Teachers Advisors LLC Decreases Position in Nielsen N.V. (NLSN)
Teachers Advisors LLC trimmed its position in shares of Nielsen N.V. (NYSE:NLSN) by 29.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,089,613 shares of the business services provider’s stock after selling 456,278 shares during the period. Teachers Advisors LLC owned about 0.31% of Nielsen N.V. worth $42,124,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Cowen Inc. raised its holdings in shares of Nielsen N.V. by 71.1% during the 2nd quarter. Cowen Inc. now owns 38,500 shares of the business services provider’s stock valued at $1,488,000 after buying an additional 16,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Nielsen N.V. by 2.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,620 shares of the business services provider’s stock valued at $140,000 after buying an additional 87 shares in the last quarter. Noesis Capital Mangement Corp raised its holdings in shares of Nielsen N.V. by 3.0% during the 2nd quarter. Noesis Capital Mangement Corp now owns 165,952 shares of the business services provider’s stock valued at $6,416,000 after buying an additional 4,835 shares in the last quarter. Skba Capital Management LLC purchased a new position in shares of Nielsen N.V. during the 2nd quarter valued at about $8,163,000. Finally, AMG Funds LLC purchased a new position in shares of Nielsen N.V. during the 2nd quarter valued at about $1,730,000. 96.29% of the stock is currently owned by institutional investors.
In other news, Director Karen M. Hoguet sold 18,620 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $39.01, for a total value of $726,366.20. Following the sale, the director now directly owns 44,080 shares in the company, valued at $1,719,560.80. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Jeffrey Charlton sold 3,762 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $49.21, for a total value of $185,128.02. The disclosure for this sale can be found here. Over the last quarter, insiders sold 43,312 shares of company stock worth $1,811,484. Company insiders own 0.67% of the company’s stock.
Shares of Nielsen N.V. (NYSE NLSN) opened at 39.85 on Monday. Nielsen N.V. has a 12 month low of $36.96 and a 12 month high of $54.99. The company has a market capitalization of $14.21 billion, a price-to-earnings ratio of 29.05 and a beta of 1.00. The stock has a 50 day moving average price of $40.34 and a 200-day moving average price of $40.30.
Nielsen N.V. (NYSE:NLSN) last issued its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. Analysts expect that Nielsen N.V. will post $2.60 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 7th. Stockholders of record on Thursday, August 24th were issued a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $1.36 annualized dividend and a dividend yield of 3.41%. Nielsen N.V.’s payout ratio is 99.27%.
A number of brokerages recently weighed in on NLSN. Zacks Investment Research cut Nielsen N.V. from a “hold” rating to a “strong sell” rating in a report on Thursday, August 17th. Pivotal Research reissued a “hold” rating and set a $38.00 price objective on shares of Nielsen N.V. in a report on Sunday, September 10th. BidaskClub raised Nielsen N.V. from a “hold” rating to a “buy” rating in a report on Saturday, August 5th. Needham & Company LLC reissued a “buy” rating and set a $55.00 price objective on shares of Nielsen N.V. in a report on Tuesday, September 12th. Finally, TheStreet raised Nielsen N.V. from a “c” rating to a “b-” rating in a report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $46.64.
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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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