Nielsen (NYSE:NLSN) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday, December 26th.
According to Zacks, “The strength in the Nielsen's Watch segment continues to be a strong revenue driver for the company. Its third-quarter 2017 diluted net earnings increased significantly year over year. Continued dividend payment and share repurchase reflect Nielsen’s financial strength and commitment to return value to shareholders. Also, the company's product launches are progressing well and should drive revenues in the near term. However, continued investments in technology and infrastructure could weigh on margins and profitability, going forward. Year-to-date the stock has underperformed the industry it belongs to.”
Other equities research analysts have also issued research reports about the company. Sanford C. Bernstein reiterated an “outperform” rating on shares of Nielsen in a report on Tuesday, September 12th. BidaskClub raised shares of Nielsen from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Morgan Stanley decreased their price objective on shares of Nielsen from $50.00 to $49.00 and set an “overweight” rating for the company in a research report on Thursday, October 26th. BMO Capital Markets cut their target price on shares of Nielsen from $43.00 to $40.00 and set a “market perform” rating on the stock in a report on Friday, November 10th. Finally, Deutsche Bank set a $35.00 target price on shares of Nielsen and gave the stock a “hold” rating in a report on Wednesday, November 29th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company’s stock. Nielsen presently has an average rating of “Hold” and an average target price of $43.25.
Nielsen (NYSE NLSN) opened at $37.46 on Tuesday. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.41 and a current ratio of 1.41. Nielsen has a 52-week low of $34.22 and a 52-week high of $45.73. The stock has a market capitalization of $12,928.90, a P/E ratio of 26.38, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94.
In related news, SVP Jeffrey Charlton sold 3,080 shares of Nielsen stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $36.01, for a total value of $110,910.80. Following the transaction, the senior vice president now owns 10,100 shares in the company, valued at approximately $363,701. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Luca Guerrino De bought 1,369 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was purchased at an average price of $36.54 per share, for a total transaction of $50,023.26. The disclosure for this purchase can be found here. Company insiders own 0.67% of the company’s stock.
Several large investors have recently bought and sold shares of NLSN. Capital Research Global Investors increased its holdings in shares of Nielsen by 21.2% during the 2nd quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock worth $1,469,362,000 after purchasing an additional 6,648,088 shares during the period. FMR LLC boosted its position in shares of Nielsen by 274.4% during the 2nd quarter. FMR LLC now owns 3,952,896 shares of the business services provider’s stock valued at $152,819,000 after acquiring an additional 2,897,137 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Nielsen by 143.0% during the 2nd 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 acquiring an additional 2,870,282 shares in the last quarter. Parnassus Investments CA acquired a new stake in shares of Nielsen during the 3rd quarter valued at about $103,625,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Nielsen during the 3rd quarter valued at about $74,116,000. Institutional investors own 95.62% of the company’s stock.
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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