515,947 Shares in Nielsen NV (NLSN) Acquired by Eagle Asset Management Inc.
Eagle Asset Management Inc. purchased a new position in shares of Nielsen NV (NYSE:NLSN) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 515,947 shares of the company’s stock, valued at approximately $27,639,000. Eagle Asset Management Inc. owned approximately 0.14% of Nielsen NV as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of NLSN. Pinkerton Retirement Specialists LLC acquired a new stake in Nielsen NV during the second quarter worth $141,000. Advisor Group Inc. acquired a new stake in Nielsen NV during the second quarter worth $151,000. Creative Planning raised its stake in Nielsen NV by 300.3% in the second quarter. Creative Planning now owns 3,082 shares of the company’s stock worth $160,000 after buying an additional 2,312 shares in the last quarter. Global X Management Co. LLC raised its stake in Nielsen NV by 12.8% in the second quarter. Global X Management Co. LLC now owns 3,343 shares of the company’s stock worth $174,000 after buying an additional 380 shares in the last quarter. Finally, Point72 Asia Hong Kong Ltd raised its stake in Nielsen NV by 12.5% in the second quarter. Point72 Asia Hong Kong Ltd now owns 3,600 shares of the company’s stock worth $187,000 after buying an additional 400 shares in the last quarter. 93.26% of the stock is currently owned by institutional investors and hedge funds.
Nielsen NV (NYSE:NLSN) traded up 0.67% on Friday, reaching $43.40. 1,175,640 shares of the company traded hands. The stock’s 50-day moving average is $47.35 and its 200-day moving average is $51.67. The stock has a market capitalization of $15.51 billion, a price-to-earnings ratio of 26.67 and a beta of 0.85. Nielsen NV has a 1-year low of $42.25 and a 1-year high of $55.94.
Nielsen NV (NYSE:NLSN) last released its quarterly earnings data on Tuesday, October 25th. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.76 by $0.02. Nielsen NV had a net margin of 9.46% and a return on equity of 21.50%. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the previous year, the firm earned $0.69 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. Equities research analysts expect that Nielsen NV will post $2.76 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 6th. Investors of record on Tuesday, November 22nd will be given a dividend of $0.31 per share. The ex-dividend date is Friday, November 18th. This represents a $1.24 annualized dividend and a yield of 2.86%. Nielsen NV’s dividend payout ratio (DPR) is 76.54%.
A number of equities research analysts recently weighed in on NLSN shares. Macquarie started coverage on shares of Nielsen NV in a report on Thursday, August 25th. They issued an “outperform” rating and a $61.00 target price on the stock. Cantor Fitzgerald started coverage on shares of Nielsen NV in a report on Thursday, September 15th. They issued a “hold” rating and a $57.00 target price on the stock. JPMorgan Chase & Co. restated a “buy” rating and issued a $64.00 target price on shares of Nielsen NV in a report on Tuesday, September 27th. Pivotal Research lowered their target price on shares of Nielsen NV from $52.00 to $51.00 and set a “hold” rating on the stock in a report on Tuesday, October 25th. Finally, Needham & Company LLC restated a “buy” rating and issued a $65.00 target price on shares of Nielsen NV in a report on Tuesday, October 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $55.82.
In other Nielsen NV news, SVP Jeffrey Charlton sold 5,574 shares of the company’s stock in a transaction that occurred on Wednesday, November 2nd. The shares were sold at an average price of $45.72, for a total value of $254,843.28. Following the completion of the transaction, the senior vice president now directly owns 18,266 shares in the company, valued at $835,121.52. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Vice Chairman Arvin Kash sold 120,196 shares of the company’s stock in a transaction that occurred on Thursday, November 3rd. The stock was sold at an average price of $43.96, for a total transaction of $5,283,816.16. Following the completion of the transaction, the insider now owns 47,376 shares of the company’s stock, valued at $2,082,648.96. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
About Nielsen NV
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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