Nielsen NV (NLSN) PT Set at $61.00 by Macquarie
Nielsen NV (NYSE:NLSN) has been given a $61.00 price objective by analysts at Macquarie in a report released on Wednesday. The firm currently has a a “buy” rating on the stock. Macquarie’s target price indicates a potential upside of 17.20% from the company’s previous close.
A number of other research firms have also issued reports on NLSN. BMO Capital Markets lowered Nielsen NV from an “outperform” rating to a “market perform” rating and set a $56.00 target price for the company. in a report on Friday, July 22nd. They noted that the move was a valuation call. Pivotal Research restated a “hold” rating on shares of Nielsen NV in a report on Tuesday, July 26th. Bank of America Corp. restated a “buy” rating on shares of Nielsen NV in a report on Wednesday, June 15th. JPMorgan Chase & Co. increased their target price on Nielsen NV from $60.00 to $64.00 and gave the company an “overweight” rating in a report on Wednesday, July 27th. Finally, Barclays PLC restated a “buy” rating on shares of Nielsen NV in a report on Saturday, July 9th. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $57.13.
Shares of Nielsen NV (NYSE:NLSN) traded up 1.04% during midday trading on Wednesday, hitting $52.59. The stock had a trading volume of 1,417,105 shares. The firm has a market cap of $18.79 billion, a price-to-earnings ratio of 31.80 and a beta of 0.83. The firm has a 50-day moving average price of $52.74 and a 200-day moving average price of $52.91. Nielsen NV has a 1-year low of $42.90 and a 1-year high of $55.94.
Nielsen NV (NYSE:NLSN) last released its earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.71. The company earned $1.60 billion during the quarter, compared to analyst estimates of $1.61 billion. Nielsen NV had a return on equity of 21.08% and a net margin of 9.71%. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.66 earnings per share. On average, equities analysts anticipate that Nielsen NV will post $2.87 EPS for the current fiscal year.
In other news, CEO Dwight Barns sold 60,136 shares of the firm’s stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $53.75, for a total value of $3,232,310.00. Following the sale, the chief executive officer now directly owns 248,600 shares of the company’s stock, valued at $13,362,250. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David L. Calhoun sold 577,320 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $52.93, for a total value of $30,557,547.60. Following the completion of the sale, the director now directly owns 1,117,653 shares in the company, valued at $59,157,373.29. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.
Several large investors have recently modified their holdings of NLSN. Handelsbanken Fonder AB acquired a new stake in shares of Nielsen NV during the second quarter valued at about $43,343,000. Renaissance Technologies LLC increased its stake in shares of Nielsen NV by 965.9% in the first quarter. Renaissance Technologies LLC now owns 1,398,500 shares of the company’s stock valued at $73,645,000 after buying an additional 1,267,300 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Nielsen NV by 8.9% in the first quarter. Royal Bank of Canada now owns 2,065,626 shares of the company’s stock valued at $108,775,000 after buying an additional 169,078 shares in the last quarter. Nuveen Asset Management LLC increased its stake in shares of Nielsen NV by 378.8% in the first quarter. Nuveen Asset Management LLC now owns 112,368 shares of the company’s stock valued at $5,917,000 after buying an additional 88,900 shares in the last quarter. Finally, IBIS Capital Partners LLP increased its stake in shares of Nielsen NV by 5.7% in the first quarter. IBIS Capital Partners LLP now owns 534,641 shares of the company’s stock valued at $28,154,000 after buying an additional 28,623 shares in the last quarter. 92.33% of the stock is currently owned by institutional investors.
Nielsen NV 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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