ETRADE Capital Management LLC boosted its holdings in Nielsen N.V. (NYSE:NLSN) by 12.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,374 shares of the business services provider’s stock after purchasing an additional 6,064 shares during the quarter. ETRADE Capital Management LLC’s holdings in Nielsen were worth $2,016,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in NLSN. Capital Guardian Trust Co. boosted its stake in shares of Nielsen by 25.2% during the 3rd quarter. Capital Guardian Trust Co. now owns 1,139,989 shares of the business services provider’s stock worth $47,253,000 after purchasing an additional 229,675 shares during the last quarter. Hamlin Capital Management LLC purchased a new stake in shares of Nielsen during the fourth quarter valued at approximately $69,076,000. Pinebridge Investments L.P. grew its position in shares of Nielsen by 3,246.9% during the third quarter. Pinebridge Investments L.P. now owns 53,015 shares of the business services provider’s stock worth $2,197,000 after buying an additional 51,431 shares in the last quarter. Teacher Retirement System of Texas grew its position in shares of Nielsen by 1,886.7% during the fourth quarter. Teacher Retirement System of Texas now owns 96,634 shares of the business services provider’s stock worth $3,517,000 after buying an additional 91,770 shares in the last quarter. Finally, California Public Employees Retirement System grew its position in shares of Nielsen by 1.1% during the fourth quarter. California Public Employees Retirement System now owns 726,681 shares of the business services provider’s stock worth $26,451,000 after buying an additional 7,711 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.
Several brokerages have recently issued reports on NLSN. SunTrust Banks reissued a “buy” rating and set a $38.00 price target (down previously from $42.00) on shares of Nielsen in a report on Wednesday, February 14th. Citigroup upgraded shares of Nielsen from a “neutral” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Friday, November 17th. Deutsche Bank set a $33.00 price target on shares of Nielsen and gave the stock a “hold” rating in a research report on Friday, February 9th. Zacks Investment Research raised Nielsen from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Finally, BMO Capital Markets lowered their target price on Nielsen from $40.00 to $38.00 and set a “market perform” rating on the stock in a research note on Monday, February 12th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $41.88.
Shares of Nielsen N.V. (NYSE:NLSN) traded up $0.04 during midday trading on Wednesday, reaching $33.54. The company’s stock had a trading volume of 1,834,152 shares, compared to its average volume of 4,098,555. The firm has a market cap of $12,097.37, a PE ratio of 27.69, a PEG ratio of 1.69 and a beta of 0.99. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.34 and a quick ratio of 1.34. Nielsen N.V. has a 52-week low of $31.90 and a 52-week high of $44.24.
Nielsen (NYSE:NLSN) last issued its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.04). Nielsen had a net margin of 6.53% and a return on equity of 16.79%. The business had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.76 billion. During the same quarter in the previous year, the business posted $0.44 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. equities research analysts expect that Nielsen N.V. will post 2.52 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 21st. Investors of record on Wednesday, March 7th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, March 6th. This represents a $1.36 dividend on an annualized basis and a yield of 4.05%. Nielsen’s dividend payout ratio is currently 112.40%.
In other Nielsen news, CFO Jamere Jackson sold 16,000 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $36.30, for a total value of $580,800.00. Following the sale, the chief financial officer now owns 93,138 shares in the company, valued at approximately $3,380,909.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.67% of the company’s stock.
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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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