Bank of America Corp DE decreased its stake in shares of Neustar, Inc. (NYSE:NSR) by 6.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,501 shares of the technology company’s stock after selling 7,223 shares during the period. Bank of America Corp DE owned approximately 0.20% of Neustar worth $3,598,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in NSR. Northwestern Mutual Investment Management Company LLC raised its stake in shares of Neustar by 1.1% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 9,504 shares of the technology company’s stock valued at $315,000 after buying an additional 99 shares during the last quarter. Texas Permanent School Fund raised its stake in shares of Neustar by 0.3% in the first quarter. Texas Permanent School Fund now owns 39,930 shares of the technology company’s stock valued at $1,324,000 after buying an additional 127 shares during the last quarter. Credit Agricole S A increased its position in Neustar by 1.0% in the first quarter. Credit Agricole S A now owns 16,995 shares of the technology company’s stock worth $563,000 after buying an additional 165 shares during the period. Capstone Asset Management Co. increased its position in Neustar by 2.9% in the first quarter. Capstone Asset Management Co. now owns 7,519 shares of the technology company’s stock worth $249,000 after buying an additional 210 shares during the period. Finally, Advantus Capital Management Inc increased its position in Neustar by 4.1% in the first quarter. Advantus Capital Management Inc now owns 7,061 shares of the technology company’s stock worth $234,000 after buying an additional 279 shares during the period. Institutional investors own 88.81% of the company’s stock.

Neustar, Inc. (NSR) traded up 0.45% on Friday, reaching $33.50. The company had a trading volume of 1,077,367 shares. The company’s 50 day moving average is $33.35 and its 200-day moving average is $33.25. Neustar, Inc. has a one year low of $21.10 and a one year high of $34.40. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 10.25 and a beta of 1.37.

ILLEGAL ACTIVITY WARNING: This article was posted by Daily Political and is owned by of Daily Political. If you are reading this article on another site, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/08/05/neustar-inc-nsr-shares-sold-by-bank-of-america-corp-de.html.

Separately, BidaskClub downgraded Neustar from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 13th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Neustar currently has an average rating of “Hold” and an average target price of $32.00.

About Neustar

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.

Institutional Ownership by Quarter for Neustar (NYSE:NSR)

Receive News & Ratings for Neustar Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neustar Inc. and related companies with MarketBeat.com's FREE daily email newsletter.