Achmea Investment Management B.V. Grows Stake in Nielsen Holdings PLC (NLSN)
Achmea Investment Management B.V. lifted its holdings in Nielsen Holdings PLC (NYSE:NLSN) by 158.8% during the third quarter, HoldingsChannel.com reports. The fund owned 59,107 shares of the business services provider’s stock after buying an additional 36,272 shares during the quarter. Achmea Investment Management B.V.’s holdings in Nielsen were worth $1,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also added to or reduced their stakes in the company. Piedmont Investment Advisors LLC acquired a new stake in Nielsen during the second quarter valued at $122,000. Rockefeller Capital Management L.P. acquired a new stake in Nielsen during the third quarter valued at $187,000. Point72 Hong Kong Ltd acquired a new stake in Nielsen during the second quarter valued at $188,000. Northwestern Mutual Wealth Management Co. grew its position in Nielsen by 77.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,477 shares of the business services provider’s stock valued at $200,000 after buying an additional 2,827 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Nielsen during the second quarter valued at $201,000. Hedge funds and other institutional investors own 95.57% of the company’s stock.
Several analysts recently commented on NLSN shares. Morgan Stanley set a $27.00 price target on shares of Nielsen and gave the company a “buy” rating in a research report on Thursday, September 13th. Goldman Sachs Group upgraded shares of Nielsen from a “sell” rating to a “neutral” rating and raised their price target for the company from $20.00 to $25.00 in a research report on Thursday, August 23rd. Pivotal Research lowered shares of Nielsen from a “buy” rating to a “hold” rating and set a $27.00 price target on the stock. in a research report on Wednesday, August 15th. BMO Capital Markets restated a “market weight” rating and set a $24.00 price target (down previously from $38.00) on shares of Nielsen in a research report on Friday, July 27th. Finally, Needham & Company LLC dropped their price target on shares of Nielsen to $30.00 and set a “buy” rating on the stock in a research report on Friday, July 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. Nielsen has an average rating of “Hold” and an average price target of $29.67.
Nielsen (NYSE:NLSN) last announced its earnings results on Thursday, October 25th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. Nielsen had a net margin of 4.85% and a return on equity of 14.56%. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.58 billion. Research analysts predict that Nielsen Holdings PLC will post 1.95 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Stockholders of record on Wednesday, November 21st will be given a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, November 20th. This represents a $1.40 annualized dividend and a dividend yield of 5.28%. Nielsen’s dividend payout ratio (DPR) is 66.35%.
Nielsen Company Profile
Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
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