Creative Planning Boosts Position in Nielsen N.V. (NLSN)
Creative Planning boosted its stake in shares of Nielsen N.V. (NYSE:NLSN) by 3.0% during the second quarter, Holdings Channel reports. The fund owned 3,593 shares of the business services provider’s stock after buying an additional 103 shares during the period. Creative Planning’s holdings in Nielsen N.V. were worth $139,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased 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 worth $1,433,633,000 after buying an additional 1,892,556 shares in the last quarter. BlackRock Inc. increased 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 worth $1,277,040,000 after buying an additional 30,235,644 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Nielsen N.V. by 7.7% in the first quarter. Ameriprise Financial Inc. now owns 9,684,655 shares of the business services provider’s stock worth $400,075,000 after buying an additional 695,422 shares in the last quarter. OppenheimerFunds Inc. increased 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 worth $344,587,000 after buying an additional 1,930,102 shares in the last quarter. Finally, Alecta Pensionsforsakring Omsesidigt increased its stake in shares of Nielsen N.V. by 5.6% in the second quarter. Alecta Pensionsforsakring Omsesidigt now owns 7,579,000 shares of the business services provider’s stock worth $292,928,000 after buying an additional 400,000 shares in the last quarter. 94.96% of the stock is currently owned by institutional investors.
Nielsen N.V. (NYSE NLSN) traded down 0.92% during midday trading on Friday, reaching $40.79. The company’s stock had a trading volume of 1,581,901 shares. Nielsen N.V. has a 12 month low of $36.96 and a 12 month high of $54.99. The company has a market cap of $14.54 billion, a PE ratio of 29.73 and a beta of 0.97. The stock has a 50-day moving average price of $39.78 and a 200 day moving average price of $40.92.
Nielsen N.V. (NYSE:NLSN) last released its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.63 by $0.14. Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. The company had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same period in the previous year, the company earned $0.31 earnings per share. Nielsen N.V.’s quarterly revenue was up 3.0% on a year-over-year basis. Analysts expect that Nielsen N.V. will post $2.62 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Investors of record on Thursday, August 24th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend is Tuesday, August 22nd. Nielsen N.V.’s payout ratio is currently 99.27%.
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A number of equities research analysts recently issued reports on NLSN shares. BidaskClub raised Nielsen N.V. from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th. Deutsche Bank AG reissued a “hold” rating and set a $44.00 price target (down previously from $47.00) on shares of Nielsen N.V. in a research report on Saturday, April 29th. BMO Capital Markets reissued a “hold” rating and set a $45.00 price target on shares of Nielsen N.V. in a research report on Monday, April 17th. Morgan Stanley reduced their price target on Nielsen N.V. from $52.00 to $49.00 and set an “overweight” rating on the stock in a research report on Friday, April 28th. Finally, TheStreet downgraded Nielsen N.V. from a “b-” rating to a “c” rating in a research report on Tuesday, April 25th. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus 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 value of $443,325.00. Following the completion of the transaction, the chief financial officer now directly owns 87,888 shares of the company’s stock, valued at $3,388,082.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 completion of the transaction, the insider now directly owns 79,341 shares of the company’s stock, valued at $3,411,663. The disclosure for this sale can be found here. 1.20% of the stock is owned by corporate insiders.
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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