Investors Buy Shares of Nielsen (NLSN) on Weakness
Investors purchased shares of Nielsen Holdings PLC (NYSE:NLSN) on weakness during trading hours on Thursday. $49.31 million flowed into the stock on the tick-up and $15.98 million flowed out of the stock on the tick-down, for a money net flow of $33.33 million into the stock. Of all companies tracked, Nielsen had the 27th highest net in-flow for the day. Nielsen traded down ($0.02) for the day and closed at $26.54
A number of analysts have weighed in on NLSN shares. Morgan Stanley reduced their price objective on shares of Nielsen from $40.00 to $38.00 and set a “$30.76” rating for the company in a research note on Wednesday, July 18th. Pivotal Research reduced their price target on shares of Nielsen from $35.00 to $27.00 and set a “buy” rating for the company in a research note on Thursday, July 26th. BMO Capital Markets lowered shares of Nielsen from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $38.00 to $24.00 in a research note on Thursday, July 26th. Needham & Company LLC reduced their price target on shares of Nielsen to $30.00 and set a “buy” rating for the company in a research note on Friday, July 27th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $26.00 price target on shares of Nielsen in a research note on Friday, July 27th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. Nielsen currently has a consensus rating of “Hold” and an average target price of $29.67.
The company has a market capitalization of $9.43 billion, a P/E ratio of 12.54, a P/E/G ratio of 1.43 and a beta of 0.88. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Wednesday, November 21st will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, November 20th. This represents a $1.40 annualized dividend and a yield of 5.29%. Nielsen’s dividend payout ratio (DPR) is 66.35%.
A number of hedge funds and other institutional investors have recently made changes to their positions in NLSN. FMR LLC grew its position in Nielsen by 135.2% during the second quarter. FMR LLC now owns 21,740,698 shares of the business services provider’s stock valued at $672,439,000 after buying an additional 12,496,283 shares during the period. Bank of New York Mellon Corp grew its position in Nielsen by 59.7% during the third quarter. Bank of New York Mellon Corp now owns 9,051,524 shares of the business services provider’s stock valued at $250,365,000 after buying an additional 3,383,596 shares during the period. Clarkston Capital Partners LLC grew its position in Nielsen by 89.7% during the third quarter. Clarkston Capital Partners LLC now owns 5,511,355 shares of the business services provider’s stock valued at $152,444,000 after buying an additional 2,606,195 shares during the period. Toronto Dominion Bank grew its position in Nielsen by 1,281.8% during the second quarter. Toronto Dominion Bank now owns 2,517,432 shares of the business services provider’s stock valued at $77,846,000 after buying an additional 2,335,241 shares during the period. Finally, Thompson Siegel & Walmsley LLC bought a new stake in Nielsen during the third quarter valued at approximately $53,909,000. Institutional investors own 95.57% of the company’s stock.
Nielsen Company Profile (NYSE:NLSN)
Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
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