Nielsen N.V.’s (NLSN) Hold Rating Reaffirmed at BMO Capital Markets
Several other equities analysts also recently commented on NLSN. Goldman Sachs Group, Inc. (The) assumed coverage on Nielsen N.V. in a research report on Wednesday, November 8th. They issued a neutral rating and a $40.00 price objective on the stock. SunTrust Banks, Inc. restated a buy rating and issued a $42.00 price objective on shares of Nielsen N.V. in a research report on Friday. Zacks Investment Research downgraded Nielsen N.V. from a hold rating to a strong sell rating in a research report on Thursday, August 17th. Morgan Stanley lowered their price objective on Nielsen N.V. from $49.00 to $47.00 and set an overweight rating on the stock in a research report on Friday. Finally, BidaskClub upgraded Nielsen N.V. from a hold rating to a buy rating in a research report on Saturday, August 5th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of $44.20.
Shares of Nielsen N.V. (NYSE:NLSN) traded down $0.48 during trading on Friday, hitting $36.62. The stock had a trading volume of 3,805,600 shares, compared to its average volume of 4,108,995. Nielsen N.V. has a fifty-two week low of $34.22 and a fifty-two week high of $45.73. The stock has a market capitalization of $13,042.87, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 1.73 and a beta of 0.95. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.88.
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The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 5th. Shareholders of record on Tuesday, November 21st will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Monday, November 20th. This represents a $1.36 annualized dividend and a yield of 3.71%. Nielsen N.V.’s payout ratio is currently 95.78%.
In other Nielsen N.V. news, Director Karen M. Hoguet sold 18,620 shares of the business’s stock in a transaction that occurred on Wednesday, September 6th. The stock was 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 $1,719,560.80. 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 business’s 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. Insiders own 0.67% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in NLSN. Capital Research Global Investors grew its stake in shares of Nielsen N.V. by 21.2% during the second quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock valued at $1,469,362,000 after buying an additional 6,648,088 shares during the last quarter. FMR LLC grew its stake in shares of Nielsen N.V. by 274.4% during the second quarter. FMR LLC now owns 3,952,896 shares of the business services provider’s stock valued at $152,819,000 after buying an additional 2,897,137 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Nielsen N.V. by 143.0% during the second quarter. The Manufacturers Life Insurance Company now owns 4,877,253 shares of the business services provider’s stock valued at $188,555,000 after buying an additional 2,870,282 shares during the last quarter. Parnassus Investments CA bought a new position in shares of Nielsen N.V. during the third quarter valued at approximately $103,625,000. Finally, Boston Partners grew its stake in shares of Nielsen N.V. by 71.2% during the second quarter. Boston Partners now owns 3,920,748 shares of the business services provider’s stock valued at $151,576,000 after buying an additional 1,630,827 shares during the last quarter. 95.67% of the stock is currently owned by hedge funds and other institutional investors.
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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