Nielsen N.V. (NYSE:NLSN) Shares Bought by Endurance Wealth Management Inc.
Endurance Wealth Management Inc. increased its position in shares of Nielsen N.V. (NYSE:NLSN) by 4.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,263 shares of the business services provider’s stock after buying an additional 2,175 shares during the period. Endurance Wealth Management Inc.’s holdings in Nielsen N.V. were worth $2,175,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in NLSN. Lowe Brockenbrough & Co. Inc. raised its position in shares of Nielsen N.V. by 0.5% in the second quarter. Lowe Brockenbrough & Co. Inc. now owns 116,897 shares of the business services provider’s stock worth $4,519,000 after buying an additional 587 shares during the period. Sei Investments Co. raised its position in Nielsen N.V. by 3.4% in the second quarter. Sei Investments Co. now owns 416,984 shares of the business services provider’s stock valued at $16,121,000 after buying an additional 13,554 shares during the last quarter. Garde Capital Inc. acquired a new position in Nielsen N.V. during the second quarter valued at $213,000. CIBC Asset Management Inc raised its position in Nielsen N.V. by 0.7% in the second quarter. CIBC Asset Management Inc now owns 20,998 shares of the business services provider’s stock valued at $812,000 after buying an additional 138 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS raised its position in Nielsen N.V. by 3.6% in the second quarter. Kornitzer Capital Management Inc. KS now owns 1,010,714 shares of the business services provider’s stock valued at $39,074,000 after buying an additional 35,170 shares during the last quarter. Institutional investors own 94.96% of the company’s stock.
Shares of Nielsen N.V. (NYSE NLSN) opened at 42.37 on Monday. The stock has a market cap of $15.11 billion, a P/E ratio of 30.88 and a beta of 0.97. Nielsen N.V. has a 1-year low of $36.96 and a 1-year high of $54.99. The company’s 50-day moving average is $38.86 and its 200 day moving average is $40.87.
Nielsen N.V. (NYSE:NLSN) last posted its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by $0.14. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.65 billion. Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. Nielsen N.V.’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.31 earnings per share. Equities research analysts anticipate that Nielsen N.V. will post $2.62 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Investors of record on Thursday, August 24th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 3.21%. The ex-dividend date is Tuesday, August 22nd. Nielsen N.V.’s payout ratio is currently 99.27%.
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Several research firms recently weighed in on NLSN. TheStreet upgraded shares of Nielsen N.V. from a “c” rating to a “b-” rating in a report on Monday, July 31st. BidaskClub upgraded shares of Nielsen N.V. from a “hold” rating to a “buy” rating in a report on Saturday. Pivotal Research reduced their target price on shares of Nielsen N.V. from $39.00 to $38.00 and set a “hold” rating on the stock in a report on Thursday, July 27th. Zacks Investment Research upgraded shares of Nielsen N.V. from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Friday, July 28th. Finally, Deutsche Bank AG reduced their target price on shares of Nielsen N.V. from $44.00 to $40.00 and set a “hold” rating on the stock in a report on Tuesday, May 30th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $46.64.
In related news, CFO Jamere Jackson sold 11,500 shares of the stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of $38.55, for a total transaction of $443,325.00. Following the completion of the sale, the chief financial officer now owns 87,888 shares in the company, valued at approximately $3,388,082.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Stephen Hasker sold 20,930 shares of the stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $43.00, for a total transaction of $899,990.00. Following the sale, the insider now owns 79,341 shares of the company’s stock, valued at approximately $3,411,663. The disclosure for this sale can be found here. 1.20% of the stock is owned by corporate insiders.
About Nielsen N.V.
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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