Cantor Fitzgerald Initiates Coverage on Nielsen NV (NLSN)
Several other equities analysts also recently weighed in on the stock. Macquarie assumed coverage on shares of Nielsen NV in a report on Thursday, August 25th. They set an outperform rating and a $61.00 price target on the stock. JPMorgan Chase & Co. boosted their target price on shares of Nielsen NV from $60.00 to $64.00 and gave the stock an overweight rating in a report on Wednesday, July 27th. Pivotal Research reissued a hold rating on shares of Nielsen NV in a report on Tuesday, July 26th. BMO Capital Markets downgraded shares of Nielsen NV from an outperform rating to a market perform rating and set a $56.00 target price on the stock. in a report on Friday, July 22nd. They noted that the move was a valuation call. Finally, Barclays PLC reissued a buy rating on shares of Nielsen NV in a report on Saturday, July 9th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of Buy and a consensus target price of $57.13.
Shares of Nielsen NV (NYSE:NLSN) opened at 52.41 on Thursday. Nielsen NV has a 12 month low of $42.90 and a 12 month high of $55.94. The stock has a market cap of $18.73 billion, a PE ratio of 31.69 and a beta of 0.91. The firm’s 50-day moving average is $52.76 and its 200 day moving average is $52.77.
Nielsen NV (NYSE:NLSN) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share for the quarter, meeting the consensus estimate of $0.71. Nielsen NV had a net margin of 9.71% and a return on equity of 21.08%. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the previous year, the firm earned $0.66 earnings per share. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, equities analysts predict that Nielsen NV will post $2.87 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 8th. Stockholders of record on Thursday, August 25th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, August 23rd. This represents a $1.24 annualized dividend and a dividend yield of 2.37%. Nielsen NV’s dividend payout ratio (DPR) is currently 75.61%.
In other news, Director David L. Calhoun sold 105,441 shares of the company’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $52.97, for a total transaction of $5,585,209.77. Following the transaction, the director now owns 941,446 shares in the company, valued at $49,868,394.62. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Giovanni Tavolieri sold 7,883 shares of the company’s stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $52.76, for a total transaction of $415,907.08. Following the transaction, the insider now owns 21,417 shares in the company, valued at approximately $1,129,960.92. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.
Several institutional investors have recently bought and sold shares of the stock. Pinkerton Retirement Specialists LLC acquired a new position in shares of Nielsen NV during the second quarter valued at $141,000. Advisor Group Inc. acquired a new position in shares of Nielsen NV during the second quarter valued at $151,000. Creative Planning increased its position in shares of Nielsen NV by 300.3% in the second quarter. Creative Planning now owns 3,082 shares of the company’s stock valued at $160,000 after buying an additional 2,312 shares during the period. Global X Management Co. LLC increased its position in shares of Nielsen NV by 12.8% in the second quarter. Global X Management Co. LLC now owns 3,343 shares of the company’s stock valued at $174,000 after buying an additional 380 shares during the period. Finally, Point72 Asia Hong Kong Ltd increased its position in shares of Nielsen NV by 12.5% in the second quarter. Point72 Asia Hong Kong Ltd now owns 3,600 shares of the company’s stock valued at $187,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 92.33% of the company’s stock.
About Nielsen NV
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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