BlackRock Inc. Sells 1,045,492 Shares of Nielsen N.V. (NLSN)
BlackRock Inc. lowered its stake in Nielsen N.V. (NYSE:NLSN) by 3.4% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,868,112 shares of the business services provider’s stock after selling 1,045,492 shares during the quarter. BlackRock Inc. owned approximately 8.38% of Nielsen N.V. worth $1,154,704,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently bought and sold shares of NLSN. Nisa Investment Advisors LLC lifted its stake in Nielsen N.V. by 200.0% in the 1st quarter. Nisa Investment Advisors LLC now owns 6,000 shares of the business services provider’s stock valued at $248,000 after buying an additional 4,000 shares in the last quarter. Nationwide Fund Advisors lifted its stake in Nielsen N.V. by 33.4% in the 1st quarter. Nationwide Fund Advisors now owns 123,228 shares of the business services provider’s stock valued at $5,091,000 after buying an additional 30,836 shares in the last quarter. Karp Capital Management Corp purchased a new stake in Nielsen N.V. in the 1st quarter valued at approximately $3,202,000. Keybank National Association OH lifted its stake in Nielsen N.V. by 22.9% in the 1st quarter. Keybank National Association OH now owns 9,857 shares of the business services provider’s stock valued at $407,000 after buying an additional 1,834 shares in the last quarter. Finally, Oxford Asset Management purchased a new stake in Nielsen N.V. in the 1st quarter valued at approximately $1,334,000. 96.29% of the stock is currently owned by hedge funds and other institutional investors.
Nielsen N.V. (NYSE NLSN) opened at 39.85 on Monday. The company has a 50 day moving average price of $40.34 and a 200 day moving average price of $40.30. Nielsen N.V. has a 12 month low of $36.96 and a 12 month high of $54.99. The stock has a market capitalization of $14.21 billion, a price-to-earnings ratio of 29.05 and a beta of 1.00.
Nielsen N.V. (NYSE:NLSN) last posted 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 firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the previous year, the firm posted $0.31 earnings per share. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. Equities research analysts predict that Nielsen N.V. will post $2.60 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 7th. Shareholders of record on Thursday, August 24th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 3.41%. The ex-dividend date was Tuesday, August 22nd. Nielsen N.V.’s payout ratio is 99.27%.
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A number of equities research analysts recently issued reports on NLSN shares. TheStreet raised Nielsen N.V. from a “c” rating to a “b-” rating in a research note on Monday, July 31st. Zacks Investment Research raised Nielsen N.V. from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research note on Friday, July 28th. BidaskClub raised Nielsen N.V. from a “hold” rating to a “buy” rating in a research note on Saturday, August 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $55.00 target price on shares of Nielsen N.V. in a research note on Tuesday, September 12th. Finally, Pivotal Research reissued a “hold” rating and set a $38.00 price target on shares of Nielsen N.V. in a research note on Sunday, September 10th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $46.64.
In other Nielsen N.V. news, SVP Jeffrey Charlton sold 3,762 shares of Nielsen N.V. stock in a transaction on Monday, September 11th. The shares were sold at an average price of $49.21, for a total transaction of $185,128.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Karen M. Hoguet sold 18,620 shares of Nielsen N.V. stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $39.01, for a total transaction of $726,366.20. Following the sale, the director now directly owns 44,080 shares of the company’s stock, valued at approximately $1,719,560.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 43,312 shares of company stock worth $1,811,484. Corporate insiders own 0.67% of the company’s stock.
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.
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