Bank of New York Mellon Corp reduced its stake in shares of Nielsen NV (NYSE:NLSN) by 10.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 5,417,509 shares of the company’s stock after selling 614,163 shares during the period. Bank of New York Mellon Corp owned approximately 1.52% of Nielsen NV worth $290,215,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of NLSN. Oppenheimer & Co. Inc. boosted its position in Nielsen NV by 0.5% in the second quarter. Oppenheimer & Co. Inc. now owns 8,621 shares of the company’s stock valued at $448,000 after buying an additional 43 shares in the last quarter. Advisor Partners LLC boosted its position in Nielsen NV by 2.8% in the second quarter. Advisor Partners LLC now owns 4,988 shares of the company’s stock valued at $259,000 after buying an additional 136 shares in the last quarter. Private Trust Co. NA boosted its position in Nielsen NV by 1.7% in the second quarter. Private Trust Co. NA now owns 10,995 shares of the company’s stock valued at $571,000 after buying an additional 185 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its position in Nielsen NV by 1.8% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 11,665 shares of the company’s stock valued at $606,000 after buying an additional 205 shares in the last quarter. Finally, Hartford Investment Management Co. boosted its position in Nielsen NV by 0.3% in the second quarter. Hartford Investment Management Co. now owns 88,012 shares of the company’s stock valued at $4,574,000 after buying an additional 246 shares in the last quarter. 91.85% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Nielsen NV (NYSE:NLSN)

Shares of Nielsen NV (NYSE:NLSN) opened at 43.42 on Tuesday. The company has a market cap of $15.52 billion, a PE ratio of 26.69 and a beta of 0.85. The company has a 50 day moving average of $47.10 and a 200 day moving average of $51.60. Nielsen NV has a 1-year low of $42.25 and a 1-year high of $55.94.

Nielsen NV (NYSE:NLSN) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by $0.02. Nielsen NV had a return on equity of 21.50% and a net margin of 9.46%. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the previous year, the business earned $0.69 earnings per share. The company’s revenue was up 2.5% on a year-over-year basis. Equities analysts expect that Nielsen NV will post $2.76 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 6th. Investors of record on Tuesday, November 22nd will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.86%. Nielsen NV’s payout ratio is 76.54%.

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Several brokerages have issued reports on NLSN. SunTrust Banks Inc. began coverage on shares of Nielsen NV in a research note on Tuesday, November 15th. They set a “buy” rating and a $50.00 target price on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $65.00 price target on shares of Nielsen NV in a research note on Monday, November 7th. Pivotal Research dropped their price target on shares of Nielsen NV from $52.00 to $51.00 and set a “hold” rating on the stock in a research note on Tuesday, October 25th. Macquarie assumed coverage on shares of Nielsen NV in a research note on Thursday, August 25th. They issued an “outperform” rating and a $61.00 price target on the stock. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $64.00 price target on shares of Nielsen NV in a research note on Tuesday, September 27th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $55.82.

In other Nielsen NV news, SVP Jeffrey Charlton sold 5,574 shares of Nielsen NV stock in a transaction 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 sale, the senior vice president now directly owns 18,266 shares in the company, valued at approximately $835,121.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Vice Chairman Arvin Kash sold 120,196 shares of Nielsen NV stock in a transaction on Thursday, November 3rd. The shares were sold at an average price of $43.96, for a total transaction of $5,283,816.16. Following the completion of the sale, the insider now owns 47,376 shares in the company, 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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