 200-day moving average price is $40.83. Nielsen N.V. has a 52-week low of $36.96 and a 52-week high of $54.99. The company has a market cap of $13.93 billion, a price-to-earnings ratio of 28.48 and a beta of 0.97.
Nielsen N.V. (NYSE:NLSN) last posted its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.63 by $0.14. Nielsen N.V. had a net margin of 7.68% and a return on equity of 15.96%. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period last year, the company earned $0.31 EPS. The business’s quarterly revenue was up 3.0% on a year-over-year basis. On average, equities analysts anticipate that Nielsen N.V. will post $2.60 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 7th. Investors of record on Thursday, August 24th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.48%. Nielsen N.V.’s payout ratio is currently 99.27%.
Several equities research analysts have issued reports on NLSN shares. BidaskClub raised Nielsen N.V. from a “strong sell” rating to a “sell” rating in a research note on Friday, June 16th. J P Morgan Chase & Co reissued an “overweight” rating and issued a $44.00 target price (down previously from $48.00) on shares of Nielsen N.V. in a research note on Wednesday, June 21st. Citigroup Inc. reissued a “neutral” rating and issued a $42.00 target price (down previously from $45.00) on shares of Nielsen N.V. in a research note on Thursday, June 1st. Deutsche Bank AG lowered their target price on Nielsen N.V. from $44.00 to $40.00 and set a “hold” rating for the company in a research note on Tuesday, May 30th. Finally, Zacks Investment Research raised Nielsen N.V. from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $46.64.
In related news, insider Stephen Hasker sold 20,930 shares of the stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $43.00, for a total transaction of $899,990.00. Following the completion of the transaction, the insider now owns 79,341 shares of the company’s stock, valued at approximately $3,411,663. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.67% of the company’s stock.
Nielsen N.V. 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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