Riverhead Capital Management LLC raised its stake in Nielsen Holdings PLC (NYSE:NLSN) by 6.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,891 shares of the business services provider’s stock after acquiring an additional 950 shares during the quarter. Riverhead Capital Management LLC’s holdings in Nielsen were worth $382,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NLSN. Steward Partners Investment Advisory LLC acquired a new position in Nielsen in the second quarter valued at $163,000. CIBC Asset Management Inc increased its stake in Nielsen by 2.7% in the second quarter. CIBC Asset Management Inc now owns 22,353 shares of the business services provider’s stock valued at $505,000 after purchasing an additional 592 shares during the last quarter. Janus Henderson Group PLC increased its stake in Nielsen by 67.6% in the second quarter. Janus Henderson Group PLC now owns 298,950 shares of the business services provider’s stock valued at $6,755,000 after purchasing an additional 120,529 shares during the last quarter. Clarkston Capital Partners LLC grew its position in Nielsen by 4.6% during the second quarter. Clarkston Capital Partners LLC now owns 6,733,027 shares of the business services provider’s stock valued at $152,166,000 after acquiring an additional 298,982 shares during the period. Finally, Arizona State Retirement System grew its position in Nielsen by 4.9% during the second quarter. Arizona State Retirement System now owns 137,428 shares of the business services provider’s stock valued at $3,106,000 after acquiring an additional 6,387 shares during the period. 96.79% of the stock is owned by institutional investors.

NLSN stock traded up $0.16 during trading on Friday, reaching $22.67. 63,167 shares of the stock traded hands, compared to its average volume of 2,657,277. The business’s 50 day moving average price is $21.52 and its 200-day moving average price is $23.79. Nielsen Holdings PLC has a 52-week low of $19.96 and a 52-week high of $28.50. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $7.96 billion, a PE ratio of 13.12, a P/E/G ratio of 1.11 and a beta of 0.92.

Nielsen (NYSE:NLSN) last issued its earnings results on Wednesday, July 31st. The business services provider reported $0.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.12. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the business earned $0.20 earnings per share. The company’s revenue was down 1.2% compared to the same quarter last year. On average, equities research analysts predict that Nielsen Holdings PLC will post 1.69 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Thursday, August 22nd were given a $0.35 dividend. This is an increase from Nielsen’s previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, August 21st. This represents a $1.40 annualized dividend and a dividend yield of 6.18%. Nielsen’s dividend payout ratio is presently 80.92%.

A number of equities research analysts have issued reports on the company. ValuEngine downgraded Nielsen from a “hold” rating to a “sell” rating in a research report on Tuesday, May 28th. Citigroup set a $28.00 price target on Nielsen and gave the company a “buy” rating in a research report on Friday, August 16th. Finally, Zacks Investment Research downgraded Nielsen from a “buy” rating to a “hold” rating in a research report on Wednesday, May 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $26.17.

Nielsen Company Profile

Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. It operates in two segments, Buy and Watch. The Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry.

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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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