Van Berkom & Associates Inc. Cuts Position in Neustar, Inc. (NYSE:NSR)
Van Berkom & Associates Inc. cut its position in shares of Neustar, Inc. (NYSE:NSR) by 45.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 1,238,791 shares of the technology company’s stock after selling 1,048,743 shares during the period. Van Berkom & Associates Inc. owned 2.22% of Neustar worth $41,314,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in NSR. Two Sigma Investments LP purchased a new stake in shares of Neustar during the fourth quarter worth approximately $848,000. Norges Bank purchased a new stake in shares of Neustar during the fourth quarter worth approximately $42,663,000. Highbridge Capital Management LLC purchased a new stake in shares of Neustar during the fourth quarter worth approximately $10,174,000. Dimensional Fund Advisors LP boosted its stake in shares of Neustar by 78.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 374,543 shares of the technology company’s stock worth $12,510,000 after buying an additional 164,540 shares during the period. Finally, Strs Ohio purchased a new stake in shares of Neustar during the first quarter worth approximately $1,080,000. 90.73% of the stock is owned by hedge funds and other institutional investors.
Shares of Neustar, Inc. (NYSE:NSR) traded down 0.075% during midday trading on Friday, reaching $33.325. The company’s stock had a trading volume of 97,096 shares. The stock has a 50-day moving average price of $33.30 and a 200-day moving average price of $33.24. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 10.200 and a beta of 1.38. Neustar, Inc. has a 52-week low of $21.10 and a 52-week high of $34.40.
Separately, BidaskClub cut Neustar from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company has an average rating of “Hold” and an average price target of $32.00.
Neustar Company Profile
NeuStar, Inc is a global information services provider. The Company’s cloud-based platforms and differentiated data sets offer informative, real-time analytics, which enable clients to make actionable, data-driven decisions. It provides chief marketing officers a suite of services to plan their media spends, identify and locate desired customers, invest in marketing campaigns, deliver relevant offers and measure the performance of these activities.
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