Lucus Advisors LLC decreased its position in shares of NeuStar Inc. (NYSE:NSR) by 25.5% during the second quarter, Holdings Channel reports. The firm owned 14,868 shares of the company’s stock after selling 5,082 shares during the period. Lucus Advisors LLC’s holdings in NeuStar were worth $350,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of NSR. Steinberg Asset Management LLC increased its stake in NeuStar by 14.6% in the first quarter. Steinberg Asset Management LLC now owns 1,201,827 shares of the company’s stock worth $29,565,000 after buying an additional 153,182 shares during the period. Genesee Valley Trust Co. increased its stake in NeuStar by 13.0% in the second quarter. Genesee Valley Trust Co. now owns 30,821 shares of the company’s stock worth $725,000 after buying an additional 3,554 shares during the period. TIAA CREF Investment Management LLC increased its stake in NeuStar by 4.6% in the first quarter. TIAA CREF Investment Management LLC now owns 282,075 shares of the company’s stock worth $6,939,000 after buying an additional 12,383 shares during the period. Pacad Investment Ltd. increased its stake in NeuStar by 7.3% in the first quarter. Pacad Investment Ltd. now owns 23,811 shares of the company’s stock worth $586,000 after buying an additional 1,611 shares during the period. Finally, Jensen Investment Management Inc. increased its stake in NeuStar by 12.8% in the second quarter. Jensen Investment Management Inc. now owns 18,100 shares of the company’s stock worth $426,000 after buying an additional 2,060 shares during the period.
NeuStar Inc. (NYSE:NSR) traded down 0.11% on Friday, hitting $26.59. The company had a trading volume of 362,969 shares. The stock has a market cap of $1.45 billion, a P/E ratio of 9.53 and a beta of 1.32. NeuStar Inc. has a 12-month low of $20.00 and a 12-month high of $30.11. The firm’s 50 day moving average price is $25.49 and its 200 day moving average price is $24.58.
NeuStar (NYSE:NSR) last announced its quarterly earnings results on Thursday, July 28th. The company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.05. The firm earned $297.60 million during the quarter, compared to analysts’ expectations of $297.37 million. NeuStar had a net margin of 13.64% and a return on equity of 33.76%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 earnings per share. Equities analysts predict that NeuStar Inc. will post $5.21 earnings per share for the current fiscal year.
Several equities research analysts have recently weighed in on NSR shares. Zacks Investment Research raised NeuStar from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Wednesday, August 3rd. Oppenheimer Holdings Inc. reaffirmed a “hold” rating on shares of NeuStar in a research report on Tuesday, June 21st. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $30.00 target price on shares of NeuStar in a research report on Friday, July 29th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. NeuStar has an average rating of “Hold” and a consensus target price of $29.00.
In other NeuStar news, SVP Henry Skorny sold 24,677 shares of the firm’s stock in a transaction dated Thursday, July 7th. The shares were sold at an average price of $23.44, for a total transaction of $578,428.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.91% of the company’s stock.
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