Macquarie Group Ltd. Has $91.38 Million Stake in Nielsen N.V. (NLSN)
Macquarie Group Ltd. reduced its stake in shares of Nielsen N.V. (NYSE:NLSN) by 10.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,363,677 shares of the business services provider’s stock after selling 283,749 shares during the quarter. Macquarie Group Ltd. owned about 0.66% of Nielsen N.V. worth $91,380,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. Washington Trust Bank grew its position in shares of Nielsen N.V. by 0.4% during the 2nd quarter. Washington Trust Bank now owns 8,318 shares of the business services provider’s stock worth $322,000 after buying an additional 36 shares during the period. Northwestern Mutual Wealth Management Co. grew its position 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 worth $140,000 after buying an additional 87 shares during the period. Louisiana State Employees Retirement System grew its position in shares of Nielsen N.V. by 0.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 20,800 shares of the business services provider’s stock worth $804,000 after buying an additional 100 shares during the period. Creative Planning grew its position in shares of Nielsen N.V. by 3.0% during the 2nd quarter. Creative Planning now owns 3,593 shares of the business services provider’s stock worth $139,000 after buying an additional 103 shares during the period. Finally, CIBC Asset Management Inc grew its position in shares of Nielsen N.V. by 0.7% during the 2nd quarter. CIBC Asset Management Inc now owns 20,998 shares of the business services provider’s stock worth $812,000 after buying an additional 138 shares during the period. Institutional investors own 96.29% of the company’s stock.
In other Nielsen N.V. news, insider Stephen Hasker sold 20,930 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider now owns 79,341 shares of the company’s stock, valued at $3,411,663. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffrey Charlton sold 3,762 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The shares were 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 valued at $1,811,484. 0.67% of the stock is currently owned by corporate insiders.
Several equities analysts have recently issued reports on the company. BidaskClub lowered Nielsen N.V. from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th. Zacks Investment Research upgraded Nielsen N.V. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 26th. TheStreet upgraded Nielsen N.V. from a “c” rating to a “b-” rating in a research report on Monday, July 31st. Sanford C. Bernstein restated an “outperform” rating on shares of Nielsen N.V. in a research report on Tuesday, September 12th. Finally, Needham & Company LLC restated a “buy” rating and set a $55.00 target price on shares of Nielsen N.V. in a research report on Tuesday, September 12th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Nielsen N.V. presently has a consensus rating of “Buy” and a consensus target price of $46.64.
Shares of Nielsen N.V. (NLSN) traded down 0.518% during trading on Thursday, hitting $41.285. The company had a trading volume of 243,316 shares. Nielsen N.V. has a 12-month low of $36.96 and a 12-month high of $54.99. The stock has a 50-day moving average of $39.91 and a 200 day moving average of $39.97. The stock has a market capitalization of $14.72 billion, a price-to-earnings ratio of 30.091 and a beta of 0.99.
Nielsen N.V. (NYSE:NLSN) last issued its earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.14). The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.65 billion. Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 earnings per share. On average, analysts predict that Nielsen N.V. will post $2.60 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 7th. Shareholders of record on Thursday, August 24th were issued a $0.34 dividend. The ex-dividend date was Tuesday, August 22nd. This represents a $1.36 dividend on an annualized basis and a yield of 3.28%. Nielsen N.V.’s payout ratio is currently 99.27%.
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Nielsen N.V. Profile
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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