Several other research analysts also recently weighed in on the company. JPMorgan Chase & Co. restated a buy rating and set a $64.00 target price on shares of Nielsen NV in a research note on Tuesday, September 27th. Cantor Fitzgerald began coverage on Nielsen NV in a research note on Thursday, September 15th. They set a hold rating and a $57.00 price target on the stock. Pivotal Research reiterated a hold rating on shares of Nielsen NV in a research note on Tuesday, July 26th. BMO Capital Markets downgraded Nielsen NV from an outperform rating to a market perform rating and set a $56.00 price target on the stock. in a research note on Friday, July 22nd. They noted that the move was a valuation call. Finally, Barclays PLC reiterated a buy rating on shares of Nielsen NV in a research note on Saturday, July 9th. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of Buy and an average target price of $57.13.
Nielsen NV (NYSE:NLSN) traded up 1.02% on Wednesday, reaching $52.58. The company’s stock had a trading volume of 1,459,981 shares. Nielsen NV has a 1-year low of $42.90 and a 1-year high of $55.94. The company has a market capitalization of $18.79 billion, a price-to-earnings ratio of 31.79 and a beta of 0.83. The firm’s 50 day moving average price is $52.74 and its 200-day moving average price is $52.91.
Nielsen NV (NYSE:NLSN) last announced its earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.71. Nielsen NV had a return on equity of 21.08% and a net margin of 9.71%. The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the previous year, the business earned $0.66 EPS. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. Equities analysts forecast that Nielsen NV will post $2.87 earnings per share for the current year.
In other news, insider Giovanni Tavolieri sold 7,883 shares of the stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $52.76, for a total value of $415,907.08. Following the sale, the insider now directly owns 21,417 shares in the company, valued at $1,129,960.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director David L. Calhoun sold 105,441 shares of the stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $52.97, for a total value of $5,585,209.77. Following the completion of the sale, the director now owns 941,446 shares in the company, valued at $49,868,394.62. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.
Several hedge funds have recently made changes to their positions in NLSN. Jackson Square Partners LLC boosted its stake in Nielsen NV by 724.3% in the first quarter. Jackson Square Partners LLC now owns 9,298,023 shares of the company’s stock worth $556,276,000 after buying an additional 8,169,990 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Nielsen NV by 965.9% in the first quarter. Renaissance Technologies LLC now owns 1,398,500 shares of the company’s stock worth $73,645,000 after buying an additional 1,267,300 shares in the last quarter. EverPoint Asset Management LLC boosted its stake in Nielsen NV by 178.1% in the second quarter. EverPoint Asset Management LLC now owns 390,400 shares of the company’s stock worth $20,289,000 after buying an additional 890,400 shares in the last quarter. Vanguard Group Inc. boosted its stake in Nielsen NV by 2.8% in the second quarter. Vanguard Group Inc. now owns 31,101,138 shares of the company’s stock worth $1,616,326,000 after buying an additional 834,315 shares in the last quarter. Finally, Handelsbanken Fonder AB purchased a new position in shares of Nielsen NV during the second quarter valued at about $43,343,000. Institutional investors and hedge funds own 92.33% of the company’s stock.
About Nielsen NV
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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