Nielsen N.V. (NLSN) Holdings Lifted by Victory Capital Management Inc.
Victory Capital Management Inc. boosted its stake in shares of Nielsen N.V. (NYSE:NLSN) by 14.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,809 shares of the business services provider’s stock after acquiring an additional 16,380 shares during the quarter. Victory Capital Management Inc.’s holdings in Nielsen N.V. were worth $5,057,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Creative Planning raised its stake in Nielsen N.V. by 3.0% during the second quarter. Creative Planning now owns 3,593 shares of the business services provider’s stock worth $139,000 after acquiring an additional 103 shares in the last quarter. IBM Retirement Fund raised its stake in Nielsen N.V. by 33.3% during the second quarter. IBM Retirement Fund now owns 5,351 shares of the business services provider’s stock worth $207,000 after acquiring an additional 1,336 shares in the last quarter. Garde Capital Inc. acquired a new position in Nielsen N.V. during the second quarter worth $213,000. Wilbanks Smith & Thomas Asset Management LLC acquired a new position in Nielsen N.V. during the first quarter worth $220,000. Finally, Bronfman E.L. Rothschild L.P. raised its stake in Nielsen N.V. by 50.7% during the first quarter. Bronfman E.L. Rothschild L.P. now owns 5,357 shares of the business services provider’s stock worth $221,000 after acquiring an additional 1,802 shares in the last quarter. Hedge funds and other institutional investors own 96.32% of the company’s stock.
NLSN has been the subject of several recent analyst reports. Deutsche Bank AG dropped their price objective on Nielsen N.V. from $44.00 to $40.00 and set a “hold” rating for the company in a research note on Tuesday, May 30th. BidaskClub lowered Nielsen N.V. from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 24th. J P Morgan Chase & Co reiterated an “overweight” rating and set a $44.00 price objective (down from $48.00) on shares of Nielsen N.V. in a research note on Wednesday, June 21st. Zacks Investment Research upgraded Nielsen N.V. from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research note on Friday, July 28th. Finally, Pivotal Research dropped their price objective on Nielsen N.V. from $39.00 to $38.00 and set a “hold” rating for the company in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $46.64.
Shares of Nielsen N.V. (NLSN) opened at 38.55 on Friday. Nielsen N.V. has a 12 month low of $36.96 and a 12 month high of $54.99. The company has a 50-day moving average price of $40.41 and a 200-day moving average price of $40.52. The firm has a market capitalization of $13.75 billion, a price-to-earnings ratio of 28.10 and a beta of 1.00.
Nielsen N.V. (NYSE:NLSN) last announced its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.63 by $0.14. Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the prior year, the company earned $0.31 earnings per share. Nielsen N.V.’s quarterly revenue was up 3.0% compared to the same quarter last year. Equities analysts forecast that Nielsen N.V. will post $2.60 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 7th. Investors of record on Thursday, August 24th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $1.36 annualized dividend and a dividend yield of 3.53%. Nielsen N.V.’s dividend payout ratio is currently 99.27%.
In other Nielsen N.V. news, insider Stephen Hasker sold 20,930 shares of the company’s stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $43.00, for a total value of $899,990.00. Following the completion of the transaction, the insider now owns 79,341 shares of the company’s stock, valued at approximately $3,411,663. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.67% of the stock is owned by corporate insiders.
COPYRIGHT VIOLATION NOTICE: This news story was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright & trademark laws. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/09/08/nielsen-n-v-nlsn-holdings-lifted-by-victory-capital-management-inc.html.
About Nielsen N.V.
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.
Receive News & Stock Ratings for Nielsen N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nielsen N.V. and related stocks with our FREE daily email newsletter.