Nielsen N.V. (NLSN) Position Raised by Oppenheimer Asset Management Inc.
Oppenheimer Asset Management Inc. increased its holdings in Nielsen N.V. (NYSE:NLSN) by 6.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,609 shares of the business services provider’s stock after buying an additional 1,563 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Nielsen were worth $1,020,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. First Republic Investment Management Inc. increased its stake in Nielsen by 5.5% in the third quarter. First Republic Investment Management Inc. now owns 54,624 shares of the business services provider’s stock valued at $2,265,000 after acquiring an additional 2,836 shares during the last quarter. Asset Management One Co. Ltd. increased its stake in Nielsen by 5,902.0% in the third quarter. Asset Management One Co. Ltd. now owns 524,211 shares of the business services provider’s stock valued at $21,728,000 after acquiring an additional 515,477 shares during the last quarter. Platinum Investment Management Ltd. increased its stake in Nielsen by 14.1% in the third quarter. Platinum Investment Management Ltd. now owns 2,893,140 shares of the business services provider’s stock valued at $119,920,000 after acquiring an additional 358,100 shares during the last quarter. Santa Barbara Asset Management LLC increased its stake in Nielsen by 4.1% in the third quarter. Santa Barbara Asset Management LLC now owns 2,845,388 shares of the business services provider’s stock valued at $117,941,000 after acquiring an additional 112,818 shares during the last quarter. Finally, Allianz Asset Management GmbH increased its stake in Nielsen by 6.6% in the third quarter. Allianz Asset Management GmbH now owns 2,369,943 shares of the business services provider’s stock valued at $98,235,000 after acquiring an additional 146,404 shares during the last quarter. Institutional investors own 95.65% of the company’s stock.
Shares of Nielsen N.V. (NYSE:NLSN) traded down $0.35 during trading hours on Friday, hitting $36.60. The stock had a trading volume of 5,274,000 shares, compared to its average volume of 2,941,841. Nielsen N.V. has a 52-week low of $34.22 and a 52-week high of $45.73. The company has a market capitalization of $13,160.41, a PE ratio of 20.41, a P/E/G ratio of 1.75 and a beta of 0.94. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.88.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 5th. Stockholders of record on Tuesday, November 21st were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Monday, November 20th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.72%. Nielsen’s dividend payout ratio (DPR) is currently 95.78%.
A number of research analysts recently commented on the company. Zacks Investment Research cut Nielsen from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 17th. Barclays cut Nielsen from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $45.00 to $38.00 in a research note on Thursday. BidaskClub cut Nielsen from a “buy” rating to a “hold” rating in a research note on Saturday, August 19th. Sanford C. Bernstein reissued an “outperform” rating on shares of Nielsen in a research note on Tuesday, September 12th. Finally, Morgan Stanley reduced their target price on Nielsen from $50.00 to $49.00 and set an “overweight” rating on the stock in a research note on Thursday, October 26th. Three analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $43.60.
In other news, Director Luca Guerrino De bought 1,369 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was bought at an average cost of $36.54 per share, for a total transaction of $50,023.26. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Dwight Barns bought 13,631 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were purchased at an average price of $36.86 per share, with a total value of $502,438.66. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by company insiders.
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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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